The ________ Environment Includes Factors That Relate to the Nature

question 81

Multiple Choice

The ________ environment includes factors that relate to the nature, quantity, and potential actions of a company's competitors.

• A) cultural
• B) economic
• C) legal
• D) political
• E) competitive

---

Definitions:

General Public

The larger community of people in society who are not segmented by any specific interest or profession; the broad population.

Profit Responsibility

The obligation of an organization or individual to achieve financial gain while considering ethical and social impacts.

Owners

Individuals or entities that legally possess an item, property, or business, holding the rights to control, use, and dispose of it.

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership stakes and sometimes the right to vote on corporate matters.