They'll go down. When businesses are in competition, the prices usually go up and the product/service quality increases.
Answer:
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The answer would be : Organizational Change
Organizational change refer to a company's transition to move into a more desired future. One of the factors that could determine company's survivebility is the company's capabilities to adapt to changes that happen in the markets. Often time, the company have to adjust is policy in order to fulfill market's demand
In the economic component of the overall environment, factors like the dow jones, currency exchange rates, and interest rate increases are just a few examples.
The diversity of foreign bodies that have an influence on an organization's performance and operation is termed as the general environment, or macro-environment. Other outside factors can decide whether a company confronts market opportunities or setbacks.
What exactly are common environments?
- A strategic analysis method for locating all internal and external variables that may have an impact on a company's success is an environmental analysis.
- The aim is to evaluate both the potential for corporate growth and the level of risk that diverse environmental conditions pose.
- PESTEL is an abbreviation that stands for political, economic, social, technological, environmental, and legal. These six dimensions make up the general environment.
To learn more about General environments, visit:
brainly.com/question/14558098
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