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Which of the following represents an economic factor in a firm's external general environment?

a) Technological advancements
b) Social trends
c) Government regulations
d) Exchange rates

User Gerry Coll
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1 Answer

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Final answer:

Exchange rates represent an economic factor in a firm's external general environment.

Step-by-step explanation:

The economic factor in a firm's external general environment is represented by d) Exchange rates. Exchange rates refer to the value of one currency compared to another, and they can greatly impact a firm's international trade and competitiveness. When exchange rates fluctuate, it affects the cost of importing and exporting goods, making it either more expensive or cheaper for a firm to conduct business with other countries.

User Eugene
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