How businesses may respond to changes in external environment

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Clues

  • If the population in their area decreases they could relocate or open an online store to ensure they can reach lots of customers (10)
  • Invest in protective systems e.g. flood defense during heavy rain (14)
  • Keep up to date with trends and follow them to ensure they attract customers (8, 6)
  • Keep up to date with what competitors are doing and try to create better products/services to attract more customers than their competitors (11)
  • Make sure they are following the laws so they do not get in trouble (4)

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