Definition of Macro Environment




Macro-Environment
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Godfrey, South Africa

Definition of Macro Environment

Could you please help me with a definition and examples of a macro environment?
 
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Muhammad, UK
 

Definition of Macro Environment

Macro environment includes the factors which cannot be controlled by company or organization. For example the main interest rate, legislation, economic conditions. In the times of the credit crisis, most or all businesses is suffering; this was due to the external environment and was outside the control of any firm or business.

   

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