Theodore and Janice Have Formed TJ Soft, an Entrepreneurial Venture

question 36

Multiple Choice

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers.Theodore has just gotten wind from a highly reliable source that games involving animals and ecosystems are likely to be extremely "hot" in the coming year.Theodore is excited because TJ Soft has two games in development that fit the animal/eco niche perfectly.Which component of the external environment will affect TJ Soft the most in this situation?

• A)the demographic component
• B)the political component
• C)the sociocultural component
• D)the global component

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Definitions:

Trade Deficits

A situation in which a country imports more goods and services than it exports, leading to a negative balance of trade.

King George III

Monarch of Great Britain and Ireland from 1760 until 1820, whose reign included significant events such as the American Revolutionary War and the Napoleonic Wars.

George Grenville

A British politician who served as Prime Minister and is known for implementing policies that contributed to the American Revolution.

British Revenue

Financial income generated by the UK government from taxes, levies, fees, and other sources.