64.4k views
1 vote
Political and legal forces, economic climate, and competition are some of the controllable factors in which environment?

1) Domestic environment
2) International environment
3) Social environment
4) Technological environment

User Lylo
by
8.4k points

1 Answer

1 vote

Final answer:

Political and legal forces, economic climate, and competition are controllable factors in the domestic environment. These factors are more predictable and manageable within a company's home country, and companies can influence or adapt to these conditions to some extent.

Step-by-step explanation:

Political and legal forces, economic climate, and competition are controllable factors within the domestic environment. When analyzing business environments, these factors are aspects that an organization can exercise a degree of control over or at least predict to some extent in their home country. For instance, businesses often have influence over political factors at the domestic level through lobbying and advocacy, and they operate under a known legal system where they can anticipate how laws and regulations might affect their operations.

The economic climate, including factors like consumer spending habits and the state of the national economy, is another controllable factor to some extent since businesses can adapt their strategies to changes in the domestic market. Finally, competition is inherent in the domestic environment, and companies can enact strategies to compete effectively with others in their market.

It's important to note that while these factors can be influenced, they are not always fully under the control of an organization. They are simply more predictable and manageable compared to the often volatile and unpredictable factors in the international environment.

User Weedoze
by
7.7k points