Question

Interest rate increases, currency exchange rates, and the dow jones are examples of factors to be considered in which segment of the general environment?

Answer 1

In the economic component of the overall environment, factors like the dow jones, currency exchange rates, and interest rate increases are just a few examples.

The diversity of foreign bodies that have an influence on an organization's performance and operation is termed as the general environment, or macro-environment. Other outside factors can decide whether a company confronts market opportunities or setbacks.

What exactly are common environments?

• A strategic analysis method for locating all internal and external variables that may have an impact on a company's success is an environmental analysis.
• The aim is to evaluate both the potential for corporate growth and the level of risk that diverse environmental conditions pose.

• PESTEL is an abbreviation that stands for political, economic, social, technological, environmental, and legal. These six dimensions make up the general environment.

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