Which of the following is an example of a key force in a firm's broader, less immediate environment?
A)Stockholders
B)Regulations
C)Shipping firms
D)Economic trends

Question

Quizplus · Accepted Answer

Economic trends refer to the broader, less immediate environment of a firm. They are external forces that impact a business's operations, such as inflation rates, unemployment rates, and GDP. These economic trends influence consumer behavior, demand for products or services, and ultimately affect a firm's growth and profitability. Stockholders, regulations, and shipping firms all fall under a firm's immediate environment, which includes suppliers, customers, and competitors.

Which of the Following Is an Example of a Key