BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Macro Environment focuses on political-legal, financial, technological, and economic.
A
True
B
False
Explanation: 

Detailed explanation-1: -Macro Environmental factors Six components of macro environment are Demographic, Economic, Natural, Technological, Political and Cultural environments.

Detailed explanation-2: -Macro environment refers to the general environment that originates outside the organization and affects the business operations indirectly and the businessman has no control over these forces. It includes social environment, political environment etc. ‘

Detailed explanation-3: -The macro environment comprises a range of external factors-demographic, physical, natural, economic, technological, political, legal, and socio-cultural conditions.

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