Question

n Asia, consumers have historically had an aversion to debt. However, in recent years credit card use has grown significantly, supported by aggressive marketing to promote growth in the region. This example comprises the _____ dimension of an organization’s general environment.

Answer 1

economic

Step-by-step explanation:

The economic environment of an organization refers to the economic situation of a country or region, consumers' income level, government policies, the inflation rate, etc. Asian consumers generally save a lot of money, their marginal propensity to save is very high, and even though they have the largest banks in the world, normal customers prefer saving than borrowing money. If the general attitude towards credit starts to change, the whole economic environment will change.