answersLogoWhite

0

An organization's external environment is often out of the organization's control. One example of a strategic response to an organization's external environment is adapting its practices according to new laws that are out of their control.

User Avatar

Wiki User

10y ago

What else can I help you with?

Continue Learning about Finance

Modern manufacturing environment?

The modern manufacturing environment is characterized by: 1. intense international competition 2. rapid product innovation 3. turnover and obsolescence 4. increased use of automation 5. significant organizational changes (in response to new manufacturing technologies)


How Much Cash Do I Have To Commence A Business?

Writing the strategic business plan is a great way to determine the response to this. The detailed analysis of expenses and earnings will allow you to check the feasibility from the business, the breakeven point, and also the potential profitability from the business prior to making an economic commitment.


Features of tall organizations from that of flat organization?

Tall organization: A tall organization structure has many levels of management. Which is different from a Flat organization. Because there are so many different levels or management communication problems tend to occur. This also slows down the decision making. Because of some of the cons of tall organization a lot of companies are converting to flat organizations for faster responses and its better suited for rapid growth and change in a business environment. (http://dictionary.bnet.com/definition/tall+organization.html) Flat Organization: A flat organization unlike a tall organization it does not have the middle management levels and their functions have been eliminated. This allows the top management to be in direct contact with their frontline salespeople. This organizations allow a faster response time when conditions arrive. This also always changing to happen at a faster pace.


When negative external confirmation should be used?

If the question is about corporate communications: 1. Contradict untrue charges or claims against the company. 2. Point out things that are wrong and need correction. If this is about an audit confirmation, a negative confirmation means that no response is taken as a "no problem". Such a confirmation might say,"If this account balance is correct, no action in needed. If it is in error, please report..." This technique may be used to test balances held by or due to external parties.


What are some strategic considerations in establishing a pay structure at nutriment?

When establishing a pay structure at Nutriment, strategic considerations should include market competitiveness to attract and retain talent, internal equity to ensure fairness among employees, and alignment with the company's overall goals and values. Additionally, it's crucial to incorporate performance-based incentives to motivate employees and drive productivity. Regularly reviewing and adjusting the pay structure in response to industry trends and employee feedback can also enhance employee satisfaction and engagement.

Related Questions

How might changes in the external environment alter strategic initiatives?

Changes in the external environment, such as economic shifts, technological advancements, regulatory updates, or evolving consumer preferences, can significantly impact strategic initiatives. Organizations may need to adapt their strategies to remain competitive, pivot their offerings, or explore new markets in response to these changes. Additionally, external factors can create new opportunities or threats, prompting a reassessment of priorities and resource allocation. Ultimately, staying attuned to the external landscape is crucial for aligning strategic initiatives with current realities.


An animal is an immediate automatic response to an external stimulus?

An animal's immediate automatic response to an external stimulus will vary depending on the circumstance. When the external environment is stimulated there is a response that is triggered.


What external factor triggers a specific immune response?

an invasion of a microorganism from the external environment


What is strategic change?

Strategic Change:Strategic Change means changing the organizational Vision, Mission, Objectives and ofcourse the adopted strategy to achieve those objectives.Strategic change is defined as " changes in the content of a firm's strategy as defined by its scope, resource deployments, competitive advantages, and synergy"(Hofer and Schendel 1978)Strategic change is defined as a difference in the form, qualiity, or state over time in organization's alignment with its external environment (Rajagopalan & Spreitzer, 1997 Van de Ven & Pool, 1995).Considering the definition of strategic change, strategic change could be affected by the states of firms and their external environments. Because the performance of firms might dependent on the fit between firms and their external environments, the appearances of novel opportunities and threats in the external environments, in other words, the change of external environments, require firms to adapt to the external environments again; as a result, firms would change their strategy in response to the environmental changes. The states of firms will also affect the occurrence of strategic change. For example, firms tend to adopt new strategies in the face of financial distress for the purpose of breaking the critical situations. Additionally, organizations would possess structural inertia that they tend to keep their previous structure and strategy (Hannan & Freeman, 1984).However, the former research on strategic change has not shown expected empirical results. To explain the unexpected empirical results, Rajagopalan and Spreitzer (1997)suggests that the external environment could not be constantly decided; it would be decided depending on the decision maker's cognition of external environment. Therefore, the occurrence of strategic change would be related to their cognition of external environment.Based on the argument of Rajagopalan and Spreitzer (1997), the factors which affect decision maker's cognition of external environment would affect strategic change.


How firms interact to its environment?

Firms interact with their environment through a dynamic process of adaptation and response to external factors such as market trends, competition, regulatory changes, and consumer preferences. They gather information to make strategic decisions, engage with stakeholders, and innovate to meet evolving demands. Additionally, firms may influence their environment by advocating for policies, shaping industry standards, and collaborating with other organizations. This interaction is crucial for sustaining competitiveness and achieving long-term success.


How to conduct an external audit strategic-management audit?

To conduct an external audit as part of a strategic management audit, start by analyzing the external environment using frameworks like PESTEL (Political, Economic, Social, Technological, Environmental, and Legal) to identify opportunities and threats. Gather data on industry trends, competitor behavior, and market dynamics to assess how they impact the organization. Engage stakeholders for insights and use SWOT analysis to synthesize findings, ultimately aligning them with the organization's strategic goals. Finally, present recommendations to leverage strengths and mitigate weaknesses in response to external factors.


What part of the peripheral system gives us awareness and response to the EXTERNAL environment?

autonomic nervous system


What refers to making a course change due to shocks or evolution's in the strategic operational economic and technological sphere?

That process is known as strategic realignment, which involves adjusting a company's direction in response to changes in the external environment. It can involve reevaluating the organization's goals, redefining its strategies, and adapting its operations to stay competitive and relevant.


Which of these occurs when an organism responds to external or internal stimuli?

Anything in an organism's external environment that causes the organism to react is a stimulus. a reaciton to a stimulus is a response. The ability to respond to stimuli in the environment is an important characteristic of living things


What are the characteristics of four types of strategic controls?

Premise control: Focuses on assumptions underlying a company's strategy. Implementation control: Concerned with monitoring the execution of a chosen strategy. Strategic surveillance: Involves monitoring the external environment for changes that may impact the strategy. Special alert control: Activated in response to unexpected events or crises that require immediate attention.


Which system coordinates the body response to changes in its internal and external environment?

The nervous system coordinates the body's response to changes in the internal and external environments The sense organs are part of the peripheral nervous system..


An organisms ability to maintain stable internal environment in the midst external environmental change is known as what?

its called homeostasis. ;)