When local store managers try to spot trends and changes so that they can respond to customer needs, they are attempting to ________.
A) increase the elasticity of supply
B) decrease the transaction costs
C) manage the external environment
D) increase the division of labor

Question

Quizplus · Accepted Answer

Local store managers trying to spot trends and changes so that they can respond to customer needs are attempting to manage the external environment. They are keeping an eye on changes in the market, customer preferences, and competitors' strategies, and adjusting their business operations accordingly. This helps them remain competitive and relevant.

When Local Store Managers Try to Spot Trends and Changes