Question: Explain for ikea as an operational manager with Harvard referencing Task Evaluate and analyse the factors that influence business and the responses that can be

Explain for ikea as an operational manager with Harvard referencing
Task
Evaluate and analyse the factors that influence business and the responses that can be deployed to manage these factors.
1.1: Describe the differences between the macro and micro environments and explain the various approaches used by business managers/analysts to understand them (e.g.- PESTEL and SWOT analysis).
1.2: Using a case example or scenario, identify where business performance could be positively or negatively affected by external factors and trends.
1.3: Recommend responses to external factors and trends.

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