Which of the Following Would Be Considered Part of a Firm's

question 60

Multiple Choice

Which of the following would be considered part of a firm's general environment?

• A) Decreased entry barriers
• B) Increased trade deficit
• C) Increased bargaining power of the firm's suppliers
• D) Increased competitive intensity

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Definitions:

Fiscal Stimulus Package

Government measures, usually involving increased public spending and tax cuts, aimed at boosting economic activity during a downturn.

Federal Government

A system of government in which powers and responsibilities are divided between a national government and state or provincial governments.

Surplus Federal Budget

A situation where the federal government's revenues exceed its expenditures within a given fiscal period.

National Saving

The total saving of a country, composed of the savings accumulated by both the private sector and the government, available for investment.