BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following factors does the macro-environment not include?
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political and regulatory factors
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customer needs in a given market
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social and demographic factors
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technological changes
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Explanation:
Detailed explanation-1: -These are Political, Economical, Social, Technological, Legal and Environmental. Hence, competitive forces are not a part of macro environment.
Detailed explanation-2: -Macro Environmental factors Six components of macro environment are Demographic, Economic, Natural, Technological, Political and Cultural environments.
Detailed explanation-3: -In contrast, the macro environment refers to broader factors that can affect a business. Examples of these factors include demographic, ecological, political, economic, socio-cultural, and technological factors.
Detailed explanation-4: -Suppliers is not a part the Macro Environment.
There is 1 question to complete.