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The Macro Environmental Factors Business Essay

   

Added on  2021-01-03

7 Pages1566 Words32 Views
Context of Business
The Macro Environmental Factors Business Essay_1
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................21. Identifying micro and macro environmental factors that has changed the nature of modern 2business in the global environment.............................................................................................22. Identifying the needs for individuals and organisation to manage responsibly, sustainablyand ..............................................................................................................................................3behave ethically in relation to social, cultural, economical and environmental issues...............3CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................6
The Macro Environmental Factors Business Essay_2
INTRODUCTIONBusiness is a term which basically means an organisation conducting a commercial and tradingactivities with a group of people having the objective of earning profits and minimizing the costof production. Nowadays, business is supported by many technological and operationaladvancements like new production strategies, new and better improve operating machinery,innovative technologies for carrying own on production activity. With the rapid change intechnologies companies are able to make improvements in their products and services, businessprocesses & can even create new products, services and processes which will help in expandingthe markets and profit margins (Lancaster, G. and Massingham, L., 2017).1
The Macro Environmental Factors Business Essay_3

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