Since the increase in the unemployment level in a small Atlantic Canadian town, retailers have noticed that sales have decreased. The retailers are being affected by which element of the external environment?
A) Socio-cultural
B) Economic
C) Environmental
D) Global
E) Political-legal

Question

Quizplus · Accepted Answer

The decrease in sales for retailers is directly related to the economic factor of increased unemployment. As a result, the best choice is B - Economic.

Since the Increase in the Unemployment Level in a Small