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The Micro and Macro Environmental Factors - Essay

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Added on  2020-12-10

The Micro and Macro Environmental Factors - Essay

   Added on 2020-12-10

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The Micro and Macro Environmental Factors - Essay_1
Table of ContentsINTRODUCTION...........................................................................................................................3MAIN BODY...................................................................................................................................3Identify and discuss the micro and macro environmental factors that are driver of change inglobal business environment.......................................................................................................3Reason behind the importance of an individual and organisations to manageresponsibility,sustainability by solving ethical, social and cultural issues.................................4CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................5
The Micro and Macro Environmental Factors - Essay_2
INTRODUCTIONBusiness and business environmental is a sum or collection of both internal and externalfactors such as employees, consumers and their needs and wants, management, client andsuppliers. Environment is an important factor but due to different situations or circumstances itchanges rapidly. Factors such as advance technology make it easier to do business at globallevel. To get sustainability in business environment organisation have to adhere with socialresponsibility and ethics.MAIN BODYIdentify and discuss the micro and macro environmental factors that are driver of change inglobal business environment.Business environment is one of the important factor that helps to compete in adversesituations and give platform to satisfy needs and wants of consumers. There are different microand macro factors that influences the global business environment. Due to globalizationorganisations deals in different nations simultaneously. In that situation organisation have tooperate with different laws and regulations. Every country have different political system thatimpacts that how business run in that situations (De Castro, Khavul and Bruton, 2014.).Various trade treaties and agreements have the factor that brings changes in environment. Ineconomic factors consist of changes in economic structure and systems. While deal in differentcountries they have different operating system such as operating in USA the norms of capitalismand free market system that helps in mobility in various functions. In recent changes some majorchanges occurs in global market and economy such as in Asian countries that source ofmanufacturing, in that case labour is cheap and cost of production also low in comparison to cost
The Micro and Macro Environmental Factors - Essay_3

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