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The nurse caring for a patient with crushing injuries from an automobile accident is horrified to find the patient bleeding profusely from the nose,mouth,and rectum,as well as from the injuries.The nurse assesses this emergency situation as:
Economic Conditions
The state of the economy at a certain time, characterized by factors such as GDP, unemployment rates, and inflation levels.
Open Market
A system where goods, services, and financial instruments are traded freely without restrictions, based on supply and demand forces.
Foreign Competitors
Companies based in one country that compete with those in another country, often affecting market share, pricing strategies, and innovation efforts.
External Environment
The external forces that affect an organization's performance, including economic, technological, socio-cultural, and political factors.
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