The Macroenvironment Consists of the Factors Close to the Company

question 101

True/False

The macroenvironment consists of the factors close to the company that affect its ability to serve its customers, such as suppliers, customer markets, competitors, and publics.

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Definitions:

Nonprofit Agency

An organization that operates for the purpose of benefiting the public or a specific group of individuals, without the goal of making profits for owners or stakeholders.

Red Cross

An international humanitarian organization that provides emergency assistance, disaster relief, and education in areas affected by conflict or natural disasters.

Presidential Elections

A democratic process in which citizens of a country vote to elect the President, the head of the executive branch of government.

Neutral

A state or position of impartiality or not favoring any side in a dispute or competition.