Your Town's Local Hardware Store Has Served the Community for Over

Multiple Choice

Your town's local hardware store has served the community for over 70 years. However, business has been way down ever since two big box hardware stores opened less than 10 minutes away. This local hardware store is looking to cut costs and increase marketing efforts as a response to which type of changing factors in the business environment?

A) environmental
B) economic
C) marketing
D) competitive