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Do you know the meaning of Macro-environment and Micro-environment ?

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Question added by AHMED IMRUL KAYES , Senior Consultant , HR Bangladesh Ltd.
Date Posted: 2015/01/01
Muhammad Yousaf Khokhar
by Muhammad Yousaf Khokhar , Director Marketing And Sales , Relaxsit Private Limited

The micro environment is also called the operating, competitive or task environment. It consists of sets of forces and conditions that originate with suppliers, distributors, customers, creditors, competitors, and shareholders, as well as trade unions, and the community in which the business operates.  Factors in the micro environment are largely within the control of the managers. 

This macro environment refers to the wide ranging economic, socio-cultural, political and legal, and technological forces that affect the organization and its operating environment.  These forces originate beyond the firm’s operating situation.  The macro environment is also called the external or remote environment.  The macro environment presents threats and opportunities that are often difficult to grapple with.

 

macro environment, the situations or conditions that can effect an organization's performance and can not be controlled by its managers but guiding them for proper arrangement.those conditions or forces include;social,economic,political and legal influencing with demorafhy and tecnological forces.

micro environment:the conditions or forces with can be controlled by a company or organization managers and having full and final strenght to conrol it if they have learned the way of effective management.these forces include;competitors,customers,suppliers,trade union,intermedaries and general public.

Vishal ganti
by Vishal ganti , Assistant Product Manager , Redington Gulf Fze

Macro environment is to do with policies of govt, reserve bank and are external factors.

While micro environment is to do with internal factors in an industry like production, demand supply, etc.. Of course demand supply is again effected by macro economic factors.

Ragesh Vadakkedath Ramachandran
by Ragesh Vadakkedath Ramachandran , IT Administrator , Nippon Motor Corporation (P) Ltd

Macro environment factors are uncontrollable external forces that affect how a business operates.

Political

Economic

Social

Technological

Environmental

Legal

Article http://www.wisegeek.org/what-are-macro-environment-factors.htm

 

Micro environment factors, are factors close to a business that have a direct impact on its business operations and success.

Customers

Employees

Suppliers

Shareholders

Media

Competitors

Article : http://www.learnmarketing.net/microenvironment.htm

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