Internal External Factors G
Internal & External Factors
The four functions of management are planning, organizing, leading, and controlling. Planning occurs within these functions of a business, and it helps to deliver strategic value. Organizing builds a dynamic organization and leading helps to mobilize people. Controlling is part of learning and changing as an organization grows. All four functions of management are key to effective management. Internal and external factors influence the decision-making process which in turn affects management. Competitive landscape is constantly changing; therefore, managers must consider people and businesses around the world. Globalization, technology, innovation, diversity, and ethics require comprehensive planning, they are essential in every aspect of management. Apple is an organization that uses strategic planning and organizational tools successfully to manage and market technology. In this paper I will explain how the internal and external factors affect the four functions of management within Apple. I will also provide specific examples of globalization, technology, innovation, diversity, and ethics.
Globalization
Globalization is an external, driving force that has a major impact on the way managers run an organization. Globalization is the result of the notable increase of cross-border trade, investments, cultural exchange, population growth, and emergent economies (New World Encyclopedias, 2008). Globalization directly affects the four functions of management, or core competencies of management. These core competencies are the basics of management: planning, organizing, leading, and controlling (Bateman & Snell, 2011). Globalization causes events, or situations to take place within an organization to which managers have no direct control over. This external factor causes organizations such as Apple Inc. to update and monitor the company 's business plan concerning these core competencies of management.
Apple Inc. is a multinational
The four functions of management are planning, organizing, leading, and controlling. Planning occurs within these functions of a business, and it helps to deliver strategic value. Organizing builds a dynamic organization and leading helps to mobilize people. Controlling is part of learning and changing as an organization grows. All four functions of management are key to effective management. Internal and external factors influence the decision-making process which in turn affects management. Competitive landscape is constantly changing; therefore, managers must consider people and businesses around the world. Globalization, technology, innovation, diversity, and ethics require comprehensive planning, they are essential in every aspect of management. Apple is an organization that uses strategic planning and organizational tools successfully to manage and market technology. In this paper I will explain how the internal and external factors affect the four functions of management within Apple. I will also provide specific examples of globalization, technology, innovation, diversity, and ethics.
Globalization
Globalization is an external, driving force that has a major impact on the way managers run an organization. Globalization is the result of the notable increase of cross-border trade, investments, cultural exchange, population growth, and emergent economies (New World Encyclopedias, 2008). Globalization directly affects the four functions of management, or core competencies of management. These core competencies are the basics of management: planning, organizing, leading, and controlling (Bateman & Snell, 2011). Globalization causes events, or situations to take place within an organization to which managers have no direct control over. This external factor causes organizations such as Apple Inc. to update and monitor the company 's business plan concerning these core competencies of management.
Apple Inc. is a multinational
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