Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling football memorabilia outside of the hometown stadium. Their first year went well, but the past two years have been a real struggle. Due to poor economic conditions including loss of jobs, ticket sales at the stadium are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris that: A. this type of business is always high risk because it is seasonal B. this business does not fill a sufficient need for most people C. environmental circumstances are dynamic and tough to control D. social enterpreneurs are currently getting most of the attention

Question

Business

Harold Zhang

1 December, 19:22

Ben and Chris combined their love of football with a business venture. They purchased a small portable cart and began selling football memorabilia outside of the hometown stadium. Their first year went well, but the past two years have been a real struggle. Due to poor economic conditions including loss of jobs, ticket sales at the stadium are down, which has significantly hurt their sales as well. As a recent business school graduate, you explain to Ben and Chris that: A. this type of business is always high risk because it is seasonal B. this business does not fill a sufficient need for most people C. environmental circumstances are dynamic and tough to control D. social enterpreneurs are currently getting most of the attention

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Mckayla Chandler · Answer 1

Answer: Option C

Explanation: Environmental circumstances refers to the threats and opportunities that arise from political and economical unstability. These are highly fluctuating factors and can affect the business highly.

In the given case, the business of Ben and Chris slowed down due to the economic breakdown in the country. These factors are inescapable and affect all the businesses in the economy.

Thus, from the above we can conclude that the correct option is C.