A company's macro environment refers to

Group of answer choices

the immediate industry and competitive conditions with which it must contend.

the global economic and competitive situation in which the company does business.

all the relevant forces and factors outside a company$$s boundaries$$the economy at large, population demographics, societal values and lifestyles, technological factors, governmental legislation and regulation, and the industry and competitive environment in which it operations.

the nature of the competitive rivalry that exists between accompany and its competitors.

the dominant economic and business characteristics of a company$$s industry.