Description
A company’s strategic position is concerned with the impact of the external environment on strategy. The organization exists in the context of a complex social, technological, environmental and political world. Identify and discuss a selection of environmental variables that have affected Turul's actual business positions. How have these external variables impacted the attitudes and approaches of its employees? Be specific.
Explanation & Answer
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Running Head: ENVIRONMENTAL VARIABLES THAT IMPACT THE ORGANIZATION
Environmental variables that impact the organization
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ENVIRONMENTAL VARIABLES THAT IMPACT THE ORGANIZATION
Introduction
Turul Winery is required to have an external positioning to compete favorably in
the market. External factors in the business environment impact the decision-making
process of an organization. Turul Winery seeks to attract customers in the current
economic dispensation. Technological advancement in the society should be factored into
the industry. Efficient operations need to be prioritized to ensure the company is viable.
Turul Winery is an organization that is i...