Pria was upset when she heard that another nail salon was opening down

QUESTION

Pria was upset when she heard that another nail salon was opening down the street from hers. She recently took out a loan to upgrade the salon’s furniture and lighting. Pria is responding to what kinds of forces in the business environment?

A) social
B) global
C) competitive
D) technological
E) economic

ANSWER

Answer: C
Explanation: C) Both Pria and the new salon will be competing for the same customers in the local area.