A thorough environmental analysis includes a macroeconomic analysis.

Question

Quizplus · Accepted Answer

A macroeconomic analysis is an important component of environmental analysis as it helps to identify economic trends and factors that could impact the organization's operations and performance. This includes factors such as inflation rates, employment levels, interest rates, and exchange rates. By understanding these trends, organizations can make informed decisions about their strategies and operations in order to remain competitive and profitable.

A Thorough Environmental Analysis Includes a Macroeconomic Analysis