Which of the following is not an example of an economic macro-environmental forc

Question

Which of the following is not an example of an economic macro-environmental force? a. the Australian dollar rising in value b. a fall in demand for commodities such as coal and iron ore due to the global financial crisis c. the level of consumer spending decreasing d. a rise in interest rates e. All of the options listed are economic macro-environmental forces Which of the following is not an example of an economic macro-environmental force? a. the Australian dollar rising in value b. a fall in demand for commodities such as coal and iron ore due to the global financial crisis c. the level of consumer spending decreasing d. a rise in interest rates e. All of the options listed are economic macro-environmental forces Which of the following is not an example of an economic macro-environmental force? a. the Australian dollar rising in value b. a fall in demand for commodities such as coal and iron ore due to the global financial crisis c. the level of consumer spending decreasing d. a rise in interest rates e. All of the options listed are economic macro-environmental forces

Explanation / Answer

The correct answer id E. All the options are economic macro environmental forces.

Rise and fall in currency values are external factors and also economic factor for any business. A global financial crisis is also an economic macro environmental factor. The level of consumer spending is a key component of economy and it's decrease is an external factor that cannot be controlled by a single organization. A rise in interest rate is usually driven by the central banks of a country for economic reasons and makes it an external factor too.

That is why, all the reasons mentioned are all external factors (not within company's control) and economic factors too.

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