Which of the Following Trends Identified in an Environmental Scan

question 94

Multiple Choice

Which of the following trends identified in an environmental scan is an economic trend?

• A)The U.S. ,Japan,China,and the E.U.countries will increase investments in sustainable living infrastructure.
• B)3D printing is creating a resurgence in domestic manufacturing.
• C)Partnerships,collaborations,and co-creation of value will become important dimensions of business rivalry.
• D)Healthcare,gun-control,and marijuana regulation are receiving increasing attention.
• E)High unemployment and reduced income is increasing demand at discount retailers for lower-cost and smaller-sized products.

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Definitions:

Export Subsidy

A governmental financial support for companies exporting products, designed to encourage exports by making them price competitive in global markets.

Dumping

A firm’s or an industry’s sale of products on the world market at prices below its own cost of production.

Natural Comparative Advantage

A situation where a country or region can produce a particular good or service at a lower opportunity cost compared to other countries or regions.

Factor Endowments

Refers to the quantity and quality of resources a country or region has available, such as labor, land, and capital.