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Questions and Answers
Which of the following best describes the macro-environment?
Which of the following best describes the macro-environment?
- Factors that have no impact on businesses
- Factors that impact multiple organisations, industries, and sectors (correct)
- Factors that impact only agriculture
- Factors that impact only one industry or sector
What is one of the objectives of attending the lecture?
What is one of the objectives of attending the lecture?
- To construct alternative scenarios in order to address possible environmental changes (correct)
- To evaluate different approaches to environmental forecasting
- To analyze the broad macro-environment of organizations in terms of PESTEL
- To analyze the impact of Megatrends on businesses
What are some examples of macro-environmental factors mentioned in the text?
What are some examples of macro-environmental factors mentioned in the text?
- Technological advancements, political stability, population growth
- Inflation, interest rates, taxation
- Competition, market demand, customer preferences
- Internet, economic growth rates, climate change, aging populations (correct)
What can be considered as the broader impact of macro-environmental factors?
What can be considered as the broader impact of macro-environmental factors?
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Which of the following is NOT mentioned as a potential impact of macro-environmental factors?
Which of the following is NOT mentioned as a potential impact of macro-environmental factors?
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