Which of the following is the BEST example of environmental turbulence?
A) A new company opens a store to compete in your market.
B) The Japanese economy experienced the tsunami and nuclear reactor problem.
C) A competitor announces a new lifetime warranty program.
D) A competitor announces development of a substitute for the product that has been your big seller.
E) The sole supplier of one of your raw materials is shut down by a prolonged labor strike.

Question

Quizplus · Accepted Answer

Environmental turbulence refers to unexpected, dramatic changes in the environment that can significantly impact organizations. The Japanese economy experiencing the tsunami and nuclear reactor problem is the best example of environmental turbulence among the options given because it represents a sudden, unpredictable, and profound change affecting businesses, infrastructure, and the overall economy in ways that are difficult to prepare for or immediately mitigate.

Which of the Following Is the BEST Example of Environmental