Inputoutput control monitors the input and output

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Input/output ControlMonitors the input and output from each work center5.FACTORS WITHIN THE BUSINESS ENVIRONMENT THAT IMPACT UPONOPERATIONAL MANAGEMENT AND DECISIONMAKING BY LEADERSAND MANAGERS.5.1.Macro Environment5.1.1.PESTLETheoryIn general, the macro environment is the external factors that that exists in the economy as a whole(Chappelow, 2019). They are the uncontrollable elements and have a great impact on the organization’sdecision making, and affect its performance and strategies (Business dictionary, 2019). Normally, in abusiness external analysis, the macro environment is analysed using PESTEL, which includes politics,economic, social, ethical and legal factors.In the analysis outside the enterprise, the macro environment is analyzed by PESTEL - It includes factors:economic, social, ethical, legal and political. All businesses suffer from positive and negative impacts ofthe macro environment. Companies need to have a general assessment of the industry market andindustry characteristics to understand all environmental factors and to have the best information aboutthe potential market. From there, the company can make the best decisions and build the best strategyfor its project plan to achieve the set goals. Conversely, if a company enters a new competitive market orlaunches a new product without understanding the factors outside the macro-environment, it will bedetrimental to the business - That could lead to an inability to do so. selling products or services, wasting
33time and money, or even affecting brand image. As is known, external factors of the macro-environmentare uncontrollable. Therefore, change can take place at any time in any situation - Such change cansupport or harm economic growth. In a bad case, the company needs to quickly recognize and adjust theplan in a timely manner, in accordance with that change so as not to cause bad consequences. ThePESTEL model assists companies in assessing political, economic, regulatory, social and ethical factors inorder to promptly predict changes that may occur in various aspects of the environment. business thatthe company is involved in. In the PESTEL, the environment is divided into six main factors, including:political, economic, social, technological, ethical and legal - It is an important tool for companies withopen goals. market expansion and globalization.(Team FME, 2013)-Politics include labor and activity laws, tax regulations, restrictions or trade reforms, levels ofcorruption, bureaucracy, government leadership, government stability and stability of neighbor.Companies need to regularly monitor all political changes in the market because it can have astrong impact on businesses. In order to make a positive or negative difference to the businessstrategy, the new Government Council may issue new regulations and rules related toemployment, taxes, transactions and consumer protection. use, environment, health, and safety.For example, penetrating the European market within the Schengen area can be beneficial for the

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Management, Toyota Production System

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