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 eliminate all threats

• To ignore opportunities

How does Amazon utilize AI to enhance its business operations?

• By ignoring technological advancements

• By reducing the number of employees

• By improving product recommendations through machine learning

• By creating human-like robots

What is a potential consequence for Amazon if it fails to comply with employment laws?

• Facing fines or criminal charges

• Expansion into new markets

• Increased profits

• Improved employee satisfaction

How might Amazon adjust its strategy during a recession?

• Expand its workforce

• Focus on luxury goods

• Introduce more budget-friendly options

• Increase prices of all products

What economic factor indicates a healthy economy for businesses?

• Low levels of unemployment

• Low levels of consumer spending

• High levels of unemployment

• High inflation rates