Which of the following environmental factors is the most difficult for owners and managers to forecast, influence, or integrate into business plans?
A) social change
B) political change
C) legal change
D) economic change

Question

Quizplus · Accepted Answer

Social change refers to changes in norms, values, and attitudes of society. These changes are often unpredictable and difficult to forecast, making it challenging for owners and managers to integrate them into their business plans. Additionally, social change can have a significant impact on a business's reputation and customer base, making it essential to respond quickly and appropriately. Political, legal, and economic changes, while challenging, are often more predictable and can be influenced to a certain extent by businesses through lobbying, legal compliance, and strategic planning.

Which of the Following Environmental Factors Is the Most Difficult