Bagfur is a manufacturer of original leather handbags. Its business has dropped as the use of leather has been banned in a lot of countries. In the context of changing environments, which of the following does this scenario best illustrate?

Question

Quizplus · Accepted Answer

The scenario illustrates resource scarcity as the availability of leather has reduced due to its ban in many countries, causing Bagfur's business to drop. This is a clear example of the impact of resource scarcity on a company's operations.

Bagfur Is a Manufacturer of Original Leather Handbags