The Lemon Tree is a high-fashion boutique selling top-of-the-line women's clothing and accessories.The keys to its success include knowing the customers' changing tastes and providing something different from other retailers.In addition, because of the high value of the merchandise, The Lemon Tree's management is exploring the use of computerized inventory controls and sales order processing.From this description, one can infer that the environmental category of least importance to The Lemon Tree, at this particular time, would be

Question

Quizplus · Accepted Answer

The fact that The Lemon Tree is exploring the use of computerized inventory controls and sales order processing implies that they are concerned with the technological environment. The success of the boutique depends on knowing the customers' changing tastes and providing something different, so the competitive and social environments are likely important as well. The economic environment may also be important due to the high value of the merchandise, but it is not mentioned specifically in relation to the use of technology. The regulatory environment is not mentioned at all, indicating that it is likely the category of least importance at this time.

The Lemon Tree Is a High-Fashion Boutique Selling Top-Of-The-Line Women's