Micro environment refers to the environment formed through relationships and linkages between external stakeholders and the company. It is the
The business environment influences business success. The changes expose both opportunities and risks to the business. Thus, companies must be able
What's it: Macroeconomic factors refer to the macroeconomic conditions that bring both opportunities and threats to business continuity.
The business environment is getting more dynamic in recent years. Technology, consumer tastes, and international policies change at a quick pace. The
The macro environment is dynamic and keeps changing from time to time. In comparison, changes in demographic factors may take a long time, but not