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How macro environment is affecting management

How macro environment is affecting management especially in tourism industry?

Asked by: Rachael 467 days ago - 1 Answers - 2005 views

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as macro environment influence the decision making at the organisation if the competitors reduces price it means you will lose your customer as they will shift to them.This make the whole plan change as you need to have to restart to coax the customer back by re-branding your product ,advertising and promotions.

If the government policy changes it means the company will need to change its strategy but not the way you have planned. The change of government makes the company policy be affected these will lead few tourist to come as the government policy as affect them to

when the country affect with fluctuation these makes tourist not to come as they need to pay more than before and to find the foreign currency will be hard.

Answer by faustas zalira 425 days ago

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