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Match items of List - I with List - II relating to macro environment of business and indicate the code of correct matching : List -
Question

Match items of List - I with List - II relating to macro environment of business and indicate the code of correct matching :
List - I
List - II
(A) Economic environment
(I) Ethical issues
(B) Political and government environment
(II) Trade and transport policies
(C) Socio - cultural environment
(III) Economic stratification of population
(D) Demographic environment
(IV) Judiciary powers
Codes:
(A) (B) (C) (D)
A.

(II) (IV) (I) (III)

B.

(I) (III) (II) (IV)

C.

(IV) (II) (III) (I)

D.

(III) (I) (IV) (II)

Correct option is A


The macro-environment comprises external factors that influence business operations. Economic environment includes policies governing commerce, such as Trade and transport policies. The Political and government environment involves the legal framework and Judiciary powers. Socio-cultural environment addresses the moral fabric and Ethical issues of society, while the Demographic environment studies population characteristics, including Economic stratification.
INFORMATION BOOSTER
· Macro Environment: Also known as the "General Environment," these are uncontrollable external factors.
· Judiciary: A key political component ensuring the enforcement of business laws.
· Ethics: Socio-cultural values dictate what society deems acceptable business conduct.
· Stratification: Refers to the layering of population based on income, education, or occupation.
· Policy Impact: Trade policies directly affect import-export costs and supply chain logistics.

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