A Change in the _____ Environment Can Affect Consumer Purchases

question 110

Multiple Choice

A change in the _____ environment can affect consumer purchases of homes, cars, and other items usually bought on credit.

• A) legal
• B) political
• C) social/cultural
• D) technological
• E) economic

---

Definitions:

Strategy Success

The achievement of predetermined objectives and goals through the effective implementation of a plan.

Performance Determinant

A factor that significantly influences the outcome or level of performance in a task or activity.

Process Reliability

The extent to which a process consistently produces the same results over time, ensuring stability and predictability in its outcomes.

Flexible Leadership Theory

A leadership approach that emphasizes the adaptability and versatility of leaders in responding to changing circumstances and the diverse needs of followers and organizations.