Question : Which environment includes factors that directly affect the day-to-day operations of an organization?
Option 1: Internal environment
Option 2: Macro environment
Option 3: Micro environment
Option 4: Competitive environment
Correct Answer: Micro environment
Solution : Answer: C) Microenvironment
The micro environment includes factors that directly affect the day-to-day operations of an organization. It consists of factors that are close to the organization, such as customers, suppliers, competitors, and other stakeholders with whom the organization interacts regularly. These factors have a more immediate and direct impact on the organization's daily operations compared to the broader macro environment or internal environment.
Question : Which environment includes factors that directly affect the day-to-day operations of an organization
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile