External factors - factor affecting productivity improvement, Operation Management

Assignment Help:

External Factors - Factors Affecting Productivity Improvement

As was previously stated, the organisation has no direct control over external factors, be they government policy, climate or social trends.

Since they do, however, have an impact upon the way in which the company operates, it is essential that management can appreciate their possible impact upon the firm. As in the previous discussion on internal factors, external factors may also be sub categorised, in this case into three categories: 

  • Structural adjustments
  • Natural resources
  • Government and infrastructure.

 

Since government is the de facto leader in industrial improvement and due to the impact that productivity may have at a national level, it is in the interest of all governments to find ways in which they can ease the path of companies towards the goal of higher productivity.


Related Discussions:- External factors - factor affecting productivity improvement

What is communication in an organisation structure, What is Communication i...

What is Communication in an organisation structure. Communication: An organisation structure gives channels for the flow of information on that the decisions of the organisat

#titCAREING FOR TODDLERle.., HOW TO CARE FOR A TODDLERn #Minimum 100 words ...

HOW TO CARE FOR A TODDLERn #Minimum 100 words accepted#

Describe potential key changes in technology, Discuss potential key changes...

Discuss potential key changes in technology, communications, and competition that Sigma will face in the future. Which will have the most impact on Sigma future marketing strategie

Ethics, An airplane manufacturer has spent a great deal of money developing...

An airplane manufacturer has spent a great deal of money developing a new airplane. The company badly needs cash because it is financially overextended. If it does not get large or

Explain what is a decision, In your readings you were shown sources where d...

In your readings you were shown sources where decision tools can be found. Please refer to the "What is a Decision?" lecture and select "Click to Explore." In the list provided, yo

Explain diagnostic equipment and communications, Last year, the manager of ...

Last year, the manager of the service department at East Woods Ford instituted a customer opinion program to find out how to improve service. One week after service on a vehicle wa

Explain use debt financing, If you decide to use debt financing, which kind...

If you decide to use debt financing, which kind of loan, fixed-rate or variable-rate, would you prefer? Why? If you decide to use equity financing, where would you find equity f

Explain process-improvement efforts, Until the start of the 1980s, most U.S...

Until the start of the 1980s, most U.S. companies focused on maintaining quality levels by utilizing which of the following practices? Process-improvement efforts Design-qual

Examine netflix''s current strategy, Evaluate Netflix's current strategy an...

Evaluate Netflix's current strategy and determine if the strategy is sustainable. Identify a Netflix strength may be leveraged in the market place to ensure a competitive advantage

Explain when great technological projects, Superior expertise about how tec...

Superior expertise about how technologies work does not guarantee superior judgment about how they should be used, regulated, or governed. As technology becomes more sophisticated,

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd