The three key groups in the economic environment are:
A) government, regulators, and business.
B) government, consultants, and business.
C) consumers, economists, and business.
D) consumers, business, and managers.
E) government, consumers, and business.

Question

Quizplus · Accepted Answer

The three key groups in the economic environment are government, consumers, and business. Government policies and regulations have a significant impact on the economic environment, while consumers and their purchasing habits drive demand for goods and services. Businesses must navigate the influence of both groups in order to succeed in the economy. Consultants and economists may also play a role, but they are not identified as one of the three key groups.

The Three Key Groups in the Economic Environment Are