Which of the following factors is an economic component of an organization's external environment?
A) family composition
B) education level
C) disposable income
D) geographic location

Question

Quizplus · Accepted Answer

Disposable income is a factor that directly impacts an organization's economic environment as it affects consumers' purchasing power, which in turn affects the organization's revenue and profitability. The other options, family composition, education level, and geographic location, do not directly relate to the economic environment of an organization.

Which of the Following Factors Is an Economic Component of an Organization's