Question: organizations environment includes factors that it can readily affect as well as factorsthat largely lay beyond its influence. The latter set of factors are said

organizations environment includes factors that it can readily affect as well as factorsthat largely lay beyond its influence. The latter set of factors are said to exist within thegeneral environment. Because the general environment often has a substantial influence onan organizations level of success, executives must track trends and events as they evolveand try to anticipate the implications of these trends and events.&&Executives rely on to organize factors within the general environment and to identify howthese factors influence industries and the firms within them. Wise executives carefullyexamine each of these six segments to identify major opportunities and threats and thenadjust their firms strategies. By using these 6 elements, show through examples how theseelements will be applied to an organisation

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!