The industry regulation component of the specific environment of a company affects all businesses. a. True
b. False

False

Explanation:

There is the general environment and the Specific environment. When there are changes in the general environment be it economic, technological, sociocultural, or political/legal, these affect all companies.

When it come to Specific environment however, this refers to the unique environment that a firm is in and regulation here will not affect all businesses, just those in this specific environment.

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