|
Definition of Macroenvironment
1. Noun. (biology) The large-scale and long-term environment and conditions that affect an organism. ¹
2. Noun. Major external and uncontrollable factors that influence an organization's decision making, and affect its performance and strategies. These factors include the economic, demographics, legal, political, and social conditions, technological changes, and natural forces. ¹
¹ Source: wiktionary.com