Acme Global Corporation had to put its plans to build a new plant on hold when interest rates went up and the organization was not able to borrow enough money to build the plant.This represents the influence of _______ in the external environment on the organization.
A)shareholders
B)society
C)the economy
D)competition

Question

Quizplus · Accepted Answer

The rise in interest rates is a macroeconomic factor that directly affects the ability of Acme Global Corporation to secure the necessary funds to build the new plant. Therefore, it represents the influence of the economy in the external environment on the organization.

Acme Global Corporation Had to Put Its Plans to Build