Q.Macro Environment of business is an ______ factor.

GST stands for Goods and Service Tax, so the correct answer is option (d).

Explanation:

• GST = Goods and Service Tax, a comprehensive, destination-based indirect tax levied on the supply of goods and services across India. It subsumed many earlier taxes (excise, VAT, service tax, etc.) into one unified tax and is a major feature of the economic/legal component of the business environment.
• The other expansions — Goods and Sales Tax, Goods and Social Tax and Goods and Salary Tax — are incorrect. …

The correct answer is (b) Uncontrollable, because the macro environment is made up of external forces beyond a firm's control.

In the TN HSC Commerce chapter on Environmental Factors, the business environment is divided into internal and external parts, and the external environment further into micro and macro.

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