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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.
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macro mean big.And macro environment element are SOCIAL FACTOR ECONOMICAL POLITICAL FACTOR TECHNOLOGY
Explain the concept of Management Information System Describe various control processes being used in your organization or any organization you are familiar with Assess the effectiveness of thes?
Is getting people or employees together to accomplish desired goals or targets
These are the elements of internal business environment: · key business drivers (e.g. market indicators, competitive advances, product attractiveness, etc.); · the organiza…tion's strengths, weaknesses, opportunities and threats; · internal stakeholders; · organization structure and culture; · assets in terms of resources (such as people, systems, processes, capital etc); . intellectual assets like patents/ process knowledge · goals and objectives and the strategies already in place to achieve them.
a microscopic code in the cells that tells the cells what kind of organism to develop into.
Some elements included in a business environment are the business, its competitors, government, customers and suppliers. All of these elements affect the environment.
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 socia…l environment that can affect the operation of an organisation.
If there is anything that is stead fast and unchanging, it is change itself. Change is inevitable, and those organizations who do not keep up with change will become unstable,… with long-term survivability in question. There are things, events, or situations that occur that affect the way a business operates, either in a positive or negative way. These things, situations, or events that occur that affect a business in either a positive or negative way are called "driving forces or environmental factors." There are two kinds of driving forces; Internal driving forces, and external driving forces. Internal driving forces are those kinds of things, situations, or events that occur inside the business, and are generally under the control of the company. Examples might be as follows · organization of machinery and equipment, · technological capacity, · organizational culture, · management systems, · financial management · employee morale. External driving forces are those kinds of things, situation, or events that occur outside of the company and are by and large beyond the control of the company. Examples of external driving forces might be, the industry itself, the economy, demographics, competition, political interference, etc. Whether they are internal or external driving forces, one thing is certain for both. Change will occur! A company must be cognizant of these changes, flexible, and willing to respond to them in an appropriate way. External driving forces can bury a business if not appropriately dealt with. The question is, how does a business know what changes are occurring so that they can deal with them in a positive way. OK, that's the next issue. In order for a business to succeed and gain the competitive edge, the business must know what changes are indeed occurring, and what changes might be coming up in the future. I guess you might call this forecasting. Thus, critical to the business is what we call "informational resources." It is the collection and analyzation of data. Some examples of critical information might include the following: Competition (what are they doing?) Customer behavior (needs, wants, and desires) Industry out look (local, national, global) Demographics (the change populations, there density, etc.) Economy (are we peaking, or moving negatively) Political movements and/or interference Social environment Technological changes General environmental changes The above are just some issues organizations must be on top of. Well it's never easy, but businesses that are successful include all of the above (and more), to develop the appropriate tactics, strategies, and best practices, to ensure successful out comes.
A business environment are the internal and external factors that affect a business. Its elements include society, technology, regulations, economy and politics.
Is an environmental management system a framework that allows an organization to control the effects of its operations on the environment?
as this quetions is related to budh«gets, I will start by explaining what a budgets is and then the importance of controlling it. A budget is a Plan which show how much money… will be needed by a business and how that money will be used during a certain period. A budgetary control is process of comapring the actual expenditure with the budget amount for a certain periods. the diferences between them are called discrepancy or varinaces. Each department within a business is a llocated a budget and the concerned manager may possibly be held reponsible for any discrepancy on the budget. the discrepancy can be favourable or unfavourable but to ascertain wheter the discrepancy is favourable or not others aspects need to be taken into consideration. Budgetary control is importante in the sense that it allows to make sure that
Five elements to an external business environment include the political climate, competition, government regulations, changes in the economy, and industry changes. Externa…l environment business elements can be summarized as being unpredictable. Elements include the political climate or political changes that could affect how a business operates. How a business handles threats from their competition. An organization cannot control their competition and therefore they may have to adjust their business model in order to stay competitive. Another external element is adjusting and dealing with government regulations. Businesses need to make sure they are compliant with regulations and laws. Compliance is important because it can assist in avoiding damage or threats to their business profits and operation. For example, being fined for not being compliant with government regulations is a possible threat. Depending on the industry, another element is the state of the economy. Changes in the economy could include inflation and interest rates rising. Both can affect how consumers frequent certain types of businesses or how industries are affected economically.
Critical elements in business environment are key business drivers, strengths, weaknesses and oppertunities of an organisation and internation stakeholders.
Explain the element of micro-environment and macro-environment outline any two changes in the macro-environment?
explain the elements of the micro environment in brief?
because more people there are more trees we need and there is not enough tees!!!!! another reason- a place with a better environment attracts more people to want to live t…here rather then a place with a bad environment. Another reason would be that if someone had a job related to environment, they would move there for work