BU398 Chapter Notes - Chapter 4: Reynolds Group Holdings, Pest Analysis, Netflix
Document Summary
Organizational environment is all elements that exist outside the boundary of the organization that have potential to affect all or part of the organization. Concept of environment in the discipline of organizational theory and design looks at the green environment only indirectly. Environment of an organization can be understood by analyzing its domain within external sectors (the chosen field of action) The domain is the territory an organization stakes out for itself for its products, services and markets served and external sectors organization will interact with to accomplish goals. Sectors can be further subdivided into task environment and general environment: task environment. Includes sectors that might not have a direct impact on daily operations of a firm but will indirectly influence it (includes government (european union), sociocultural sector (shifting demographics), technology sector (online software), financial resources, economic. Identify the political, economic, socio-cultural and technological factors that might affect the success of your business.
