What is the most important difference between the microenvironment and the macro environment of a firm? State three top macro-environmental forces influencing:
a) Petrochemical Industry,
b) Fast Food Industry, and
c) Airline Industry in the U.S.
Does the order of importance of these factors differ for the three industries? If so, what according to you is the reason behind the difference?
A discussionon the most important differences in the macro and micro environments of the three industries listed. Order of importance is also discussed.