Question

SECTION A

QUESTION 1 Multiple-choice questions
1.1 The micro environment includes the components:
A unions and customers
B political and technological environments​

Answer 1

Answer: unions and customers

Step-by-step explanation:

Micro environment simply refers to the nearby environment, where a firm operates. They are the factors in the immediate environment of a firm that affects the decision making of the firm. Examples include customers, competitors, suppliers, unions etc

Macro environment simply means the environment as a whole that affects businesses. They include economic, ecological, demographic, political, technological factors etc.