Joyce works for a restaurant chain. She is researching the environment in which her company operates. Her research reveals a decline in consumer perception of quality of life. In other words people think that their lives today are not as good as they once were This is best described as a change in which business environment? The competitive einer The sociocultural moment The economic environment The income tent As discussed in class, which of the following is not usually found in a list of business stakeholders suppliers customers bankers media competitors Select all of the statements below that are true of environmental scanning: Environmental scanning can identity opportunities and threats that may influence a business current and future plans Environmental scanning is a tool employed in agriculture to determine the value of the land as a factor of production Environmental scanning should involve an examination of the competitive environment. Which of the following is the most accurate statement about the impact of business on society? Businesses can often improve the quality of life, but can do fete to improve the standard of living of most people Businesses can have a positive impact on both the standard of living and the quality of life within a society Businesses can often improve the PESTLE environments, but have este impact on society When businesses cam a profit for their owners they usually do so at the expense of the rest of society, which proves that business never produces a win-win situation