Which of the following is NOT considered a type of macro-environmental impact?

Prepare for the Hospitality and Marketing Course Test with an array of flashcards and multiple choice questions. Each question is designed to sharpen your skills and enhance your understanding of key concepts. Get exam-ready with our comprehensive test study materials!

The correct choice highlights that "Monopolistic" is not recognized as a type of macro-environmental impact. Macro-environmental factors encompass broad external forces that affect the entire industry or market, and they typically include categories like technological, political, and environmental factors.

Technological impacts refer to advancements and innovations that can disrupt or enhance market operations and customer interactions. Political factors relate to government policies, regulations, and political stability that can influence business operations and strategic decisions. Environmental factors involve ecological and environmental aspects that can affect an organization and its market, such as climate change and sustainability concerns.

In contrast, monopolistic aspects are more specific to market structures and competition within an industry rather than broad external influences. While monopolistic practices can affect competition and market dynamics, they do not fit into the broader category of macro-environmental impacts, which are more concerned with external forces impacting all or a significant part of an economy.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy