BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ENVIRONMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The external macro environment is made up of which elements
A
Socio-cultural
B
Scientific
C
Technological
D
Economic
E
Political
Explanation: 

Detailed explanation-1: -It includes demographics, politics, legislation, economy, technology, ecology, and socio-cultural factors.

Detailed explanation-2: -Political factors in the macro environment include taxation, tariffs, trade agreements, labour regulations, and environmental regulations.

Detailed explanation-3: -Political factors include government policies, leadership, and change; foreign trade policies; internal political issues and trends; tax policy; regulation and de-regulation trends.

Detailed explanation-4: -Forces of Macro-environment: Economic environment. Political environment. Demographic environment. Social-cultural environment.

Detailed explanation-5: -They include, but are not limited to: Political regime and stability. Freedom of the press, rule of law, bureaucracy, corruption. Existing legislation around employment, environment and property protection. Security control.

There is 1 question to complete.