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Question : The economic environment includes factors related to:
 

 

 

Option 1: Technological advancements

Option 2: Social attitudes and customs

Option 3: Government policies and regulations

 

Option 4: Overall economic conditions, such as GDP growth and inflation rates


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 16th Jan, 2024

Correct Answer: Overall economic conditions, such as GDP growth and inflation rates


Solution : The correct answer is (D) Overall economic conditions, such as GDP growth and inflation rates

The economic environment includes factors related to overall economic conditions, such as GDP (Gross Domestic Product) growth, inflation rates, employment levels, interest rates, exchange rates, and other economic indicators that can impact business operations and decision-making. While technological advancements, social attitudes, and government policies are important in their own right, they are typically categorized under the technological, social, and political environments, respectively.

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