Question

Changes in the characteristics of a population, such as age or race, are irrelevant to the analysis of an industry's macroenvironment.

a. True
b. False

Answer 1

That statement is False

Macroenvironment Consist of all sectors of economy that includes government fiscal policy, gross domestic product (GDP), inflation, employment, and spending. Changing in population would affect Gross Domestic product, consumer spending, and rate of employment in macroenvironment.