macro and micro environmental factors Flashcards

1
Q

environment has direct impact on your business

A

micro-environment

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2
Q

have ability to influence your daily proceedings

A

micro-environment

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3
Q

reasoning behind purchase

A

customer

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4
Q

big influence

A

supplier

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5
Q

success of your marketing depends on them

A

reseller

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6
Q

selling same products as you

A

competitors

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7
Q

your actions affects others

A

the general public

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8
Q

levels of production and decision making

A

economic factors

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9
Q

environment in the economy itself

A

macro- economic

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10
Q

interest rates

A

economic factors

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11
Q

exchange rates

A

economic factors

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12
Q

demand/supply

A

economic factors

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13
Q

Security in terms of cryptography

A

technology factors

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14
Q

automation

A

technology factors

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15
Q

education level

A

demographic forces

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16
Q

lifestyle

A

demographic forces

17
Q

country region

A

demographic forces

18
Q

Availability of both non-renewable and renewable resources

A

Natural And Physical Forces

19
Q

Laws that regulate the environment

A

Natural And Physical Forces

20
Q

Import/Export law

A

Political And Legal Forces

21
Q

Purchasing habits

A

Social And Cultural Forces

22
Q

Level of education

A

Social And Cultural Forces

23
Q

Life expectancy rates and age distribution

A

Social And Cultural Forces

24
Q

Growth rate of the population

A

Social And Cultural Forces

25
Q

o Social classes

A

Social And Cultural Forces

26
Q
A