In which of the external environments changes usually occur most slowly?
A) Cultural and social environment
B) Political and legal environments
C) Resources and objectives of the firm
D) Competitive environment
E) Economic and technological environments

Question

Quizplus · Accepted Answer

Changes in culture and social norms usually occur slowly and over a long period of time, making it the external environment where changes are likely to be the slowest. Political and legal environments, competitive environments, economic and technological environments are all subject to frequent changes and fluctuations. The resources and objectives of the firm can change rapidly depending on internal decisions and market conditions.

In Which of the External Environments Changes Usually Occur Most