A Steady Decline in Consumer Confidence Would Be an Example

question 90

Multiple Choice

A steady decline in consumer confidence would be an example of which environmental force?

• A) economic
• B) competitive
• C) technological
• D) social
• E) regulatory

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Definitions:

New Passengers

Individuals who are utilizing a transportation service for the first time.

Bus Accidents

Incidents involving a collision or crash of a bus vehicle, leading to damage, injury, or loss of life.

Competitive Benchmarking

A process of comparing a company's products, services, or processes against those of its competitors to identify areas for improvement.

Internal Benchmarking

The process of comparing business processes and performance metrics to the best practices from within the same organization.