The economy is a crucial component of the macroenvironment. Which of the following statements is most true about economic macro effects?
A) The impact of changes in the economy is predictable to competitors.
B) There are complex interconnections among the economies of different countries.
C) Changes in the economy are impossible to quantify.
D) High-level managers have little awareness of economic indicators.
E) The economy has no macro effects on managers.

Question

Quizplus · Accepted Answer

Although most Americans think in terms of the U.S. economy, the economic environment for organizations is much larger, created by complex interconnections among the economies of different countries.

The Economy Is a Crucial Component of the Macroenvironment