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SIGNIFICANCE OF THE EXTERNAL ENVIRONMENT IN MANAGING AN ORGANIZATION

This essay is about the significance of the external environment in maniging an organisation. The external environment shapes opportunities and challenges facing an organization. All companies are environment dependent simply because no company exists in a vacuum

Details
language english
wordcount 1814 (cca 5 pages)
contextual quality N/A
language level N/A
price free
sources 4
Table of contents

Introduction 1
The General Environment- 1
The Task Environment- 2
Industry Environment- 3
How do managers find out which factors they should consider in the environment and how should they collect the data? 4
WORKS CITED 5

Preview of the essay: SIGNIFICANCE OF THE EXTERNAL ENVIRONMENT IN MANAGING AN ORGANIZATION

Introduction
The external environment shapes opportunities and challenges facing an organization. All companies are environment dependent simply because no company exists in a vacuum. The external environment can be divided into three sectors;

The General Environment-
The general environment refers to aspects in the environment that indirectly ...





... environment to collect information.
The environment is either analyzable or not and also passive or active. Managers are encouraged to analyze actively to ensure a proper analysis of the environment. A good manager understand the external environment and is able to react to environmental changes as well as predict possible changes and make decisions to counter expectations.
Essay is in categories

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Economics
 / 
Management
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