Deregulation and privatization are examples of the importance of considering governmental changes on business strategy and is an example of what type of change?
A)Organizational changes
B)Socioeconomic changes
C)Political changes
D)A & B

Question

Quizplus · Accepted Answer

Deregulation and privatization are examples of political changes, as they involve the government changing its regulations and ownership policies. This can greatly impact business strategy, as it may open up new markets or change the competitive landscape. Organizational and socioeconomic changes may also be important to consider, but are not directly related to the government's actions. A & B is not the best answer, as it includes organizational changes which may not be relevant in this context.

Deregulation and Privatization Are Examples of the Importance of Considering