MGT 300 Lecture Notes - Lecture 6: General Agreement On Tariffs And Trade, Outsourcing, Individualism

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Global environment: the set of global forces and conditions that operates beyond an organization"s boundaries but affects a manager"s ability to acquire and utilize resources. Task environment: the set of forces and conditions that originates with suppliers, distributors, customers, and competitors and affects an organization"s ability to obtain inputs and dispose of its outputs. General environment: the wide-ranging global, economic, technological, sociocultural, demographic, political, and legal forces that affect an organization and its task environment. Suppliers*: individuals and organizations that provide and organization with eh input resources it needs to produce goods and services. Global outsourcing*: the purchase or production of inputs or nal products from overseas suppliers to lower costs and improve product quality of design. Distributors*: organizations that help other organizations sell their goods or services to customers. Customers: individuals and groups that buy the goods and services an organization produces. Competitors: organizations that produce goods and services that are similar to a particular organization"s goods and services.

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