D&B Designs Has Been in the Landscape Design Business in Pleasantville

question 146

Multiple Choice

D&B Designs has been in the landscape design business in Pleasantville for the past 20 years.As the "first mover" in the market,the company has built a strong market share over the years and is the best-known firm in the area.The company size increased steadily,and now stands at 50 employees.Which of the following,if TRUE,would make the company's business environment more uncertain?

• A)Homeowners in the area take pride in their gardens and are avid do-it-yourself gardeners.
• B)Demand for landscaping services dips every autumn and winter.
• C)A long-time competitor quit the landscape design business last year.
• D)Zoning laws in the area change as each new city council comes into power.

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Definitions:

Uncertain Situations

Scenarios in which outcomes or conditions are not known, predictable, or completely measurable, often affecting decision making.

Information

Pertains to data, knowledge, or facts that are acquired through experience, observation, or instruction, which can influence economic decisions.

Fully Insure

To obtain insurance coverage that provides complete protection against all potential risks or losses.

Insurance

A financial product sold by insurance companies to safeguard against risk and unforeseen losses.