Question

Economic factors in decision making fall under the category of __________. A. External factors B. Internal factors C. Decision impacts D. Consequence types Please select the best answer from the choices provided. A B C D

Answer 1

your answer is A.EXTERNAL FACTORS

Answer 2

Answer:

A. External factors

Explanation:

External factors are due to the environment, which involves organizational characteristics such as reward and punishment systems, social factors, organizational policies, economic and so on.

There are too many variables when it comes to external factors that influence people's behavior and decision-making in organizations: housing, transportation, health, food and safety are some of the factors that make up environmental conditions. As an example, we can cite economic factors, which behave as external factors in decision making.