Jenna has worked as a secretary for a small tech manufacturer for 45 years. In that time, she has weathered many interpersonal storms, from angry customers to new products to tight deadlines to a moody boss. Just today, she came to work and discovered that the company had been sold to a Chinese conglomerate and that she no longer has a job. As she considers her options, she hears through the grapevine that her boss has been orchestrating this buyout for six months, that he knew the Chinese firm would be terminating her because of her age, and that he will be walking away with a hefty reward for his negotiations. What best categorizes the situation, in regard to the five dimensions of the business environment? a) Competitive environment because of the buyout b) Technological environment because of the competitive advantage of e-commerce, Web presence, and bleeding-edge business technology J c) Global environment because of American outsourcing d) Social environment because of diversity and demographic considerations in the aging workforce, employer- employee loyalty considerations, and the area of ethics and social responsibility

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Jenna has worked as a secretary for a small tech manufacturer for 45 years. In that time, she has weathered many
interpersonal storms, from angry customers to new products to tight deadlines to a moody boss. Just today, she came to
work and discovered that the company had been sold to a Chinese conglomerate and that she no longer has a job. As
she considers her options, she hears through the grapevine that her boss has been orchestrating this buyout for six
months, that he knew the Chinese firm would be terminating her because of her age, and that he will be walking away
with a hefty reward for his negotiations. What best categorizes the situation, in regard to the five dimensions of the
business environment?
a) Competitive environment because of the buyout
b) Technological environment because of the competitive advantage of e-commerce, Web presence, and
bleeding-edge business technology
J
c) Global environment because of American outsourcing
d) Social environment because of diversity and demographic considerations in the aging workforce, employer-
employee loyalty considerations, and the area of ethics and social responsibility
Transcribed Image Text:Jenna has worked as a secretary for a small tech manufacturer for 45 years. In that time, she has weathered many interpersonal storms, from angry customers to new products to tight deadlines to a moody boss. Just today, she came to work and discovered that the company had been sold to a Chinese conglomerate and that she no longer has a job. As she considers her options, she hears through the grapevine that her boss has been orchestrating this buyout for six months, that he knew the Chinese firm would be terminating her because of her age, and that he will be walking away with a hefty reward for his negotiations. What best categorizes the situation, in regard to the five dimensions of the business environment? a) Competitive environment because of the buyout b) Technological environment because of the competitive advantage of e-commerce, Web presence, and bleeding-edge business technology J c) Global environment because of American outsourcing d) Social environment because of diversity and demographic considerations in the aging workforce, employer- employee loyalty considerations, and the area of ethics and social responsibility
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