Currency exchange rates are an example of which segment of the general environment? Multiple Choice
demographic
sociocultural
political/legal
economic/global
Answer
Currency exchange rates are an example of economic/global segment of the general environment because it characteristics include inflation, interest rates, and identifying different market segments across the globe and developing strategies so currency exchange rates are important in determining the cash flows of different markets and is a perfect example for economic/ global segment of the general environment.
The demographic segment includes factors such as sex, race, age, etc so currency exchange rates is not an example of a demographic segment
Socio-cultural segment deals with lifestyle,culture, tastes, and beliefs. So currency exchange rates is not an example of demographic segmentation
The political/legal environment consists of factors such as the parties who are powering their policies etc. So currency exchange rates are not an example of demographic segmentation.
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