Which of the following best demonstrates the interrelationships among different segments of the general environment?
A) A new technology results in the development of a substitute product for your firm's product.
B) Government deregulation results in different firms being able to offer the same product as your firm.
C) The recession results in several of your competitors cutting prices and intensifying rivalry.
D) Increased concern for the environment results in legislation that impacts your current packaging.

Question

Quizplus · Accepted Answer

Increased concern for the environment leading to legislation that impacts packaging demonstrates the interrelationship between societal values (sociocultural segment) and the legal/political segment of the general environment. This shows how changes in societal attitudes can lead to legal changes that directly affect business operations.

Which of the Following Best Demonstrates the Interrelationships Among Different