In Which of the External Environments Changes Usually Occur Most

question 35

Multiple Choice

In which of the external environments changes usually occur most slowly?

• A) Cultural and social environment
• B) Political and legal environments
• C) Resources and objectives of the firm
• D) Competitive environment
• E) Economic and technological environments

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Definitions:

Vision-Impaired

A term used to describe individuals who have limited sight, which cannot be completely corrected with glasses or contact lenses.

Public Transportation

Systems of buses, trains, and other forms of transit that are available to the general public.

Revenue Streams

The various sources from which a business earns money from its products or services, crucial for its financial sustainability.

Business Model

A strategic outline detailing how a company creates, delivers, and captures value, often in an economic, social, or cultural context.