Which of the Following Trends Identified in an Environmental Scan

question 3

Multiple Choice

Which of the following trends identified in an environmental scan is an economic trend?

• A)The U.S.,Japan,China,and the E.U.countries will increase investments in sustainable living infrastructure.
• B)Digital TVs,tablet devices,and smartphones will become increasingly connected.
• C)Partnerships,collaborations,and co-creation of value will become important dimensions of business rivalry.
• D)Health consciousness will lead to more public and private smoke-free area legislation.
• E)Global media consumption (online and social)will continue to grow dramatically.

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Definitions:

Economic Thought

A branch of economics that studies the evolution of economic ideas and theories over time.

Keynesians

An economic theory that advocates for active government intervention in the marketplace and monetary policy to manage demand and smooth out cycles of boom and bust.

Monetarists

Economists who believe that variations in the money supply are the main source of economic fluctuations.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in GDP, real income, employment, industrial production, and wholesale-retail sales.