Examine the different environments in which businesses operate, to include social, technological, economic, legal, and market environments.

Unit II Assignment

This assignment allows you to demonstrate the following outcomes:

2. Examine the different environments in which businesses operate, to include social, technological, economic, legal, and market environments.

2.1 Describe how different environments impact a business.

2.2 List the characteristics of different environments as they relate to a business.

Instructions: The purpose of this assignment is to examine the different environments in which businesses operate. Read each set of instructions before completing the three exercises. Then, save all of your work to this template and submit it in Blackboard for grading.

Exercise 1: The table below contains cells where you can insert the elements for each type of environment: (a) the characteristics of the environment as it relates to the business and (b) a description about how the environment impacts the business. For Exercise 1, your answers should focus on the following type of business: a retail business with clothing and other apparel.