The global environment:
A) is a new frontier.
B) is far reaching and affects all the other business environments.
C) is shrinking.
D) has not affected the United States due to its strong gross domestic product.

Question

Quizplus · Accepted Answer

The global environment is far reaching and affects all the other business environments, as businesses have to consider factors such as international trade, global economic conditions, and cultural differences. It is not a new frontier, as globalization has been occurring for decades. The global environment is also not shrinking, as technological advancements have made it easier for businesses to connect with other countries. Lastly, the United States is not immune to the effects of the global environment, as it is a major player in the global economy and is greatly affected by global economic conditions.

The Global Environment