Question

Describe about Micro Environment.​

Answer 1

the factors or elements in a firm's immediate environment which affect its performance and decision-making; these elements include the firm's suppliers, competitors, marketing intermediaries, customers and publics.

Answer 2

Answer:

• Micro Environment, refers to theenvironment comprising of all the actors of an organization's immediate environment which influences the performance of the company, as they have a direct bearing on the firm's regular business operations.
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