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 shaded cells? Databases present themselves as a challenge and threat in the technological environment; while globalization has provided for an increase in the standard of living in the global environment. 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. E-commerce is a costly technological environment challenge, while the leisure time of seniors creates an opportunity in the global environment. Identity theft remains a technological environment challenge, while war and terrorism satisfy opportunities in the global environment due to the fact that they remain a small cost to society
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