Which of the following would be considered part of a firm's general environment?
A) Decreased entry barriers
B) Increased trade deficit
C) Increased bargaining power of the firm's suppliers
D) Increased competitive intensity

Question

Quizplus · Accepted Answer

Increased trade deficit is considered part of a firm's general environment because it reflects broader economic conditions that can affect all businesses, unlike the other options which are more related to the industry or immediate market conditions.

Which of the Following Would Be Considered Part of a Firm's