$(332)$ A company's "macro$-$environment" refers to:

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

all the relevant forces and factors outside a company's boundaries$-$general economic conditions, population demographics, societal values and lifestyles, technological factors, governmental legislation and regulation, and closer to home, the industry and competitive arena in which it operates.

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

the industry and competitive arena in which the company operates.