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Management - The Business Environment of Organizations

Management - The Business Environment of Organizations -...

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Management: The Business Environment of Organizations To lead an organization efficiently we must know where our company is situated, what are the outside  influences and the inside ones. Outer environment (macro environment) There are some factors in the lives of organizations that affect them, but they don’t have any control  over them (much like in our own life). We can define three major areas, but these are just the large  groups, they just give a general outline. Political-legal environment: The effects of this are quite visible. Just think of the effect of changing taxes, or raising interest rates.  If the legal system, pushed by politics lowers he acceptable emission rates, companies may have to  invest in new equipment or close down. Technological state (R+D): Technology can bring millions to one company and take millions from another. Organizations on the  frontier usually experience a boom, with many following, but some rivals may go bankrupt. A good  manager has to be aware of change and embrace technology to gain an edge on competition.
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  • Spring '11
  • Management, different brands. Organizations, acceptable emission rates, them.  Financial organizations, system.  Competition Competition, diverse category. Think, highly specialized  people

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