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The micro environment is also known as the internal environment and contains all the factors that influence the business from within.
Up Next in Term 1
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Business environments - Micro Environ...
We will continue to discuss the other 4 Business Functions.
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Business environments - Market Enviro...
The market environment is also known as the industry environment and is immediately outside of the micro environment.
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Business environments - Macro Environ...
Let us talk about Macro environments: Physical/Natural environment. Economic environment. Social and demographic environment.
