Yes
components of business 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.
One of the reasons managers try to understand the environment in which their business operates is because this can help them understand their local clienteles needs and expectations. It can also help a business to advertise more effectively.
A project manager needs to understand both to be able to analyze and distinguish the difference and the appropriate time to use either.
components of business environment
External and internal environment directly effects the decision making of the manager. Let's understand it with the help of an example. Xyz company manager has arrived at office during snow in London. Due to heavy snowfall (External Environment) staff or subordinates of managers have not reached the home. Manager has to discuss some urgent business deals with his staff. This is the way how managers are affected by external environment factors.
How a manager manages internal and external environment of the organisation?
External and internal environment directly effects the decision making of the manager. Let's understand it with the help of an example. Xyz company manager has arrived at office during snow in London. Due to heavy snowfall (External Environment) staff or subordinates of managers have not reached the home. Manager has to discuss some urgent business deals with his staff. This is the way how managers are affected by external environment factors.
Cbs?
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.
A traditional manager is largely reactive making decisions, implementing plans based on the input of those above them, around them or in the external environment.
Whatever occurs (changes) in the external environment will inevitably affect what must occur within the internal environment as a result of change. Thus, the manager must choose among all the resources available to adapt to that change in the most appropriate way to stay the course of achieving the organizations primary goals and objectives.
One of the reasons managers try to understand the environment in which their business operates is because this can help them understand their local clienteles needs and expectations. It can also help a business to advertise more effectively.
Whatever occurs (changes) in the external environment will inevitably affect what must occur within the internal environment as a result of change. Thus, the manager must choose among all the resources available to adapt to that change in the most appropriate way to stay the course of achieving the organizations primary goals and objectives.
by his intellect.....!!
Both are important for a manager, but actively listening is often more crucial. Active listening helps the manager understand their team's needs, concerns, and feedback, fostering trust and collaboration. Speaking accurately is important for clear communication, but without active listening, communication can be one-sided and less effective.