Which of the Following Dimensions of a Business Environment Is

question 37

Multiple Choice

Which of the following dimensions of a business environment is specifically highlighted when stock markets lose a major portion of their value and when huge, venerable institutions collapse financially?

• A) The social environment
• B) The technological environment
• C) The cultural environment
• D) The economic environment

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Definitions:

Strategic Business Insights

Analytical information and perspectives that provide depth understanding of business environments to aid strategic planning and decision-making.

Psychographic Segmentation

A method of segmenting customers based on how they spend their time and money, what activities they pursue, and their attitudes and opinions about the world in which they live.

NASCAR

The National Association for Stock Car Auto Racing, a company that organizes and oversees numerous auto racing events.

Marketing Efforts

Initiatives and activities undertaken by a company to promote its products or services.