LA Business Daily

The new competitive jewelry chains are in the _____ environment.?

Tom has been in the jewelry business for 40 yrs and is thinking about selling and retiring. things have changed. New competitive jewlry chains have sprung up. much of what they sell comes from international suppliers. their prices are lower and many potential customers buy on price, not recognizing the quality difference. the business has its cycles too. In good economic times people have more discretionary income and are able to afford the jewelry. but business declines in economic recessions. it seems difficult to keep and train employees at the store. the last clerk stayed six months and then took a job with a competitor. yes its time to sell and retire. The new competitive jewelry chains are in the ___ environment. (a)external (b)internal (c)task (d)general my answer is A I'm I right?

Public Comments

  1. Its a.) external environment These forces are beyond your control and supervision
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