Chapter 4 Outline

Chapter 4 Outline - Chapter 4 Outline Global...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Chapter 4 Outline Global environment -The set forces and conditions that operated beyond an organization’s boundaries but affect a manager’s ability to acquire and utilize resources. -When the forces change in the environment, new opportunities and threats are presented to the managers of the organizations. -Managers have to understand the difference between General Environment and Task Environment General Environment -the wide-ranging global, economic, technological, sociocultural demographic, political and legal forces that affect an organization and its task environment Task Environment - The set of forces and conditions that originate with suppliers, distributors, customers, and competitors and affect an organization’s ability to obtain inputs and dispose of its outputs because they influence managers on a daily basis. Four forces of task environment: 1. Suppliers -Individuals and organizations that provide an organization with the input resources that it needs to produce goods and services. 2. Distributors –Organizations that help other organizations sell their goods or services to customers. 3. Customers - Individuals and groups that buy the goods and services that an organization produces. 4. Competitors - Organizations that produce goods and services that are similar to a particular organization’s goods and services. The more competitors there are in the industry, the more prices and profits decrease. The presence of one or more competitors can reduce the prices of goods and services as the companies attempt to gain a larger market share. Potential competitors- Organizations that presently are not in task environment but could enter if they so choose.
Background image of page 1

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

View Full DocumentRight Arrow Icon
Global outsourcing - the purchase of inputs from overseas suppliers or the production of inputs abroad to lower production costs and improve product quality or design. Barriers to entry-
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/26/2011 for the course MGT 300 taught by Professor Mathys,nicholas during the Winter '08 term at DePaul.

Page1 / 5

Chapter 4 Outline - Chapter 4 Outline Global...

This preview shows document pages 1 - 3. Sign up to view the full document.

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