The three key groups in the economic environment are
A)government, regulation, and business.
B)government, consultants, and business.
C)consumers, economists, and business.
D)consumers, business, and managers.
E)government, consumers, and business.

Question

Quizplus · Accepted Answer

The economic environment consists of the interactions between government, consumers, and business. Government policies and regulations often impact businesses and their interactions with consumers. Consumer behavior and preferences also play a significant role in shaping the economy, as businesses respond to consumer demand and adjust their strategies accordingly. Therefore, E is the best choice that accurately reflects the key groups in the economic environment.

The Three Key Groups in the Economic Environment Are