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A Maker of Hardwood Flooring Experienced a Sudden Drop in Sales

Question 6

Multiple Choice

A maker of hardwood flooring experienced a sudden drop in sales due to the introduction of fake wood flooring that could be produced more cheaply, installed easier, and required less maintenance that real hardwood flooring. This is an example of how one company is impacted by:


A) technology.
B) globalization.
C) employee concerns.
D) industry trends.
E) economic conditions.

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