Question

Simon and his managers are discussing the unemployment, inflation, and interest-rate trends that might affect their chain of sandwich shops over the next 12 months and the projected growth in the areas where the stores are located. The managers are studying the ______ forces in their organization's general environment.

Answer 1

Answer:

Economic

Explanation:

Economic factors are important because they can affect a company's revenues and profits.  Simon and his manager are discussion economic factors which include inflation, interest rate and inflation. These economic forces are country-specific factors because they are macroeconomic variables. They affect a country and indirectly affect firms and organisations. Managers need to study economic forces in organisations general environment.