The general environment of organizations consist of all external conditions that set the context for managerial decision making:
• Economic conditions
- overall health of economy in terms of financial markets, inflation, income levels, and job outlook
- Offshoring: outsourcing of jobs to (low...
The general environment of organizations consist of all external conditions that set
the context for managerial decision making:
Economic conditions
- overall health of economy in terms of financial markets, inflation, income
levels, and job outlook
- Offshoring: outsourcing of jobs to (lower-cost) foreign locations
- Reshoring: return of jobs from foreign locations (rising labor costs, higher
shipping costs, complicated logistics)
Legal-Political Conditions
- Existing and proposed laws and regulations, government policies, and the
philosophy and objectives of political parties
- Vary from one country to the next
- Not all countries stand up for international copyright (patent) and intellectual
property protection
- Internet censorship: the deliberate blockage and denial of public access to
information posted on the internet. (China, with twitter youtube)
Sociocultural Conditions
- Diversity issues relating to educational opportunity, access to technology,
housing options, job options and more.
- Norms, customs, demographic of a society and region. As well as social
values as ethics, human rights, gender roles, and lifestyle
- Generational cohorts – people born within a few years of one another and
who experience somewhat similar life events during their formative years.
- Baby Boomers are “digital immigrants”
- iGeneration are “digital natives” who grew up in technology homes, schools and
friendship. Multitasking, desire for immediate gratification, continuous contact
with others, and less concern.
- With high unemployment and big, wide gaps between the average workers
and executives, public values show more intolerance on executive pay.
Technological conditions
- Social media, features and “apps” on smart phones
- For employers technology gives potential problems, as well as opportunities.
It’s a fact that many employees spend a lot of time doing personal things
online. Some employers call this loss of productivity time.
- On the employee side of things, technology is often a factor in work-life
issues. Do you realize how easily it carries work responsibilities into our
nonwork lives?
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Vanesaorasanin. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.88. You're not tied to anything after your purchase.