What term describes the overall economic conditions that influence business operations?

Practice Questions

1 question
Q1
What term describes the overall economic conditions that influence business operations?
  1. Microenvironment
  2. Macroenvironment
  3. Internal Environment
  4. Competitive Environment

Questions & Step-by-step Solutions

1 item
Q
Q: What term describes the overall economic conditions that influence business operations?
Solution: The macroenvironment refers to the broader economic conditions affecting all businesses.
Steps: 0

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