Competitive Environment Stakeholder Recognition Quiz
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Questions and Answers

What has contributed to more people living longer?

  • Better medical knowledge and technology (correct)
  • Reduction in the quality of healthcare services
  • Decreased access to healthcare
  • Poor health habits

    • How has Canada's population changed in the last ten years?

  • It has welcomed close to 2.7 million permanent residents (correct)
  • It has decreased by 2.7 million permanent residents
  • It has remained constant with no changes
  • It has become less diverse

    • What is a potential impact of global trade expansion?

  • Reduction in global competition
  • Decrease in job opportunities in service industries
  • Stagnation of job growth in global markets
  • Creation of new jobs in both manufacturing and service industries (correct)

    • What is climate change?

    <p>The movement of the temperature of the planet up or down over time</p> Signup and view all the answers

    How did the COVID-19 pandemic affect carbon emissions?

    <p>It reduced carbon emissions by 7 percent</p> Signup and view all the answers

    What has contributed to the efficiency of the modern farming industry?

    <p>The use of technology</p> Signup and view all the answers

    What is the primary focus of empowering front-line workers?

    <p>Ensuring customer satisfaction</p> Signup and view all the answers

    In the context of competitive strategies, what does 'restructuring and empowerment' typically involve?

    <p>Providing more autonomy and responsibility to front-line workers</p> Signup and view all the answers

    What is the key factor driving the trend towards businesses becoming customer-driven?

    <p>Meeting the needs of customers</p> Signup and view all the answers

    Which demographic characteristics are of particular interest in the social environment?

    <p>Age, race, and gender</p> Signup and view all the answers

    What is the main purpose of demography?

    <p>Studying human population statistics</p> Signup and view all the answers

    What action is necessary to ensure that employees can respond quickly to customer requests?

    <p>Providing training and equipment</p> Signup and view all the answers

    What is a key aspect of being customer-driven in business?

    <p>Delivering products faster</p> Signup and view all the answers

    What does 'concern for the environment' refer to in the context of the text?

    <p>Being mindful of environmental impact</p> Signup and view all the answers

    How does providing autonomy to front-line workers benefit businesses?

    <p>By improving customer satisfaction</p> Signup and view all the answers

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