macro-environment

macro-environment

the broader, more general political, economic, social and technological forces which impinge on a firm's activities and viability in addition to those operating in the firm's immediate MARKETS. See PEST.
References in periodicals archive ?
87 billion in losses in 2016 amid challenges in the macro-environment, high impairment charges, and costs related to airberlin and Alitalia where Etihad owns stakes.
They cover from the macro-environment to the microenvironment, strategic knowledge management, and connecting with the external stakeholders and evaluating company performance.
He said: "Looking ahead, we anticipate a changeable and potentially more challenging macro-environment.
In the third quarter, ITT focused on strategically managing through this difficult macro-environment, while we continued to drive long-term structural reset activities in our Industrial Process segment, said ITT CEO and President Denise Ramos.
Baxter has an established history of executing successful spin-offs, and we have continued to evaluate the separation of these two businesses in response to diverging business dynamics and the rapidly changing macro-environment," comments chairman and chief executive officer Robert Parkinson Jr.
The macro-environment in 2013 was one of soft growth, minimal in the developed world and below recent levels in the emerging markets,'' CEO Paul Bulcke said.
Porter referred to these forces as the microenvironment, to contrast it with the more general term macro-environment.
finding that each adult human hair follicle could count only on its intrinsic growth-promoting signals, without the help of adjacent follicles in the macro-environment.
The party rental industry continues to be resilient in the macro-environment and offers a significant growth opportunity as corporate budgets begin to re-open.
The macro-environment is tenuous for the last three years.
Nonetheless, French banks have not been immune to the global crisis and the business model will need to be adapted as additional adverse developments on the financial markets are still likely (although these would probably be of a less severe nature than those seen in 2008) and, more fundamentally, as the macro-environment is deteriorating and brings with it a negative credit cycle.
Charging that typical works on the subject of international business fail to pay enough attention to the macro-environment of the firm or the importance of stakeholders rather than just shareholders, Jansson (international marketing, U.