Question : The macro environment of business includes factors that:
Option 1: Are specific to the organization's internal operations
Option 2: Controlled and managed by the organization
Option 3: Beyond the control of the organization
Option 4: Directly linked to the organization's competitive position
Correct Answer: Beyond the control of the organization
Solution : The correct answer is (C) Beyond the control of the organization
The macro environment of business includes factors that are beyond the control of the organization. These are external factors and conditions that exist in the broader business environment and are typically outside the organization's immediate control. These factors can include economic conditions, political stability, social trends, technological advancements, and other elements that influence the business but are not directly managed by the organization itself.
Question : The macro environment of business includes factors that are:
Option 1: Specific to the organization's internal operations
Option 4: Directly linked to the organization's competitive position oncerns.
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