Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A company is concerned that ongoing government stimulus money paid to citizens of a country had led to inflation and inflation could lead to increases

A company is concerned that ongoing government stimulus money paid to citizens of a country had led to inflation and inflation could lead to increases in costs of goods which could hurt their profit margins. What PESTEL dimension would this observation most closely relate to?

Group of answer choices

Sociocultural

Legal

Economic

Environmental

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Effective Document And Data Management Unlocking Corporate Content

Authors: Bob Wiggins

3rd Edition

1317145593, 9781317145592

More Books

Students also viewed these General Management questions