Which of these is a macroenvironmental factor?
A) culture
B) corporate partners
C) competition
D) company
E) competencies

Question

Quizplus · Accepted Answer

Culture is a macroenvironmental factor as it refers to the shared values, beliefs, customs, and behaviors of a society or group that can affect the way a business operates.

Answer: B 
 Corporate partners can also be considered a macroenvironmental factor as they are external entities that a business may collaborate with or rely on for resources.

Answer: C 
 Competition is not a macroenvironmental factor but rather a microenvironmental factor as it refers to the specific industry or market a business operates in.

Answer: D 
 Company and competencies are not macroenvironmental factors but rather internal factors that are part of a business's microenvironment.

Which of These Is a Macroenvironmental Factor