Students are supposed to select a Case Study on any organization highlighting Micro Situation.Include in your discussion a detailed description of each of the five major components.Students are supposed to satisfy following 3 points Explain the organization and major microeconomyelements favouring the organisation.Demonstrate understanding of micro principles and their negative effect on organisation.Demonstrate understanding of elementary economic theories and their application to organisation.Students are supposed to satisfy following 3 points Evaluate issues or claims about the organisationwhich needed consideration for improvement.Examine government economic policies and assess their impact on the organisation.Discuss the recommendation you will provide forimprovingthe current situation of the organisation