By marthaclark - November 12th, 2021, 9:35 am
- November 12th, 2021, 9:35 am
#11570
The business environment includes various external forces which either affect the company in good or bad ways.
These forces can either be external (like natural disasters) or internal (such as company policies and practices). One of the more interesting aspects of understanding the business environment is understanding how these forces interact and what the implications are for the overall organization. This article will explore some of the ways this is done.
The first aspect of understanding the business environment refers to the internal factors. These include the people who are part of the organisation. These are the managers, administrators, top sales professionals and others who are involved in running the day-to-day workings of the organisation.(like BazooCam) Individual members of staff are a part of the internal environment, too, but are less important than those managers and employees with organisational status. The people who make up the key personnel of an organisation are called the key persons and they influence the performance of the rest by contributing to the efficiency and effectiveness of the organisation.
The next part of this process involves looking at the external factors which can change the environment. The external environment is everything which influences how an organisation operates short and long-term. The long-term is termed the working environment while the short-term is termed the working time. External factors have an effect on the working environment both directly and indirectly. Direct effects refer to those things which you can do to improve your organisation, and those things which can be done to reduce the impact.
Indirect influences are the results of other factors which are already present in the environment. For example, technological developments and changes occur because of improvements in other aspects of the business, like the market or company products and services. However, it is difficult to predict exactly which factors will affect how things work for you. Similarly, the results of technological changes can vary tremendously from one area to another.
There are two main factors that affect how your organisation conducts business activities. These are known as objectives and motivation. Your objective is what you want to achieve in a specific period of time. For example, if you want to make a profit, your objective may be to expand your business. Or if you want to provide better service, your objective might be to increase productivity.
As mentioned above, technological factors have an indirect effect on the environment. For example, increased technological advancements mean that there will be greater demand for certain kinds of equipment and other products. At the same time, the production of these kinds of products will have a considerable impact on the cost of the raw materials. Some kinds of products may become obsolete very quickly. This means that the price of them will fall to a level where new entrants will find it hard to supply them.
Another indirect impact of technological change is on the organization's behavior and motivation towards achieving its objectives. The existence of a deadline may put additional pressure on the employees. Similarly, the presence of complex and unfamiliar situations can cause stress and create a negative impact on motivation and productivity. Certain kinds of external forces can add fuel to the fire. For example, a change in management style or a change in the company's structure and priorities can affect its willingness to take risks and adapt to changes in the environment.
In order to understand how external forces and the environment consist, you need to keep these three influences in mind. Firstly, they are the sum total of all the things that influence the performance and development of an organisation. You should also keep in mind the inter-relatedness of the various factors, which are usually called components. Finally, you must also keep in mind that one of the most powerful influences on the environment includes human behavior and motivation.
These forces can either be external (like natural disasters) or internal (such as company policies and practices). One of the more interesting aspects of understanding the business environment is understanding how these forces interact and what the implications are for the overall organization. This article will explore some of the ways this is done.
The first aspect of understanding the business environment refers to the internal factors. These include the people who are part of the organisation. These are the managers, administrators, top sales professionals and others who are involved in running the day-to-day workings of the organisation.(like BazooCam) Individual members of staff are a part of the internal environment, too, but are less important than those managers and employees with organisational status. The people who make up the key personnel of an organisation are called the key persons and they influence the performance of the rest by contributing to the efficiency and effectiveness of the organisation.
The next part of this process involves looking at the external factors which can change the environment. The external environment is everything which influences how an organisation operates short and long-term. The long-term is termed the working environment while the short-term is termed the working time. External factors have an effect on the working environment both directly and indirectly. Direct effects refer to those things which you can do to improve your organisation, and those things which can be done to reduce the impact.
Indirect influences are the results of other factors which are already present in the environment. For example, technological developments and changes occur because of improvements in other aspects of the business, like the market or company products and services. However, it is difficult to predict exactly which factors will affect how things work for you. Similarly, the results of technological changes can vary tremendously from one area to another.
There are two main factors that affect how your organisation conducts business activities. These are known as objectives and motivation. Your objective is what you want to achieve in a specific period of time. For example, if you want to make a profit, your objective may be to expand your business. Or if you want to provide better service, your objective might be to increase productivity.
As mentioned above, technological factors have an indirect effect on the environment. For example, increased technological advancements mean that there will be greater demand for certain kinds of equipment and other products. At the same time, the production of these kinds of products will have a considerable impact on the cost of the raw materials. Some kinds of products may become obsolete very quickly. This means that the price of them will fall to a level where new entrants will find it hard to supply them.
Another indirect impact of technological change is on the organization's behavior and motivation towards achieving its objectives. The existence of a deadline may put additional pressure on the employees. Similarly, the presence of complex and unfamiliar situations can cause stress and create a negative impact on motivation and productivity. Certain kinds of external forces can add fuel to the fire. For example, a change in management style or a change in the company's structure and priorities can affect its willingness to take risks and adapt to changes in the environment.
In order to understand how external forces and the environment consist, you need to keep these three influences in mind. Firstly, they are the sum total of all the things that influence the performance and development of an organisation. You should also keep in mind the inter-relatedness of the various factors, which are usually called components. Finally, you must also keep in mind that one of the most powerful influences on the environment includes human behavior and motivation.