Answer to Question #234083 in Management for Mahadi

Question

Reviewing the sub-environments of the macro-environment,describe how these could have an impact on Tony's Fast Foods?

Answer 1

GDP, fiscal policy, monetary policy, inflation, employment rates, and consumer spending all have an impact on the macro-environment. The state of the macroeconomic environment has an impact on company actions including spending, borrowing, and investing. Macroenvironmental influences have an impact on every business. They have the ability to boost or decrease the demand for your goods, as well as create totally new product requirements. Costs of raw materials may rise or fall. It's possible that new target markets will emerge, or that existing ones will shift.