What Is Included in a Firm's Macroenvironment

question 36

Multiple Choice

What is included in a firm's macroenvironment?

• A)culture
• B)competitors
• C)geographic location
• D)corporate partners
• E)company capabilities

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Definitions:

Medium-Range Wireless Networks

Wireless networks designed to cover areas larger than short-range networks like Bluetooth but not as extensive as long-range networks, typically used in local area networks (LANs).

LAN

Denotes a network technology designed for connecting computers within a localized setting, such as an office or home, facilitating communication and resource sharing.

MAN

Metropolitan Area Network, a network that covers a larger geographical area than a LAN but smaller than a WAN, often used to connect multiple LANs within a city or metropolitan area.

PAN

stands for Personal Area Network, which is a network for interconnecting devices centered around an individual person's workspace, including computers, phones, and other personal devices.