Question

QUESTION 1 The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value of its currency and affected trade and business drastically. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations. a. sociocultural aspect of the country b. political condition of the country c. technological changes in the country d. economy of the country

Answer 1

Answer:

Option d (economy of the country) is the appropriate answer.

Explanation:

• Along with many other things, the economy of such a given country is regulated by its society, rules, history, as well as geography, and then it develops out of requirement.
• This example better shows the operational effects of the country's economy although inflation continues threatening the position due to certain external causes and leading to a decrease in present value.

Some other options offered aren't relevant to the situation described. For the aforementioned to be the right answer.