ESTION 1 Read the scenario below and answer the questions that follow
The Best Bank
The Best Bank has recently launched a new prepaid foreign currency travel card
called Traveller Exchange (Travelling Gold'). South African travellers pay the current
exchange rate for all purchases made using foreign currency (euro, pound or US dollar)
during their trips. Customers can pay for any goods and services purchased in in
any country they visit using the Travelling Gold' travel card.
1.1.1
Identify TWO components of the macro environment applicable to the
scenario above. Quote TWO examples of these components from the
scenario
Use the table below to present your answer
MACRO ENVIRONMENT
QUOTE
(a)
(b)​