Question

what do u mean by economic environment and describe there 3 character​

Answer 1

Answer:

The term economic environment refers to all the external economic factors that influence buying habits of consumers and businesses and therefore affect the performance of a company. These factors are often beyond a company’s control, and may be either large-scale (macro) or small-scale (micro).

Answer 2

The term economic environment refers to all the external economic factors that influence buying habits of consumers and businesses and therefore affect the performance of a company.