BSA Study Guide - Multinational Corporation, Money Supply, Consumerism
Document Summary
Forces or elements of the firm and its environment. The macro-environment comprises organization"s surroundings that have a possible effect on the organization"s objectives. The effect of macro-environment is not direct to the organizational environment and has limited impact on these elements of the environment. While the population decreases, we also expect decrease in demand. There are firms who also creates strategies that will aid them capitalize on the aging population: rising educational levels educational level of the population where the organization belonged can also affect the organization. Higher educational levels means that the people are earning higher income and that would increase their purchasing power. When possible workers have higher educational levels, they chooses workplace with good working conditions, stable employment and opportunities for growth. Norms and values the accepted standard of behavior and the attitude between right and wrong is different in every community and across time.
