Culture, demographics, social issues, technological advances, economic situations, and the political/regulatory environment are all factors that make up which of the following frameworks of analysis?Multiple Choiceeconomic factorsenvironmental factorsimmediate environmentintermediate environmentmacroenvironmental factors
Question
Culture, demographics, social issues, technological advances, economic situations, and the political/regulatory environment are all factors that make up which of the following frameworks of analysis?Multiple Choiceeconomic factorsenvironmental factorsimmediate environmentintermediate environmentmacroenvironmental factors
Solution
The factors you mentioned - culture, demographics, social issues, technological advances, economic situations, and the political/regulatory environment - are all part of the macroenvironmental factors framework of analysis. This framework is used to analyze the broader context in which a business operates.
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