Question

Consider how the changing retail landscape in your targeted profession will potentially be affected by emerging strategic issues for business _______.

Options:
a) Technological advancements
b) Global economic trends
c) Consumer behavior shifts
d) Regulatory changes

Answer 1

The changing retail landscape in the business profession can potentially be affected by technological advancements, global economic trends, and consumer behavior shifts.

Step-by-step explanation:

The changing retail landscape in the business profession can potentially be affected by technological advancements, global economic trends, and consumer behavior shifts. Technological advancements, such as the development of the internet, have increased competition for local retail businesses by allowing consumers to order goods from anywhere in the world. Global economic trends, such as decreased trade costs and loosening trade restrictions, impact the global market and require countries to collaborate. Consumer behavior shifts, such as changes in preferences and shopping habits, can also significantly impact the retail industry.