Think of one (1) business establishment nearby. Identify the micro and macro environment factors that affect the business establishment.

Answer:
Micro Environment Factors
1. Suppliers - Magnolia
2. Resellers - Walter mart
3. Customers - 7 Eleven
4. Competitors - Jollibee
Macro Environment Factors
1. Political - Color Cosmetics (they joined the pink movement)
2. Economic - M Lhuillier
3. Social - Double Z Computer Shop
4. Technological - iPhone
5. Environmental - Eco Shop PH
6. Legal - Shell (Gas Station)
Explanation:
Reference in number 3: village people dot com