0
Macro forecasting is related to forecasting external forces that affect the firm. This is concerned with forecasting the markets and determining market demand, supplies and other external factors such as legal, cultural, economic and technological environments
Micro forecasting is concerned with forecasting internal environments such as sales forecasts, market share and product life cycles. These can be described as factors which firm has control over or able to acquire information to forecast what will happen. For example, a company can check its sales records to forecast next months' sales
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is the difference between a macro and micro influence?
Macro means large in scale, micro means small in scale. So macro influence means that something has a large influence, while micro (remember microscope) is something that has a small influence.
Macro and Micro Influences on Marketing?
to attayes
What is the difference between macro marketing and micro marketing?
micro marketing is a market which is related to small market business is called micro marketing ,But macro marketing is a market which is telling about huge market means it hibernation I market.
What are the macro and micro environmental factors that might influence marketing decisions?
assignment on micro environment factors that affect marketing decision making
What are the four types of factors that can influence decision making?
THEY ARE (a) MICRO ENVIRONMENT (b) MACRO ENVIRONMENT (c) MARKET ENVIRONMENT
What is the difference between micro forecasting and macro forecasting?
Micro forecasting focuses on predicting short-term trends at a granular level, such as sales of individual products or services within a specific market segment. Macro forecasting, on the other hand, involves forecasting broader economic indicators or trends that affect an entire industry or economy, such as GDP growth or inflation rates.
What are micro and macro curricula?
micro and macro changing?
Difference between macro and micro?
Macro is big micro is little
What is the opposite of micro manger?
macro is the common opposite of micro. micro=small macro=large
What is the difference between macro and micro neutrons?
macro is bigger than micro
What is the macro - micro dilemma?
Macro: big/large Micro: small/tiny
Are oats micro are macro nutrients?
Macro
Is inflation Macro or Micro economics?
MACRO
What is Micro Analysis?
what is micro-macro analysis
Macro economics and micro economics?
macro is a root for large, while micro is, of course, small
What are the micro and macro environmental factors influencing tourism industry?
macro and micro factor on industry
How does macro economics differ from micro economics?
Macro economic is differ from micro economic because macro economic study as a whole economics but micro economic study only of an individual.
