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Economics

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given the micro and macro environment that we have now, what bussiness venture would you prefer to start using the criteria /assumptions given.

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Answer:

Every business is affected by a myriad of factors. In other words, an organization as such can never exist and operate “in a vacuum”. It is a part of a larger entity known as the business environment. In broad terms, this environment can be divided into two categories. The first one is the micro-environment. This category influences the functionality of a particular business itself. The latter one is the macro-environment which affects the operation of all existing business entities out there.

Explanation:

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