If a major firm suddenly creates a new product which makes the products of its competitors obsolete, this is an example of a force in which type of environment?
A)general environment
B)economic environment
C)task environment
D)legal environment
E)political environment

Question

Quizplus · Accepted Answer

A major firm creating a new product that makes the products of its competitors obsolete is an example of a force within the task environment, which consists of the specific groups and organizations that affect the firm's ability to achieve its goals. The actions of competitors are a key factor in the task environment.

If a Major Firm Suddenly Creates a New Product Which