Question

During the Great Recession of 2007, Vintichic Fashions suffered a major loss and had to lay off a large number of employees. In this context, Vintichic Fashions was affected by its _____. a. human resource environment b. external environment c. internal environment d. physical work environment

Answer 1

It was the External Enviroment what affected the company.

Step-by-step explanation:

The external enviroment are all those social, political and economic events where a private entity, such as Vintichic Fashions, has no control at all, neither their consequences, wether they're good or bad for said entity. Often times, these consequences lead to make decisions or drastic changes to better endure them.