The External Environment All outside factors that may affect an organization make up the external environment. The external environment is divided into two parts: ● ● Directly interactive: This environment has an immediate and firsthand impact upon the organization. A new competitor entering the market is an example. Indirectly interactive: This environment has a secondary and more distant effect upon the organization. New legislation taking effect may have a great impact. For example‚ complying
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External Environment influence organization Introduction: Each organization has their own organization structure and strategy to help them get their organization’s goals. Therefore managers of organization should to design and choose the structure and strategy that fit for different types of organization to get the goals. However managers should according to the external environment to make decision for the organization. The external environment will influence the organization’s choose‚ if the
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Schools as organisations * There are several types of providers of the EYFS‚ such as reception and nursery classes within schools‚ registered childminders‚ day nurseries‚ playgroups and after school and breakfast clubs. * There are four main types of mainstream state schools which are all funded be local authorities. These are known as maintained schools. They have to follow National Curriculum and include * Community schools these are run and owned by the local authority they
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Chapter 4 The External Environment The Environmental Domain Organization Environment is composed of all elements that exist outside the boundary of the organization that have the potential to affect all or part of the organization. Its domain is the chosen field of action. The environment comprises several sectors or subdivisions of the environment that contain similar elements (ie. industry‚ raw materials‚ human resources‚ market‚ technology‚ financial resources‚ economic conditions‚ government
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Question 1 The external environment of a firm plays a very important role in the operations of the organization. Why is it important for organization in the Pacific to learn and know about what is happening in their external environment? Use examples to explain a least 5 elements in the external environment. The business dictionary defines external environment as conditions‚ entities‚ events‚ and factors surrounding an organization that influence its activities and choices‚ and determine
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GE Stakeholders –Distinction Criteria *D1 – Evaluate the influence the different stakeholders can exert in one organisation* General Electric (GE): • The CEO – Jeffery Immelt: The extent of the influence: The CEO (Jeffery Immelt) of General Electric has a huge influence on the company‚ as he is the leader and the most important person in the company. You would say that he has the biggest influence because what he says and what he thinks should be done within the company will happen
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External Analysis 1. PESTLE Factors Political and Legal· Government has high work efficiency‚ justice and transparency.· Company or individual have low tax rate easy to calculate.· Government supports the development of industry and commerce. | Economic·Hong Kong is the world’s 11th trading powers and 2nd stock market in Asia.·One of the most free trade port and open investment policy. It is the only one RMB offshore market.·Over-estimation of the number of visitors.·Loss $46 million in the
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Structure (Background) Organizations are complex structures with a vast variety of people and systems that function together to achieve a common goal. As a result‚ the task of analzying making sense of them prove to be quite difficult. Organizational metaphors can be used to further analyze and understand organizations (Alvesson‚ 2011). In this assignment‚ we will be taking a closer look at a multinational enterprise‚ The Coffee Bean & Tea Life (CB&TL)‚ using the aid of two selected metaphors
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in Strategic Management Chapter 3: The External Assessment Submitted by: Stephanie Rose Capule Melody Ferrer Divine Grace Jasa Claudine Martinez Wendy Pangilinan Mark Angelo Santiago Julma Tumibay Mktg 4-2 Submitted to: Mr. Jamilton Esguerra Chapter Objectives: After studying this chapter‚ you should be able to do the following: 1. Describe how to conduct an external strategic-management audit. 2. Discuss 10 major external forces that affect organizations: economic
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21/09/2013 Key dates Distribution date: 03/10/2013 Submission date: December 2013 Return date: 4 weeks after submission Introduction The aim of this unit is to provide learners with an understanding of different organisations‚ the influence of stakeholders and the relationship between businesses and the local‚ national and global environments. This assignment brief contains of the following tasks: Task 1 Task 2 Task 3 & Task 4 Scenario Meeting global and local needs:
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