BUS 374 Chapter Notes - Chapter 4: Grater, Business Intelligence, Interlocking Directorate

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 374
• Professor: Adam Cotteral

Document Summary

Includes sectors with which the organization interacts directly and that have a direct impact on the organization"s ability to achieve its goals: typically includes the industry, raw materials and market sectors, and maybe human resources and international sectors. Includes those sectors that might not have a direct impact on the daily operations of a firm but will indirectly influence it: general environment includes the government sociologiocultural, economic conditions, technology, and financial resources sectors. International context: can directly affect many organizations, and it has become extremely important in the last few years, all domestic sectors can be affected by international events. Environmental uncertainty: the dimensions boil down to two essential ways the environment influences organizations, the need for information about the environment, the need for resources from the environment. Organization interacts with and is influence by numerous diverse and different. Instability may occur when competitors react with aggressive moves and countermoves regarding advertising and new products.