Question on: JAMB Commerce - 2023
The macro-environmental forces and trends which are a constraint on business operations are referred to as
A
internal factors
B
technological factors
C
economic factors
D
external factors
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Correct Option: D
External factors refer to the macro-environmental forces and trends that can impact business operations. These include political, economic, social, technological, environmental, and legal factors that are outside the control of the business and can constrain or influence its operations and strategy.
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