Acme Global had to put its plans to build a new plant on hold when interest rates went up and the organization was not able to borrow enough money to build the plant.This represents the influence of ______ in the external environment on the organization.
A) shareholders
B) society
C) the economy
D) competition

Question

Quizplus · Accepted Answer

The increase in interest rates and the inability to borrow enough money for building the plant indicates the influence of the economy, specifically the interest rate fluctuations, on the organization.

Acme Global Had to Put Its Plans to Build a New