Liz, a new manager at Stamford Soft, has been asked to focus on the competitive environment of the organization. Which of these factors is among those on which Liz should focus?
A) Government legislation.
B) Culture.
C) Demographics.
D) Buyers.
E) Technology.

Question

Quizplus · Accepted Answer

The competitive environment is composed of the firm and its rivals, suppliers, customers (buyers), new entrants, and substitute or complementary products.

Liz, a New Manager at Stamford Soft, Has Been Asked