he External Environment (Scenario)
DigiTech Corporation is a manufacturer of handheld language translation devices. There are many forces in the external environment that influence DigiTech, and its managers are monitoring them closely. One factor is the upcoming federal election. If elected, the leading political candidate has promised to cut corporate taxes to help stimulate the economy. Another factor is the emergence of new competitors with products similar to DigiTech's best-selling model: the Speak-Easy. Advances in the processing speed of computer chips have shortened product development cycles and made it easier for new companies to enter the market. Unfortunately, the recent increase in competition has led to supplier shortages of key components such as microphones and micro-speakers and has left DigiTech scrambling to find new sources!
-In DigiTech's specific environment,the number of ________ is increasing and there are shortages among its key ________.
A)pressure groups; customers
B)customers; competitors
C)competitors; suppliers
D)suppliers; investors
E)investors; agents

Question

Quizplus · Accepted Answer

The scenario mentions the emergence of new competitors with products similar to DigiTech's best-selling model and supplier shortages of key components such as microphones and micro-speakers, indicating that the number of competitors is increasing and there are shortages among its key suppliers. Therefore, option C is the correct answer. Option A and B are incorrect as they do not align with the information in the scenario. Option D and E are also incorrect as there is no mention of investors or agents in the scenario.

He External Environment (Scenario)