BU398 Chapter Notes - Chapter 4: Network Virtualization, Competitive Intelligence, Learning Organization
Document Summary
Organization environment is composed of all elements that exist outside the boundary of the organization that have the potential to affect all or part of the organization. Its domain is the chosen field of action. The environment comprises several sectors or subdivisions of the environment that contain similar elements (e. g. industry, raw materials, human resources, market, technology, financial resources, economic conditions, government, sociocultural, and international). Task environment includes sectors with which the organization interacts directly and that have a direct impact on the organization"s ability to achieve its goals. Industry, raw materials, market sector and hr and international sectors. General environment includes sectors that might not have a direct impact on the daily operations of a firm but will indirectly influence it: government, sociocultural, economic conditions, technology, and financial resources sectors. International context: domestic sectors can be affected by international events, the environment for all organizations is becoming extremely complex and competitive from the growing importance of the international sector.
