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tatuchka [14]
3 years ago
9

Which of the following is NOT an example that falls within the four major categories of business environment factors for today's

organizations?
a. globalization
b. increased pool of customers
c. fewer government regulations
d. increased competition
Business
1 answer:
oksano4ka [1.4K]3 years ago
5 0

Answer:

c. fewer government regulations

Explanation:

  • All except the fewer government regulations on the trade of the companies that affect the today's business environment and the word organization. The globalization and the increased play a major role in the collection of the internal and the external factors the customer needs and the expectations that affect the firm's price availability.
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In the case of the lettuce, we can say that the price is elastic, because there is a sensitive reaction between an increase in price from $1 to $2 which immediately leads to a halfing of the quantity demanded. The price is elastic such that an increase in price leads to a decrease in quantity demanded.

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