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Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation. Briefly describe any FIVE (5) changes in the social environment that can affect the operation of an organisation.
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Explain any controllable elements of the business environment that effect growth in an organization?
According to a definition on the link provided here>> http://www.quantum3.co.za/CI%20Glossary.htm#B, it clearly defines the meaning of a business environment, which is the foundation to begin with before answering the question. it defines a business environment as " encompasses all those factors that affect a company's operations, and includes customers, competitors, stakeholders, suppliers, industry trends, regulations, other government activities, social and economic factors, and technological developments" However, the definition given is very general, it does not distinguish or point out which elements are controllable and which are not. To my own understanding, controllable elements, also known as internal elements, are those which are within the organization which are eligible to controlling the operation of an organization, which includes the management, the hierarchy of the business, the personnel, the missions and visions of the organization and etc. The rest is for you to find out.
Explain elements of business environment?
A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.
What is a bussiness environment?
its a set of all elements that exist both from within and outside the business environment
What are the four elements of the international business environment?
There are more than four elements of the international business environment. Some of them are economic development, monetary and fiscal policies, the legal environment, and cultural concerns. Others include the political environment, and ecological issues.
What is 5 elements of internal business environment?
Product attractiveness, opportunities, organizational structure, intellectual assets, and internal stakeholders are the 5 elements of internal business environment. Another element is key business drivers such as market indicators.
What are the economic factors affecting a business environment?
Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation
What are the economic factors affecting business environment?
Economic factor that affect businesses: 1. Income 2. Inflation 3. Recession 4. Interest Rate 5. Exchange Rate There are four major elements that affect business environment. The elements are: 1. Economic growth 2. The business cycle 3. Employment and unemployment 4. Inflation
What are the Main elements that make up the business environment?
Internal component of business enviorment consists of Resourses, Capabilities, Core Competencies and Strategic competitiveness withing any organisation.Market environment consist of all factors that in one way or another affect or affected by the organization desicion.there are external and internal factors.Internal factor , these involve (5M's)ManagementManpowermachinematerial andmoney.External factors , these includeMacro factor and micro factors.Macro factors are the one that affect the organization indirectly, these are (pestel)Politicalenviromentsocia-culturaltechnological andEcologicalleagalwhile micro factors are those which affect the organization directly it involvecustomerscompetitorssuppliers andpublic
What are the socio-cultural elements of an environment?
Language, aesthetics, education, religion& superstitions,attitudes, values, material culture, technology, social groups & organizations, business custom practices
1 How does socio cultural environment influence the international business Discuss the elements of culture?
The sociocultural environment can impact international business through factors like language, customs, values, and attitudes towards work. Elements of culture include language, religion, values, norms, attitudes, manners, and customs. Understanding and adapting to these elements is crucial for successful international business operations.
What are the elements of plays?
Exposition, Rising Action, Climax, Falling Action, Resolution/Conclusion
What are six main elements in the business intelligence environment?
The six elements in the BI environment are pre-defined production reports, parameterized reports, dashboards and scorecards, ad hoc queries and searches, the ability to drill down to detailed views of data, and the ability to model scenarios and create forecasts.
