When analyzing competition for raw material in the business environment analysis model (BEAM) the environmental force being considered is
A) supply
B) government
C) demand
D) competition

Question

Quizplus · Accepted Answer

The competition for raw materials is an example of the supply force in the BEAM because it relates to the availability and accessibility of resources needed for production. The supply force includes factors such as supplier power, supply chain disruptions, and resource scarcity, all of which can impact a company's ability to obtain the necessary raw materials for their products.

When Analyzing Competition for Raw Material in the Business Environment