Global Warming and Energy Consumption Trends Are Aspects of the ______

question 35

Multiple Choice

Global warming and energy consumption trends are aspects of the ______ segment of the general environment that firms should monitor.

• A) technological
• B) physical
• C) sociocultural
• D) economic

---

Definitions:

Milk Production

The process of producing milk, mainly from dairy cows, for human consumption.

Price Elasticity

Quantifying the relationship between price changes and demand response for a product.

Total Expenditures

The sum amount of spending on goods and services by individuals, businesses, or the government within a specific period.

Flash Floods

Rapid flooding of geomorphologic low-lying areas, caused by heavy rain or other sudden water release.