BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Components of MACRO Environment
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Intermediaries
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Political
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Demographics
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Competitors
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Exchange Rate
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Explanation:
Detailed explanation-1: -Although there are various approaches to complete an analysis of the macro environment forces affecting your business, I will focus on seven (7) distinct forces: competitive, cultural, demographic, economic, natural/physical, political, and technological.
Detailed explanation-2: -Six components of macro environment are Demographic, Economic, Natural, Technological, Political and Cultural environments.
Detailed explanation-3: -The macro-environment comprises a range of external factors-demographic, physical, natural, economic, technological, political, legal, and socio-cultural conditions.
There is 1 question to complete.