Question: Practice question (2022) QUESTION 1 (20 Marks) Organisations operate within the business environment namely the micro-environment, the market environment, and the macro-environment. The market and

Practice question (2022)

QUESTION 1 (20 Marks) Organisations operate within the business environment namely the micro-environment, the market environment, and the macro-environment. The market and macro environments are external to the organisation. Using relevant examples, explain how an organisation benefits from examining the external environment. (Discuss at least 10 points in detail with examples)

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