Which one of the following statements about the microenvironment is INCORRECT? a. It refers to the business itself. b. It has a significant influence on the macroenvironment. c. It can only influence the market environment through strat

The INCORRECT statement about the microenvironment is: **c. It can only influence the market environment through strategies.** This statement is incorrect because the microenvironment can influence the market environment in various ways, not just through strategies. The microenvironment encompasses factors like suppliers, customers, competitors, and various stakeholders, which can impact the market beyond just strategic decisions.