_____ environment consists of economic, legal-political, sociocultural, technological, and natural environment conditions.

Question

Quizplus · Accepted Answer

The general environment refers to the overall external factors that affect all businesses, including economic, legal-political, sociocultural, technological, and natural environment conditions. These factors are outside of an organization's control but can have a significant impact on its operations and strategies. The specific environment refers to the unique factors that affect individual businesses, such as customers, suppliers, competitors, and regulatory agencies. The task environment refers to the specific stakeholders that an organization interacts with on a regular basis, including customers, suppliers, employees, and competitors. Therefore, the best answer is choice C, as it accurately describes the general environment.

_____ Environment Consists of Economic, Legal-Political, Sociocultural, Technological, and Natural