At a glance

by Anonymous
(South Africa )

Components and features of the macro environment:

>the macro environment is also known as the external environment

>the macro environment consists of seven aspects:
-the physical/natural environment
-the economic environment
-the social/cultural environment
-the technological environment
-the legal and political environment
-the institutional environment
-the international/global environment

the different environments in the macro environment are all closely related.

A change in one environment will lead to changes in the other environments.

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