When conducting an environmental scan, which of the following is an economic factor that a business should consider:NCCTE.9 ..... 12.SH.ME11.2.02RBT:

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

When conducting an environmental scan, which of the following is an economic factor that a business should consider:NCCTE.9 ____ 12.SH.ME11.2.02RBT:

A	Consumer spending habits
B	Global trade regulations
C	Local demographics
D	Restricted sales territories

Explanation:

Detailed explanation-1: -Answer: The four important factors of environmental scanning are events, trends, issues, and expectations. Events are occurrences which takes place in different environmental sectors of a business.

Detailed explanation-2: -Technological factors. Economic factors. Political and legal factors. Demographic factors. Social factors. Competitive factors. Global factors. Ethical factors. More items •29-Mar-2023

Detailed explanation-3: -Human resources. Financial resources. Organizational structure. Corporate culture. Technological resources. Capital resources.

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INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT