Answer :
Technological power forms a decisive force in the macroenvironment. They refer to factors that create new technologies and thereby new product and market opportunities or threats.
Obvious technology developments include wireless communications and business technology, smartphone applications, and more.
Macroenvironment refers to the set of conditions that exist across the economy rather than specific sectors or regions. The macro environment generally includes trends in Gross Domestic Product (GDP), inflation, employment, spending, and monetary and fiscal policy. The macro environment is closely related to the overall business cycle rather than the performance of specific corporate divisions.
The macro environment refers to the general state of the economy rather than specific markets.
The macro environment can be affected by GDP, fiscal policy, monetary policy, inflation, employment rate and private consumption.
The state of the macro environment influences business decisions related to spending, borrowing and investing.
Macro environment refers to how the macro economic conditions in which a company or industry operates affect its performance. Macroeconomics deals with overall production, spending, and price levels in an economy, as opposed to individual industries or markets.
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