Question : The macro environment of business includes factors that are:
Option 1: 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
oncerns.
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 factors typically encompass external influences and forces that affect the business but are not within the organization's direct control. This may include factors like economic conditions, political and legal regulations, social and cultural trends, technological advancements, and environmental c