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Micro environment :- The environment which is close to business and affects itscapacity to work is known as micro environment.

Macro environment:- It icludes the factors that creats opportunities and threats to business units.

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Wiki User

12y ago
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Wiki User

11y ago

internal and external factors affecting the company

internal factors such as strike of employees, lack of workers, etc.

external factors such as decrease in income, rise in inflation rate,...

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Krish Jr

Lvl 2
3y ago

Microenvironment- it is the sum total of all the factors and variables which occur internally in the business and are influenced in a direct or indirect way by the management decisions

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Q: What are Micro and Macro Environmental Factors?
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