Business pressures on organizations are created when there are changes in:
A)Social factors
B)Economic factors
C)Legal factors
D)Political factors
E)Changes in all of these will create business pressures.

Question

Quizplus · Accepted Answer

All of these factors can create business pressures for organizations. Social factors, such as changing consumer preferences, may require companies to adapt their products or marketing strategies. Economic factors, such as inflation or recession, can impact financial performance and require cost-cutting measures or diversification. Legal factors, such as new regulations or lawsuits, can create compliance and liability issues. Political factors, such as changes in government policies or international relations, can affect trade and investment decisions. Therefore, changes in any or all of these factors can create significant pressure on organizations to adapt and succeed in a dynamic business environment.

Business Pressures on Organizations Are Created When There Are Changes