Question
Which of the following best explains why the business system in Canada is constantly changing? To comply with international laws To reflect society's demands To increase profitability To adapt to technological advancements
Solution
4.2
(240 Votes)
Bryce
Professional ยท Tutor for 6 years
Answer
###B. To reflect society's demands
Explanation
##Step 1: Analyzing the Canadian Business System###Canadian businesses operate within a dynamic environment influenced by various factors, including societal values, technological advancements, and global competition. These factors necessitate continuous adaptation for survival and success.##Step 2: Identifying the Primary Driver of Change###While profitability, international laws, and technological advancements play a role, the most fundamental reason for continuous change in the Canadian business system is the need to meet evolving societal demands. This includes changing consumer preferences, ethical considerations, and social values.#