The macro-environment consists of those external factors that the company is not in control of but impact on it, the opportunities and threats from the external environment; such as the political, economical, social, technological, environmental and legal factors. These factors have impacts on all marketing mixes as macro environmental forces are something that we, or the company cannot control, unlike the micro environmental forces such as customers, competitors, distributors, shareholders, directors, managers, banks, suppliers etc. A good example would be the current economical issue that the world is facing now, especially the US. Given that the US is in a financial turmoil, the purchasing power of both companies and consumers are affected tremendously, such that no one would want to spend unnecessarily, but to save more money. This thus impacts on the economical factor of the country as their people are not spending, due to high inflation as well, hence the GDP of the country defluctuates and so does the exchange rate of the US dollar.
Analyze the forces of the macro environment that have offered opportunity to MSCSB.
In business, macro environmental forces include inflation, currency exchange rates, GDP growth and other factors. They also include unemployment and overall economic growth. This includes many factors that effect the environment on a larger scale.
to attayes
identity and discuss five or trends within the macro environment (political, legal, social, environmental, technological, economical etc.) that might have a negative or positive effect on career plans?
Have a look at this link: http://www.whatmakesagoodleader.com/macro-environment-analysis.html
Have a look at this link: http://www.whatmakesagoodleader.com/macro-environment-analysis.html
macro and micro factor on industry
how does the environmental factors affect ben sherman
Pente
Macro environmental changes are the alterations of the major components of the environment. Speaking from a business point of view, changes in the political and tax structure of an economy can be classified as changes in the macro environment.
Refer to Dr.Caramel magayato ,,,,,
Type your answer here... macro-environmental factorsWaterFoodShelterHeatWorkopportunitiesyou cannot create new water without great expenseyou can farm foodyou can build shelteryou can create heatyou can innovate and create new work opportunitiesthreatscompetition