Firms use economic analyses to better understand the overall outlook for the economy and how economic changes will impact the firm.

a. True
b. False

Answers

Answer 1

Answer:

True.

Explanation:

It is a true statement.

The firm economic result that is, financial performance depends upon various factors that includes external forces also.

Further, to remain in industry ( or for stable growth ), the firm have to synchronize their activities with the environment.

The question specifies economic environment that relatively impact the firm. So , this statement is true.


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