COMM 100 Lecture Notes - Lecture 2: Sustainable Design, Pest Analysis, Outsourcing
Document Summary
Organization- industry (organizations doing something similar to you- fashion, mining industries) Economic environment: economic environment- everything that happens in the world- Pest analysis: 1) political legal environment. Environmental regulation trade restriction and tariffs- pay if you importing something- therefore you are not supporting the own community- you are helping other community. People who are working in local able to buy from own community therefore supporting community in order to maintain community. Political stability (command community- government have power over organizations, market economy- government have less power (free power) international relationships- government have connections with other government in other places legal part- what a company can or cannot do. E. g. packaging in quebec- law that you must have packaging with english and french. Elections- who is in power- which party in power that will change concepts. Cutting down trade agreements: economic environment. Outsourcing- hiring 3rd party to do something for you. Offshoring- hiring someone that is outside of your boarder: positive:
