Which of the following describes a dynamic environment?
A)Sales vary with the seasons.
B)Production methods have changed gradually over the last 25 years.
C)Competitors move into and out of the industry frequently.
D)Product demand increases every year on a steady upward trend.

Question

Quizplus · Accepted Answer

A dynamic environment is one that is constantly changing and evolving. In this scenario, competitors moving in and out of the industry frequently indicates a dynamic environment as it suggests a constantly changing competitive landscape. The other options do not necessarily indicate a dynamic environment.

Which of the Following Describes a Dynamic Environment