Eleanor must steer her company through a crisis. She must search for a new supplier of a raw material that makes her product unique. New competition is forcing her to reduce prices,and her production process is outdated. Which environmental characteristic is Eleanor dealing with?

Question

Quizplus · Accepted Answer

Eleanor is dealing with uncertainty as she must find a new supplier for a crucial raw material, while also facing new competition and outdated production processes. Uncertainty refers to the complexity and unpredictability of the business environment, which can create challenges and opportunities for organizations.

Eleanor Must Steer Her Company Through a Crisis