The macro-environmental forces and trends which are a constraint on business operations are referred to as
Question 1 Report
The macro-environmental forces and trends which are a constraint on business operations are referred to as
Answer Details
The macro-environmental forces of a business are made up of economic factors, demographic forces, technological factors, natural and physical forces, political and legal forces, and social and cultural forces.
The economic factors may include costs such as wages, interest rates, governmental activity, laws, policies, and tax rates. It posed as a constraint to the business environment because it is beyond the control of the business.
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