33:620:301 Chapter Notes -Human Capital, World Trade Organization, North American Free Trade Agreement
9 Apr 2014
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Document Summary
A global organization is one that operates and competes in more than 1 country. The global environment is a set of forces and conditions in the world outside an organization"s boundary that affect how it operates and shape its behavior, affects manager"s ability to acquire and utilize resources. Manager needs reliable supply of input resources. If supplier has strong bargaining power this can present an issue to managers because suppliers can raise input prices. Supplier power is strong when: supplier is sole source of an input and when input is vital to the organization. Organization"s success depends on responsiveness to customers: competitors: organizations that produce goods and services that are similar and comparable to a particular organization"s goods and services. Potential competitors are organizations that are not presently in a task environment but have the resources to enter if they so choose.
