MHR301_Ch6 - Chapter 5 Managing in the Global Environment...

Info iconThis preview shows pages 1–8. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 5 Managing in the Global Environment Leanne Powers MHR301 From McGraw-Hill Irwin Contemporary Management
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Chapter Objectives Explain why it’s important to  accurately perceive, interpret, and  respond to the organizational  environment Identify the forces in an organization’s  task and general environments Describe the elements in the  competitive global environment
Background image of page 2
Organizational Environment Set of forces and conditions outside  the organization’s boundaries that  have the potential to affect the way  the organization operates Opportunities and threats
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Organizational  Environment
Background image of page 4
Task Environment Originate with suppliers, distributors,  customers, and competitors Affect an organization’s ability to  obtain inputs and dispose of its  outputs Most  immediate  and  direct  effect on  managers
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Task Environment Suppliers Individuals and organizations that provide an  organization with the input resources that it  needs to produce goods and services Raw materials, component parts, labor (employees) Relationships with suppliers can be difficult due  to materials shortages, unions, and lack of  substitutes. Suppliers that are the sole source of a critical item are  in a strong bargaining position to raise their prices. Managers can reduce these supplier effects by  increasing the number of suppliers of an input.
Background image of page 6
Global Outsourcing Purchase of inputs from foreign  suppliers or the production of inputs  abroad to lower production  costs and improve  product quality and  design
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 8
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/18/2008 for the course MHR 301 taught by Professor Sharif-zadeh during the Fall '07 term at Cal Poly Pomona.

Page1 / 19

MHR301_Ch6 - Chapter 5 Managing in the Global Environment...

This preview shows document pages 1 - 8. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online