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English definition of “microenvironment”


noun [C, usually singular]
/ˈmaɪkrəʊɪnˌvaɪrənmənt/ MARKETING, WORKPLACE
the conditions relating to a particular organization, such as management, competitors, customers, etc.: Shareholders are part of a company's microenvironment. → Compare macroenvironment
(Definition of microenvironment from the Cambridge Business English Dictionary © Cambridge University Press)
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