Intrest rate fluctuation

Jun 28th, 2015
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Abilene Christian University
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In each of the five chapters as described above, every chapter has been scheduled in a manner so as to enable the reader to appreciate the contents easily. The report is supported by figures and data wherever necessary with a view to assist the reader in developing a clear cut understanding of the topic.

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Showing Page: 1/21
33-1TheOrganizationalEnvironmentIrwin/McGraw-HillThe McGraw-Hill Companies, Inc., 20003-2Organizational EnvironmentOrganizationalEnvironment: those forcesoutside its boundaries that can impact it.Forces can change over time and are made up ofOpportunities and Threats.Opportunities:openings for managers toenhance revenues or open markets.New technologies, new markets and ideas.Threats:issues that can harm an organization.economic recessions, oil shortages.Managersthreats.Irwin/McGraw-Hillmust seek opportunities and avoidThe McGraw-Hill Companies, Inc., 20003-3Forces in the Organizational EnvironmentFigure 3.1GeneralEnvironmentTechnologicalForcesGlobalForcesTaskEnvironmentCompetitorsSuppliersFirmSocioculturalForcesCustomers EconomicForcesDistributorsPolitical &Legal ForcesIrwin/McGraw-HillDemographicForcesThe McGraw-Hill Companies, Inc., 20003-4Task EnvironmentTaskEnvironment: forces from suppliers,distributors, customers, and competitors.Suppliers: provide organization with inputsManagers need to secure reliable input sources.Suppliers provide raw materials, components, and evenlabor. Working with suppliers can be hard due to shortages,unions, and lack of substitutes. Suppliers with scarce items can raise the price and are ina good bargaining position.Managers often prefer to have many, similar suppliers ofeach item.Irwin/

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