AMA Exam PCM Topic 7 Question 87 Discussion

Actual exam question for AMA's PCM exam

Question #: 87
Topic #: 7

[All PCM Questions]

Which of the following is an integral aspect of the immediate environment that affects a firm?

ATechnological factors

BPolitical factors

CLegal issues

DCompetitors factors

ECultural factors

Show Suggested Answer

Suggested Answer: D

by Laquanda at May 11, 2024, 06:13 PM

Limited Time Offer

25%

Off

Get Premium PCM Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Leota

1 months ago

I'm torn between A) Technological factors and E) Cultural factors. Both can be real game-changers for a firm's business model.

upvoted 0 times

...

Barrie

1 months ago

Haha, I bet the answer is C) Legal issues. Gotta stay on top of all those pesky regulations, am I right?

upvoted 0 times

...

Cecilia

2 months ago

I think D) Competitors factors is the best answer. Understanding your industry rivals is crucial for a firm's competitive strategy.

upvoted 0 times

Trina

13 days ago

I think cultural factors also play a significant role in shaping a firm's immediate environment.

upvoted 0 times

...

Solange

18 days ago

I agree, knowing your competitors can give you a competitive edge.

upvoted 0 times

...

Crista

2 months ago

I'm going with E) Cultural factors. The cultural values and norms of a society can shape consumer preferences and business practices.

upvoted 0 times

...

Shawana

2 months ago

That makes sense, but I still think A) Technological factors play a crucial role in shaping a firm's immediate environment.

upvoted 0 times

...

Percy

2 months ago

I disagree, I believe it's D) Competitors factors because they directly impact a firm's performance.

upvoted 0 times

...

Bulah

2 months ago

Definitely B) Political factors. The political climate can have a huge impact on a firm's operations and decision-making.

upvoted 0 times

Sheridan

15 days ago

Competitors factors are crucial to consider when planning a firm's competitive strategy.

upvoted 0 times

...

Freeman

19 days ago

Legal issues can also have a big impact on a firm's day-to-day operations.

upvoted 0 times

...

Willodean

1 months ago

I think cultural factors also play a significant role in influencing a firm's strategies.

upvoted 0 times

...

Carlee

1 months ago

I agree, political factors can really shape how a firm operates.

upvoted 0 times

...

Shawana

2 months ago

I think the answer is A) Technological factors.

upvoted 0 times

...