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How do the external environment of an organization influence its strategic choices?
Wiki User
∙ 10y ago
The external environment, such as location and weather, influence the strategies that an organization will choose to make by affecting what they can feasibly do and what viewer audience base they can reach.
Wiki User
∙ 10y ago
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What is Direct action and indirect action of external environment of organization?
The organization is going to be influenced by the laws that are placed on it. Consumer demand will also influence how the business is ran.
How a manager manages internal and external environment of the organisation?
A manager manages internal environment of the organization by keeping track of all the departments of the organization. A manager manages external environment of the organization by keeping track of all the customers, competitions and economy.
Factors outside an organization that influence the effective management of personnel?
The external business environment influences how managers manage their personnel. Another factor that influence effective management of personnel is government regulations, such as employee laws.
How strategic management is different from other type of management?
Strategic management enables managers to evaluate the organization's internal and external situation and decide future actions to take.
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.
What is an example of an organization's strategic response to its external environment?
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.
How can a decision maker identify strategic factors in the corporations external international environment?
how can a decision maker indentify strategic factors in the corporation external environment
How can a decision maker identify strategic factors in a corporation external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in a corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in the corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
What are the Internal and external environment of organization?
The internal environment of an organization encompasses factors such as company culture, leadership style, employee attitudes, and organizational structure. On the other hand, the external environment includes elements like market competition, economic conditions, technological advancements, regulatory factors, and societal trends that impact the organization's operations and performance. Both environments play a crucial role in shaping the organization's strategic decisions and overall success.
What is Direct action and indirect action of external environment of organization?
The organization is going to be influenced by the laws that are placed on it. Consumer demand will also influence how the business is ran.
What are the differences between internal and external environment?
The differences between internal and external environment is: Internal environment involve within the organization, which are the employee attitudes,new equipment,strategy,work forces. The organization has the control of these matters because it happen within the organization unless like external environment. AND for the external environment,is clearly stated with the word external itself which means outside of the organizations which effect the changes in the organization which the organization does not have the control of it. External environment are involved by the PESTLE- Politic, Economy, Social, Technology, Legal and Environment.
What is task environment?
It is a kind of external environment.It is closer to the organization and includes the sectors that conduct day-to-day transactions with the organization and directly influence its basic organization and performance.
Which environment is not an important dimension of a business organization's external environment?
the corporate cultural environment
How a manager manages internal and external environment of the organisation?
A manager manages internal environment of the organization by keeping track of all the departments of the organization. A manager manages external environment of the organization by keeping track of all the customers, competitions and economy.
What is the Strategic Context of Project means?
The strategic context of a project refers to the broader goals, objectives, and priorities of an organization within which the project is being undertaken. It involves understanding how the project aligns with the overall strategic direction and vision of the organization, as well as the external factors such as market conditions, competition, and regulatory environment that may impact the project's success. Understanding the strategic context helps in ensuring that the project delivers value and contributes to the organization's long-term success.
