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

question 1

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 strength 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.
• E) A new housing development is being built in town.

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Definitions:

Financial Mind-Set

An attitude or perspective that emphasizes the importance of financial outcomes in decision-making.

Operational Mind-Set

A way of thinking that focuses on the efficient execution of processes, tasks, and strategies.

Strategic Thinking

The process of planning for the future, analyzing patterns, and making decisions that will prepare an organization for long-term success.

Enterprising Family

A family that engages in business activities, often with multiple generations contributing to the business's growth and success.