Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Macro environment is the first pillar to build a business empire. All marketing plans, strategies, and objectives are carried out through these components. It is,

Macro environment is the first pillar to build a business empire. All marketing plans, strategies, and objectives are carried out through these components. It is, therefore, the executive arm of business where practical implementation of ideas, thoughts, and concepts are done and based on the responses of these components, a business either moves forward or may step back. Further, it serves as a guide to future communication policies of an organization. With all such features, micro environment plays an integral role in realizing the current potential and determining the future of a business. Identify and explain 5 (FIVE) macroenvironment major actor and its roles in the companies.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Finance At Risk

Authors: S. Sen

1st Edition

1349420492, 978-1349420490

More Books

Students also viewed these Finance questions