In an Organization's General Environment, Inflation Is an Example of A(n)

question 96

Multiple Choice

In an organization's general environment, inflation is an example of a(n) ________ force.

• A) sociocultural
• B) economic
• C) demographic
• D) political

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Definitions:

Enforce

To compel adherence to a law, rule, or agreement through the use of authority or power.

Exchanged Promise

An agreement where two parties make reciprocal promises to perform certain actions or obligations.

Consideration

Consideration is something of value exchanged between parties in a contract that makes the agreement legally binding.

Ethical Obligation

A moral responsibility to act in accordance with ethical principles.