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Impact of Macro Environment on Business

   

Added on  2023-01-18

20 Pages1158 Words93 Views
Business and Business
Environment

Introduction
Business environment consist of bothy internal and external factors
which impacts the objectives of the organisation.
It includes factors such as market trends, technology, government rules,
suppliers, society and so on.

Positive and negative impact of macro
environment
Micro factors: these are those factors which affect overall strategy of
business in decision making and performance level.
Internal factors: These factors are those which affect company's
operations and overall culture of organisation which influences working
structure, leadership of company. Employee support is also a factor
which helps in achievement of objectives.

Macro environment factors
These are factors which are related to
bot negative and positive impact on
which organisation has no control.
To make analysis for understanding of
impact it is understand trends
prevailing in macro environment.

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