5.03 test correction Word Scramble
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| Question | Answer |
| The two main divisions of the trade industry are: | Wholesalers and retailers |
| Which affects the business environment because it provides the most options for customers? | global competition |
| Which situation would most likely indicate the need to adapt to changes in the business environment? | The supply of materials used in manufacturing a product has decreased. |
| Which factor has aided the most in creating a global business environment? | technology |
| Which is an example of an economics factor that affects the business environment? | business cycle |
| One reason why many small businesses develop an organizational design that requires a board of directors is because a board usually: | Provides experience that increases the business's credibility |
Created by:
E.brooks