FOOD PACKAGING
TYPES OF FOOD PACKAGING MATERIALS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Macro environment is also known as-general environment or remote environment. 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.
Detailed explanation-2: -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-3: -DEPEST refers to the six broad factors affecting the macroeconomy – Demographic, Ecological, Political, Economic, Socio-cultural, and Technological.
Detailed explanation-4: -Macro environment refers to the major external and uncontrollable factors that influence the decision making of an organization.