Monday, May 6, 2019
Business Administration Capstone class Essay Example | Topics and Well Written Essays - 1000 words
Business Administration Capstone class - probe ExampleFactors influencing organizations or businesses can be broadly classified into two i.e. external and internal environmental factors. The internal environment of an organization defines the actual working mechanism of the organization. It encompasses factors such as the organizational culture, employees policy, and in a nut-shell the factors which are internal to the organization that is the strengths and weaknesses of an organization (Dess, Lumpkin & Eisner, 2010). This is in contrast to the external factors. The external factors hold the opportunities and the threats that are invest in the external environment for the organization.At all times an organization is face by either Opportunities or threats, or both. These two factors not only present challenges to an organization, but likewise a long-term strategy that may assist an organization grow or prosper (SWOT Analysis, n.d.). For example, scientific changes, consumer cu lture and the state policies present both opportunities and threats to organizations.Generally, opportunities present for a firm may also present similar threats. This is because at any instance they influence both external and internal environmental chemical reactions. This reaction is what actually dictates the definition of a threat or an opportunity to a business. For example, government policy may be a threat or opportunity depending whether it favors or threatens an organizations objectives.The value range analysis of the Stilsim company indicates that the company is surrounded by a number of threats and opportunities that are likely to print the productivity and hence the future of the organization.StilSim Company has numerous opportunities to better its services, however, the number of threats facing the company off the beaten track(predicate) out way the current opportunities available for the company survive the harsh
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