Customers,suppliers and substitutes are part of the _____ environment.
A) political
B) technological
C) demographic
D) competitive

Question

Quizplus · Accepted Answer

Customers, suppliers, and substitutes are all factors that can impact and shape the competitive environment of a business. Political factors refer to government policies and regulations, technological factors refer to advancements in technology, and demographic factors refer to characteristics of the population like age, gender, and income.

Customers,suppliers and Substitutes Are Part of the _____ Environment