Question: Question 2 Managing in a changing environment [20] The business or management environment comprises three sub-environments. Managers need to understand all these sub-environments to ensure

Question 2

Managing in a changing environment [20] The business or management environment comprises three sub-environments. Managers need to understand all these sub-environments to ensure that their decisions reflect changes in any of them (Smit et al. 2016:57).

Describe the micro-environment of your organisation and how it could have an influence on the management of the organisation. Use specific examples of the strengths and weaknesses of your organisation from your own working experience to highlight your discussion.

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!

In Figure the sloping line represents the opportunities for investment in the capital market and the solid curved line represents the opportunities for investment in plant and machinery. The...

Question 1: The evolution of management theory [20] The systems approach to management developed in the 1950s. This approach compensated for the two main limitations of the classical approach first,...

Page Vies Read aloud Draw List these advantages and disadvantages in your own words in table format. (10) Question 2 Managing in a changing environment [20] The business or managernent environment...

Question 2: Managing in a changing environment [20] The business or management environment comprises three different environments. Managers need to understand all of these environments and...

The business or management environment comprises three different environments. Managers need to understand all of these environments and sub-environments to ensure that decisions reflect changes in...

BMGT 488 Assignment Grading Rubrics Project Descriptions Always submit your best, most thoughtful work. Assignments should be well organized and should demonstrate the level of writing expected of...

[40 MARKS SECTION A Read the case study below and answer ALL the questions that follow. Using teamwork to build a better workplace Introduction In the business environment nearly all individuals...

Filter Show All Upcoming 18 hours 6:44 PM MGT/526: Managing In A Changing Environment Due: Wk 1 Assessment Prep: Organization Selection and Research Due Date: 7/29/25, 1:59 AM (CDT) Jul 18, 2025 2:11...

\fDivide the Project into Manageable Tasks Work Breakdown Structure: Critical -Definition of tasks and sequence Some can be performed in parallel, others must be sequential Gantt Chart: graphical...

Part A: Identify the supply chain management, customer relationship management, or e-procurement services that are used by PricewaterhouseCoopers or Federal Express. Under what circumstances might a...

The following is a complex coefficient Fourier series representation of the function h(t): |-1500 200e6.9813it +500ie' 13.9626it h(t) = Real -700e20.9440it +950ie?7.9253it -1250e 34.9066it...

Question 3 15 points A man promised to himself that he would buy his own house after 12 years. A reliable business offered to him a 25 cpd. semi-annually return to his investment. How much should he...

A tendency for fraud may exist when the granting of stock options is dependent on reaching an earnings goal. a . True b . False

Garrison Co. produces three products - X, Y, and Z - from a joint process. Each product may be sold at the split-off point or processed further. Additional processing requires no special facilities,...