Canadian businesses operates in a complex and uncertain business environment. Businesses understands the nature of uncertainties and complexities and the impact of the external environment.

Small businesses recognize the importance of engaging with and supporting their local communities. Understanding local issues of social importance and helping to address them is the responsiblilty of everyone, therefore local businesses do that , earn the reputation as good business citizens and enjoy certain benefits.

1. Why do companies need to be aware of uncertainty and complexity in the business environment? (0.5 Mark)
2. How do successful businesses respond to the changing business environment. (1.5)
3. Discuss some strategies that small business can use when engaging in social responsibility initiatives. (1 Marks)