As the manager of ABC Retail company you are asked to consider key factor from market environment that may affect performance of your company. Which of the options below would be correct? As die bestuurder van ABC Kleinhandels, word jy gevra om die sleutel faktore van die markomgewing te identifiseer wat moontlik die prestasie van jou maatskappy kan beïnvloed. Watter van die onderstaande opsies is korrek?

Question

As the manager of ABC Retail company you are asked to consider key factor from market environment that may affect performance of your company. Which of the options below would be correct? As die bestuurder van ABC Kleinhandels, word jy gevra om die sleutel faktore van die markomgewing te identifiseer wat moontlik die prestasie van jou maatskappy kan beïnvloed. Watter van die onderstaande opsies is korrek?

A. Company’s goals and objectives / Maatskappy se doelwitte en doelstellings
B. Pricing strategies from other retail companies / Prysstrategieë van ander kleinhandelondernemings
C. Country’s inflation rate / Land se inflasie koers
D. Constant change in level of technology / Voortdurende verandering in vlak van tegnologie

Answer 1

D. Constant change in level of technology / Voortdurende verandering in vlak van tegnologie

This option is correct as advancements in technology can have a significant impact on the retail industry. It can change how customers shop, how products are marketed and sold, as well as how businesses operate internally. Keeping up with technological changes and adopting them in the company's operations can be crucial for maintaining competitiveness and performance in the market.