Imagine you own a USED BOOKSTORE?

Question

Environmentla factors such as competition, politics, laws, ecomomics, social practices, and local culture can all have an important impact upon business success. During the next 5 years, which do you think will have the most important impact on your used bookstore business?

Answer 1

economics....

If times get tough people don't go to Barnes and Nobles. They go to the library and to your used bookstore.

Answer 2

It depends on where you live, just look around are there a lot of bookstores? If yes competition. Is your town changing alot? Local culture. This is a fun assignment and you should pretend you are opening a used bookstore, so you get the full context of the course.

Answer 3

Social practices and local culture.

Answer 4

The Internet.

If you can download books and movies for free, why would people buy them from you?

Answer 5

competition will have a negative impact. social practices would have a positive impact.