Question

Any change in the areas of macro environment at likely to have _________ on their operation.

• A. no impact
• B. little impact
• C. far reaching impact
• D. none of the above

Answer 1

The correct option is C far reaching impact

Any change in the areas of macro environment at likely to have far reaching impact on their operation. Macro environment is also known as general environment. This environment has a bearing on the strategies adopted by the firms.