Macro Environment

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Macro Environment

Economic Environment
Economic environment is very dynamic and complex in nature. It does not

remain the same. It keeps on changing from time to time with the changes
in an economy like change in Govt. policies, political situations.

Economic factors which have their affect on the working of the business is
known as economic environment. It includes, employment, income, inflation, interest rates, productivity, and wealth, that influence the buying

behavior

of

consumers

and

institutions.

The political environment can affect a business either positively, or negatively, depending on the prevailing situation in a country.

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