Managers will also assess,at the macro level,the political,social,technological,environmental,and legal changes which are occurring.This analysis is commonly referred to as a ________ analysis

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PESTEL analysis is a commonly used tool for analyzing the external factors that affect a business or organization. It stands for Political, Economic, Sociocultural, Technological, Environmental, and Legal factors. This framework is often used by managers to identify potential opportunities and threats that may impact the business. Therefore, PESTEL analysis would be the best choice to assess the macro-level environmental factors.

Managers Will Also Assess,at the Macro Level,the Political,social,technological,environmental,and Legal Changes