5 Questions
Which of the following best describes a macro environment?
The analysis of political, economic, social, technological, legal and environmental factors
What type of changes in the macro environment occur gradually over a period of time?
Changes in digitization in banking
What is the purpose of using a PESTLE framework in analyzing the macro environment?
To assess the impact of political, economic, social, technological, legal, and environmental factors on a business
What are some examples of factors included in the macro environment?
Gross domestic product, inflation, employment, etc.
How do changes in the macro environment impact banks?
They require banks to reconsider the way they operate
Test your knowledge on the macro environment and its application in banking with this quiz. Explore topics such as PESTLE analysis and the impact of digitization on the banking industry.
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