Which of the Following Environmental Factors Include Spending Patterns by Consumers,businesses,and

question 15

Multiple Choice

Which of the following environmental factors include spending patterns by consumers,businesses,and governments?

• A) competitive
• B) economic
• C) political-legal
• D) sociocultural

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Definitions:

Organizational Level

Pertains to the hierarchical layer or tier within an organization, affecting structure and decision-making.

State Of Ferment

A period of unrest or disorder, often characterized by change and uncertainty.

Stasis

A state of stability or equilibrium where there is no movement, progression, or change, often used to describe situations where progress seems halted.

Inertia

Inertia is the resistance of any physical object to any change in its state of motion, including changes to its speed and direction.