The macro environment is the environment surrounding the business. Pick n Pay is affected by interruptions in infrastructure, such as power outages. Natural disasters could create a sudden rise in demand for certain items. Competitor actions could also affect the ability of Pick n Pay to operate.
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swot analysis of pick n pay
Macromarketing studies how society distributes services and goods far above the typical supply and demand. When macromarketing you will pay close attention to the social impact of issues like pollution, misused resources, and advertising. Micromarketing is addressing issues on a smaller level. Aspects like advertising will make complete since on the micromarketing level, but on the macromarketing level where all is taken into account, it may be seen as a waste of company money.
Non- economic factors that affact business environment are 1. Regulatory environment 2. Socio cultural environment 3. Demographic environment 4. Technological environment 5. Political environment
You buy slaves to pick the crops for you. that way when you sell the crops you dont have to use part of the crop money to pay the workers...?
One advantage is that you may get a promotion, pay raise, or bonus. There really are no disadvantages. Also, the "is" in your question should be an "are".