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What are the components of the general environment in business?
economic environment ..social environment and political environment
Discuss why the economy is an important component of the general environment?
The economy is an important component of the general environment as it affects the environment directly. With increased productivity which makes the economy better, the environment is polluted and suffers greatly.
Explain how the general environment and the industry environment are highly related how can such relationship affect the profitability of a firm or industry?
The general environment includes factors like economic conditions, socio-cultural trends, and technological advancements that can impact the industry environment, which consists of competitors, suppliers, and buyers. Changes in the general environment can create opportunities or threats in the industry environment, influencing the profitability of a firm or industry. For example, a recession in the general environment may lead to reduced consumer spending in the industry environment, affecting sales and profitability.
In the systems approach application of General Systems Theory what are the two facets of the environment?
External Environment and Cognitive Environment
Describe the components of the specific and general environment?
These have many components that you may be familiar with. The general environment is just where you live and the specific will be like your home or your work.
Major trends in the general environment - marks and Spencer?
gkhmhk
What is cultural environment?
The term 'cultural environment' functions as a general term referring to an environment that has been developed from various stages in culture interacting with nature.
What is a Culture-environment?
The term 'cultural environment' functions as a general term referring to an environment that has been developed from various stages in culture interacting with nature.
Do the forces typically arise in the task environment or the general environment?
Forces typically arise in both the task environment and the general environment, but they differ in their nature and impact. The task environment includes specific entities like competitors, suppliers, and customers that directly affect an organization’s operations. In contrast, the general environment encompasses broader societal factors, such as economic, political, and technological trends, which indirectly influence the organization. Both environments are crucial for understanding the dynamics that affect business strategy and decision-making.
What is the general term of the environment in which an infectious agent grows and thrives in is its?
Reservoir.
What is the general purpose ot the sensory nervous system?
To get information from the environment.
What is a component of Coca Cola's specific environment and will directly influence how it does business?
Socialoolgy The general environment of Coca Cola
