Understanding External Influences on Businesses

Why is it crucial for businesses to be aware of external influences?

• To control these influences

• To respond to changes and ensure survival

• To avoid any opportunities

• To eliminate all threats

How does Amazon utilize AI to enhance its business operations?

• By improving product recommendations through machine learning

• By eliminating the need for customer service

• By creating human-like robots

• By reducing the number of employees

What is one way Amazon is using robotics to improve efficiency?

• By enhancing customer service through drone deliveries

• By increasing delivery times

• By reducing product quality

• By replacing all human workers

How can changes in legislation impact Amazon's operations?

• By increasing product prices

• By affecting operating costs due to wage laws

• By reducing the need for technology

• By eliminating competition

What might Amazon do during a recession to adapt to the economic climate?

• Expand aggressively without strategy

• Introduce more budget-friendly product ranges

• Focus on luxury goods

• Increase prices of all products