microenvironment

Definition

The aggregation of all elements in or immediately surrounding a business that can affect its performance including its internal environment, its suppliers, its marketing intermediaries, its customers, its competitors, and its community.

Use microenvironment in a sentence

You should make sure that you are not doing anything that may harm the microenvironment near your factory or warehouse.

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The microenvironment was really dangerous and I knew there were so many elements at play that could destroy us and make us bleed.

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The microenvironment was carefully analyzed to contain the information we needed to make the best decision regarding next quarters investment.

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