The Economy Is a Crucial Component of the Macroenvironment

question 138

Multiple Choice

The economy is a crucial component of the macroenvironment. Which of the following statements is most true about economic macro effects?

• A) The impact of changes in the economy is predictable to competitors.
• B) There are complex interconnections among the economies of different countries.
• C) Changes in the economy are impossible to quantify.
• D) High-level managers have little awareness of economic indicators.
• E) The economy has no macro effects on managers.

---

Definitions:

DNA

Deoxyribonucleic acid, a molecule that carries the genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms.

Atmospheric Oxygen

The oxygen gas (O2) present in the Earth's atmosphere, essential for the respiratory processes of most living organisms.

Photosynthesizing Bacteria

Microorganisms that convert light energy into chemical energy through the process of photosynthesis.

Terrestrial Plants

Plants that grow on land, as opposed to aquatic (water-based) or epiphytic (growing on other plants) plants.