An example of the influence of the economic environment is when most people have jobs and therefore a growing company may find it necessary to pay higher wages and offer more benefits in order to attract workers from other companies.

Question

Quizplus · Accepted Answer

In a strong economic environment with low unemployment rates, there is typically a greater demand for workers, which can lead to companies having to offer better compensation packages to attract and retain talent.

An Example of the Influence of the Economic Environment Is