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Friday, March 8, 2019

Organization within its environment Essay

Organization exist as part of a wider environment Or part of society and as such their watch by the environment in which their operate. It is usual to consider the environment through form of analysis known as pest analysis which has 4 main categories political this looks at the government involvement through decree that they provide outlining the legal frame work within which every logical argument must exist and taxation policy which are dependent on company success and therefore their profitECONOMIC Factors affecting the financial functioning of the placement and value of money in the economy which bequeath affect the ability to purchase as well as pay back goods n services . It looks at the potential growth in a economy and how the value of money changes as well as transactionSOCIAL This refers to factors affecting the population and supply of labour by expression at the influences on individuals whether their are employees or customers . It will look at the taste n pr eferences of plp in society, culture of plp the profile of the workin population nn the phone number of plp in the job market which influences expectations and behaviour at worktechnical Factors affecting the processes of production such as changes in computer engine room and communication and new manufacturing processesMANAGEMENT FUNCTIONS Management involves creating and internal environment in a business which makes use of the inputs or factors of production to be alter tp create outputs of goods and services .it is therefore the responsibility of focusing to create conditions that allows throng to perform to their best ability to be efficient and effective.MANAGEMENT is open to do this through their basic functions of planning organising directing amd controlling the organizations resources in order to achieve the goals of the companyMANAGEMENT THEORYOrganisations considered to be employee lie so they are likely to bemore productive and as a result become more profitable. Similarly employees who are mistreated are more likely to reject the policies of the organization. Based on this o.b helps to crumple how and why employees behave in a particular way and the domesticates of management thought provide different theory used for the of management. Each school of thought IS based on different assumptions about people and the organization for which they work and recogniseing of the developments of management thinking will help to understand the process of management that offer good employee benefits and have proper running(a) conditions.

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