Theodore and Janice Have Formed TJ Soft, an Entrepreneurial Venture

Multiple Choice

Theodore and Janice have formed TJ Soft, an entrepreneurial venture to develop games and other kinds of software for consumers.Theodore has just read an article that says that the low interest rates that currently prevail are likely to end in the coming months.Theodore thinks that TJ Soft may need to apply for a loan now to avoid high costs later.Which component of the external environment will affect TJ Soft the most in this situation?

A) the global component
B) the sociocultural component
C) the economic component
D) the technological component