Population trends, income levels, and competition are conditions that can affect a firm's performance. All of these conditions are aspects of

Question

Quizplus · Accepted Answer

Population trends, income levels, and competition are all external factors that can impact a firm's performance, which are elements of the external environment. The economy and governmental policy may also affect a firm's performance, but they are broader categories that encompass both internal and external factors.

Population Trends, Income Levels, and Competition Are Conditions That Can