The document discusses micro and macro environmental factors in marketing. The micro environment consists of factors that directly influence a business such as customers, suppliers, resellers, and competitors. The macro environment includes broader societal and economic factors such as demographics, technology, politics, and the natural environment. Some key micro factors are stability of customer demand, supplier relationships, and intensity of competition. Macro factors discussed include interest rates, technological advances, climate change, and employment laws. The conclusion states that micro factors may require urgent attention while macro influences can have longer term effects on a company's marketing strategy.