Business environment-specific and general environment , Business Management

Required:

Research the external and internal business environments for the business you have chosen.  You should use your text book or another reputable Management text book to identify the environmental factors that affect any business organisation.  You then should use this knowledge to investigate the business environment of the specific business you have chosen.  The businesses operate in different industries having a Specific Environment for each.  The General Environment impacts on all businesses and any changes will have a mixture of good, bad or indifferent outcomes on the business you choose.  Your objective is to understand how managers' behaviours adapt the business operations to changes in the external and internal environments.

Part One - The Specific Environment

The Specific Environment (has four (4) components - see pages 83 to 85 of the course textbook) for more information about them.  These factors influence directly managers' behaviours: read chapter 3 of your textbook.

One (a)Referring to the four (4) components of the Specific Environment as they relate to the business you have chosen from the list above identify and describe two (2) examples for each component that have changed significantly over the last five (5) years.(220 words) 

 You must explain why this change is relevant to the business and describe the impact it has had on the business. (8 examples required:  total 300 words).

One (b) Choose only one (1) example of a change out of the Specific Environment components and suggest one suitable response by a business manager that would ensure the business adapts successfully to that change.  Your answer should be realistic and explained sufficiently. 

Part Two - The General Environment

The General Environment (six components) - see pages 85-89 of the course text book:

Two (a) Research the components of the general environment as they relate to the business chosen and describe one example, for each component, of a change that has had an impact on the business within the last five (5) years. 

Two (b) Describe the actions of a manager that could help the business successfully adapt to each of the changes you have described in Two (a) above.

Part Three - The Internal Environment of the Organisation (Organisational Culture)

"Organisational culture - the shared values, principles, traditions and ways of doing things that influence the way organisational members act."   Robbins et al, page 94

Three (a)   Describe the following two (2) terms taken from the above explanation and give an example to illustrate how each could occur in the business you have studied:

  • "a shared value"
  • " a tradition"

Three (b) Managers use the internal culture of the organisation to communicate to staff how staff should do their job at the business.

Describe how you, the manager of the business, would use two (2) different forms of visible organisationl culture to encourage staff to learn to be "innovative" and expect, and cope with change.  (Look in your text book to see how managers encourage innovation). (1120 words approx)

Three (c) Describe how you, the manager of the business chosen would use two (2) aspects of the invisible internal culture to ensure staff learn to be "innovative" and expect changes, and cope with those changes at the business you have chosen.  (Look in your text book for how managers encourage innovation).

Posted Date: 3/2/2013 6:12:03 AM | Location : United States







Related Discussions:- Business environment-specific and general environment , Assignment Help, Ask Question on Business environment-specific and general environment , Get Answer, Expert's Help, Business environment-specific and general environment Discussions

Write discussion on Business environment-specific and general environment
Your posts are moderated
Related Questions
Question: Price is the only element of the marketing mix which generates revenue, the other elements being all associated with costs. Hence its determination is crucial for any

Breakdown of what MBO is all about

Question 1: (a) "Conflict in organizations can be both functional and dysfunctional." Critically discuss the statement illustrating your answer with examples. (b) Explain h

QUESTION Many business people tend to forget the importance of the internal environment for the success of their organisation. They rather give more importance to the impact of

10. State Z’s automobile manufacturing industry is one of the largest and most highly regarded in the world. The industry is concerned that it may lose some of its domestic market

THE CONCEPT OF SEGMENTATION IN APPLE'' COMPANY IN ORDER PLEASE

b. A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y pape

INFORMATION SYSTEM FOR BUSINESS OPERATION.

Using the diagram below, describe how legacy systems have contributed to the emergence of information islands within large organisations. What are the information flow pr

(i) Compare the categories of electronic commerce and explain how e-commerce is changing consumer retailing and business to business transactions. (ii) Describe the term ‘e-pro