Identify and Describe the Relevant Factors and Forces Comprising the Environmental

question 67

Essay

Identify and describe the relevant factors and forces comprising the environmental context in which a company operates.Which of these factors and forces constitute the company's macro-environment,and which constitute the industry and competitive environment? Explain.

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Definitions:

Financial Crisis

A situation where financial assets suddenly lose a large part of their nominal value, often leading to market crashes and economic downturns.

Velocity

In the context of economics, it refers to the rate at which money circulates or is exchanged in an economy over a specific period of time.

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring the stability of the financial system.

Government Bonds

Debt securities issued by a government to finance its spending, offering a way for investors to lend money to the government in exchange for interest payments.