Lesson eLearning

Which of the following is not a component of the macro environment affecting a business?

easy MCQ 1 mark Class 12 · Business Studies · Business Environment
  1. Demographic factors
  2. Technological factors
  3. Supplier relationships
  4. Economic factors
Answer
Supplier relationships

The correct answer is Supplier relationships — Step 2: Notice that supplier relationships belong to the micro environment, not macro, hence it is the correct choice.

Step-by-step solution

  1. Step 1: Identify the macro environment factors listed in the PESTLE model – political, economic, social, technological, legal and environmental.
  2. Step 2: Notice that supplier relationships belong to the micro environment, not macro, hence it is the correct choice.
Common mistake: Confusing micro and macro environment elements

Concept tested: Macro environment components

Published · How this solution was prepared and checked

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