The six environmental forces are competitive, economic, political, legal and regulatory, technological, and sociocultural. With which are each of the following most associated? One word per answer.  questions.     Answer                            Questions   A. _____________Prosperity   B. _____________Federal Trade Commission   C. _____________Personal computers that understand human speech

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Economics

The six environmental forces are competitive, economic, political, legal and regulatory, technological, and sociocultural. With which are each of the following most associated? One word per answer.  questions.

 

 

Answer                            Questions

 

A.

_____________Prosperity

 

B.

_____________Federal Trade Commission

 

C.

_____________Personal computers that understand human speech

 

D.

_____________Development and widespread use of cellular phones

 

E.

_____________People’s willingness to spend

 

F.

_____________Contributions to campaign funds

 

G.

_____________A society’s high material standard of living

 

H.

_____________Sherman Antitrust Act

 

I.

_____________Better Business Bureau

 

J.

_____________Consumerism

 

K.

_____________Discretionary income

 

L.

_____________Food and Drug Administration

 

M.

_____________A monopoly

 

N.

_____________Government purchases of goods and services

 

O.

_____________Group of people threatening to boycott the sponsors of a television program                 that they believe contains too much sex and violence

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