A Company's "Macro-Environment" Refers To

question 125

Multiple Choice

A company's "macro-environment" refers to:

• A) the industry and the competitive arena in which the company operates.
• B) general economic conditions plus the factors driving change in the markets where a company operates.
• C) the strategically relevant factors outside a company's industry boundaries-economic conditions,political factors,sociocultural forces,technological factors,environmental factors,and legal/regulatory conditions.
• D) the competitive market environment that exists between a company and its competitors.
• E) the dominant economic features of a company's industry.

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Definitions:

Saltwater Aquarium

An aquarium that mimics an ocean environment, suitable for marine organisms such as fish, corals, and other sea creatures.

Indian Queen

A historical or mythical female ruler from India; not a specific term for a particular individual.

Lakshmi Bai

A prominent figure in the Indian Rebellion of 1857, known for her resistance against British rule.

Jhansi

A historic city in the Indian state of Uttar Pradesh, known for its significant role in the 1857 Indian Rebellion and its association with Rani Lakshmibai.