A firm that is unable to obtain financing to manufacture new products is likely encountering negative pressures from:
A) the competitive environment.
B) the technological environment.
C) the economic environment.
D) the political/legal environment.
E) the cultural/social environment.

Question

Quizplus · Accepted Answer

A firm's inability to obtain financing for new products is a reflection of the economic environment, which includes factors such as interest rates, inflation, and access to credit. The competitive, technological, political/legal, and cultural/social environments may also impact a firm's operations, but they are not directly related to its ability to obtain financing.

A Firm That Is Unable to Obtain Financing to Manufacture