Which of the following factors is part of the microenvironment?
A)natural environment
B)cultural shifts
C)technological trends
D)competitors
E)political trends

Question

Quizplus · Accepted Answer

Competitors are part of the microenvironment, as they are entities that directly affect the company's operations and performance in the market. The natural environment, cultural shifts, technological trends, and political trends may affect the company indirectly or may be part of the macroenvironment.

Which of the Following Factors Is Part of the Microenvironment