Question

Describe the impact of the elements of micro
environment on the marketing practices of a food company of Bangladesh with example.​

Answer 1

Answer:

The micro environment relates to the immediate periphery of an organization and directly influences the organization on a regular basis. Hence, it is also known as the task environment. It is important for an organization to monitor and analyze all the elements of its micro environment like customers, competitors, etc.

:

Elements of Micro Environment: Customers, Intermediaries, Market etc.

Answer 2

Answer:

The micro environment relates to the immediate periphery of an organization and directly influences the organization on a regular basis. Hence, it is also known as the task environment. It is important for an organization to monitor and analyze all the elements of its micro environment like customers, competitors, etc.

Explanation:

In the above picture their are some micro environment.

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