Question

Which of the following would be considered part of a firm's general environment?

A) decreased entry barriers
B) increased trade deficit
C) increased bargaining power of the firm's suppliers
D) increased competitive intensity

Answer 1

B) increased trade deficit

Step-by-step explanation:

Firm's general environment in a firm can be explained as the external factors that is considered as influence to the firm, these External factors that influence the operation of the firm. These could be ;

✓Political factors

✓Economic situation

✓increased trade deficit

Therefore, Among the given options, only "increased trade deficit" would be

considered part of a firm's general environment.