Question

A major competitor of XYZ, Inc. suddenly creates a new type of product that makes XYZ's products obsolete. This is an example of which type of force in the environment?

a) General environment
b) Task environment
c) Economic environment
d) Legal environment
e) Political environment

Answer 1

The major competitor's creation of a new product that makes XYZ's products obsolete is an example of a force in the business's task environment.

Step-by-step explanation:

The type of force described in the question is a factor in the business's task environment. The task environment includes the immediate factors that affect a company's ability to compete, such as competitors and customers. In this case, the major competitor's creation of a new product has made XYZ's products obsolete and directly impacts their ability to compete in the market.