7) A company's "macro-environment" refers to...:

A. the industry and the competitive arena in which the company operates.

B. general economic conditions plus the factors driving change in the markets where a company operates.

C. the strategically relevant factors outside a company's industry boundarieseconomic conditions, political factors, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions.

D. the competitive market environment that exists between a company and its competitors.

E. the dominant economic features of a company's industry.