Question

Business firms, especially those involved in foreign trade are affected by _______ environment *
Psychographic Environment
Political Environment
International Environment
Demographic Environment

Answer 1

Answer:

Political environment and international environment

Answer 2

Answer:

Explanation:

Factors Affecting Business Environment:

Political and Legal Environment:

Economic Environment:

Socio-Cultural and Demographic Environment:

Technological Environment:

Economic Environment:

Political Environment:

Foreign environment means the factors and forces operating in a foreign country or countries with whom a firm in domestic economy wants to have international business. Foreign environment consists of the following: ... Political environment, Socio-cultural environment, Economic and Financial environment.