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I need to understand the difference between Macro and Micro

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I need to understand the difference between Macro and Micro risk management in order to write a paper on the subject.

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I need to understand the difference between Macro and Micro risk management in order to write a paper on the subject.

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Macro risk deals with risks that directly affect operations from foreign countries. The political climate in foreign countries is typically the biggest factor in macro risk management. Marco risk management combines traditional risk management with macro activities. The main issue for macro risk management to address is if the political climate in a country changes where our company has operations, how will it affect our company's operations? Marco risk management puts into place a comprehensive plan for risk mitigation should the political climate change, taking into consideration each country where our company operates. Macro risk management also monitors the political climate in ...

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