What's it: Macroeconomic factors refer to the macroeconomic conditions that bring both opportunities and threats to business continuity. Examples are economic growth, inflation rates, interest rates, and exchange rates. They are
Business Environment
Business Environment: Meaning, Types, Why It Matters
The business environment is getting more dynamic in recent years. Technology, consumer tastes, and international policies change at a quick pace. The change could bring past competitive advantage to competitive disadvantage, or vice versa.
Business Stakeholders: Meaning, Importance, Examples
What's it: Stakeholders mean all parties who have a direct or indirect interest in a company. A company's actions, decisions, or performance can affect them. But, on the other side, their interest in the company also influences its
Macro-environment: Meaning, Types, Impacts on Business
The macro-environment is dynamic and constantly changing from time to time. Globalization makes it challenging to avoid external shocks to domestic business. The economy also intertwined from one country to another. Shocks in one country,