COMMERCE 1BA3 Study Guide - Final Guide: Flat Organization, Byrsonima Crassifolia, Chemical Industry
18 Dec 2018
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The open systems perspective take inputs from the external environment, transform some of them, and send them back into the environment as outputs. The closed system perspective is views organizations as relatively independent of environmental influences: describe with examples, the six components of the external environment. The general economy: organizations that survive through selling products or services often suffer from an economic downturn and profit from an upturn. Customers: all organizations have potential customers for their products and services. Suppliers: organizations are dependent on the environment for supplies, which include labour, raw materials, equipment, and component parts. Competitors: environmental competitors vie for resources that include both customers and suppliers. Social/political factors: organizations cannot ignore the social and political events that occur around them. Technology: the environment contains a variety of technologies that are useful for achieving organizational goals. Environmental uncertainty exists when an environment is vague, difficult to diagnose, and unpredictable.
