Finance - Operation - Marketing
Input -> process->Output (Goods or Service)
+Business
Input > Output => Loss
Input < Output => Profit
+Economic of the government
Import > Export => Loss, Inflation
Import<Export=>Profit or Increase
Competitive
+External Factors:
- Economic condition
- Political condition
- Legal environment
- Technology
- Competition
- Markets
+Internal Factor
- Human Resources
- Facilities an equipment
- Financial resource
- Customer(Focus on seller)
- Products and services
- Technology
- Suppliers
GMP: Gross Material Product
GDP: Gross Domestic Product
Micro-economic: Study detail and focus on marketing.
Macro-economic: Study detail bug not focus on market. It focuses on unemployment and employment, customer's demand and seller's demand.