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:

Midterm Grade

An assessment of a student's academic performance in the middle of an academic term or semester.

Horizontal Axis

In graphical representations, the x-axis, which typically illustrates the independent variable or time scale.

Indifference Curves

Graphical representations used in microeconomics to show different bundles of goods between which a consumer is indifferent, that is, which provide the same level of utility to the consumer.

Consumption Bundle

A mix of various goods and services selected by consumers based on their preferences and budget limitations.