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The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in...

The country Grupindor recently experienced a drastic increase in inflation. This led to the depreciation in the value of its currency and affected trade and business drastically. In the context of the general environment, this scenario best illustrates the effect of the _____ on organizations.

technological changes in the country

economy of the country

sociocultural aspect of the country

political condition of the country

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Answer #1

economy of the country

This scenario best illustrates the effect of the economy of the country on organisation because due to some economic factors country is facing inflation and leads to depreciation in the value of current.

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