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15 November, 22:38

The following chart describes opportunities and challenges in the external environments that surround businesses. Which of the following statements best characterize and fit in the empty cells?

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  1. 15 November, 22:42
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    Identity theft is a challenge in the technological environment of businesses, while the desire for green living presents opportunities for new businesses in the global environment.

    Explanation:

    Database present cannot be a challenge in the context of the global environment. Therefore, it is incorrect.

    E-commerce, by no means, is a costly technology. It is a cost-effective technology. Therefore, it is also incorrect.

    Identify theft is a challenge but war and terrorism cannot satisfy the global environment. So, it is wrong.

    Identify theft is a challenge while green living presents opportunities for new businesses in the global environment. Therefore, it is the correct option.
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