Question

Macro environment business can be classified into which of the following groups?

• A. Partial environment and general environment
• B. Economic environment and non-economic environment
• C. Static environment and dynamic environment
• D. None of the above

Answer 1

Answer: (B)

Economic environment and non-economic environment

Macro environment of a business can be classified into economic and non-economic environment.

The economic environment of a country includes economic policies, economic activity, macro economic policies etc.

The non-economic environment includes political system, social system, legal framework etc.