Which of the following is NOT considered to be a factor that affects the industry in which a firm operates?
a. technology
b. credit conditions
c. interest rates
d. regulations
| The factors that affect the industry are political factors, economic factors, social factors, | ||||||||
| technological factors, and legal factors. | ||||||||
| a) technology will come under technological factors. | ||||||||
| b) credit conditions would come under economic factors. | ||||||||
| c) interest rates affects the economy as a whole and not just a particular industry. | ||||||||
| d) regulations will come under legal factors. | ||||||||
| c) interest rates. | ||||||||
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