Which of the following trends identified in an environmental scan is a competitive trend?
A)Robots are becoming viable technologies for housework,surgery,and many forms of labor.
B)Microbusiness impact will increase through peer-to-peer websites.
C)During the recession the consumer saving rate rose to 8.3%;the rate has since declined to 3.7%,indicating more spending.
D)There will be increasing regulatory guidance regarding green and environmental marketing claims.
E)Online concept testing is becoming important ways for consumers to participate in brand and product development.

Question

Quizplus · Accepted Answer

Microbusiness impact increasing through peer-to-peer websites is a trend that relates to competition because it suggests that small businesses and individuals may have greater access to markets and customers, potentially increasing competition within industries. The other trends listed do not necessarily relate specifically to competition, but rather to technological advancements, consumer behavior, and regulatory changes.

Which of the Following Trends Identified in an Environmental Scan