mic factors:

The Educomp Shaping Education In The New Millennium economic factors or forces involves
interest rates, inflation, and growth of economy, cost of living, working hours, wage rate and
exchange rates. Combining these factors, it last greater and inevitable impact on organization.

Social factors:
The culture or social influence on certain businesses vary from country to country. It is significant to
consider these factors. The social factors includes safety and health consciousness, various
demographics, population growth rates and cultural aspects.
Technological