You are preparing to address your stockholders at the company's annual meeting. Your topic is "The Changing Business Environment." Share with classmates at least two changes that you would talk about with your stockholders. Explain your answer fully and incorporate material from your readings to help support your answer.
Thank you for the opportunity to help you with your question!
The business environment changes along with the wave of the market that a company is in. There are two things that could be discussed with the stockholders when it comes to the changing business environment. The first change that I would discuss with the stockholders is the changing target market. As your company grows you can widen the scope of your product based on the idea of supply and demand for your products and services.
Another change that could be discussed with your stockholders would be the ways that your products and services could be delivered to your customers. With the introduction of the internet technology and social media a company could decide to improve the speed in production with use of the internet when a customer orders a product or the way the products are delivered. Anytime you are changing business environments you have to always think of the needs and wants of your customers.
Please let me know if you need any clarification. I'm always happy to answer your questions.
Sep 22nd, 2015
Here is is a question, why do you think the idea of supply and demand for a product or service would have to be considered in order to meet the needs of a changing business environment?
Sep 22nd, 2015
Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.