The Macro Environment (Grade 10 NSC Matric Business Studies): Flashcards
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Macro environment
Macro environment
External factors affecting business that can't be controlled
PESTLE acronym stands for
PESTLE acronym stands for
Political, Economic, Social, Technological, Legal, Environmental
Number of macro environment components
Number of macro environment components
Ten
Inflation definition
Inflation definition
General increase in prices reducing purchasing power of money
Exchange rate definition
Exchange rate definition
Value of one currency compared to another currency
Sustainability meaning
Sustainability meaning
Using resources without harming environment for future
Multinational corporations
Multinational corporations
Large companies operating in multiple countries worldwide
Fastest changing macro environment component
Fastest changing macro environment component
Technological environment
SA's official languages count
SA's official languages count
Eleven
Social environment includes
Social environment includes
Cultural and demographic environment