What is the relationship between macro level factors (such as economic trends or political trends) and strategy?
A)It's good to be aware of these factors, but they don't change your strategy
B)Strategy emerges from these factors
C)Strategy can be strongly affected by these factors, in terms of opportunities and threats
D)Macro level factors affect the industry environment.

Question

Quizplus · Accepted Answer

Macro level factors such as economic and political trends can strongly impact a company's strategy in terms of identifying opportunities and threats in the industry environment. It is important for companies to be aware of these external factors and adjust their strategy accordingly to stay competitive.

What Is the Relationship Between Macro Level Factors (Such as Economic