A Company's Broad Macroenvironment Refers to

question 54

Multiple Choice

A company's broad macroenvironment refers to

• A)the industry and competitive arena in which the company operates.
• B)general economic conditions plus the factors driving change in the markets being served.
• C)all the strategically significant forces and factors outside a company's boundaries-general economic conditions,population demographics,societal values and lifestyles,technological factors,and governmental legislation and regulation.
• 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:

Privacy

The right of individuals to keep their personal information out of public view and control the dissemination of that information.

Reclusive

A person or lifestyle characterized by withdrawal from society or preferring solitude and isolation from others.