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

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.

answer; specific performance;

answer; it can vividly demonstrate product attributes and persuasively explain their corresponding consumer benefits;