Organization and Management Q2

consists of conditions and forces within the organization which consists of the owners, board of directors, employees, the organization’s culture, the physical work environment and the various departments that make up the organization

• Internal Environment

• External Environment

also called the immediate operational environment, has profound impact on the operations of a firm. It includes suppliers, competitors, distributors, customers, labor markets, and financial institutions

• Internal Environment

• External Environment

The owners of business are those who have legal property rights to business. Owners can be a single individual who establishes ad runs a small business, partners who jointly own the business, individual investors who buy stock in a corporation, or other organizations. These sets of people have a stake in the business and are mindful of how the business is being managed

• Owners

• Board of Directors

• Employees/ Managers

• Culture

A corporate board of directors is elected by the stockholders and is charged with overseeing the general management of the firm to ensure that it is being run in a way that best serves the stockholders interest.

• Owners

• Board of Directors

• Employees/ Managers

• Culture

An organization’s employees are also a major element of its internal environment. The employees are the workers who perform the day to day operation of the organization and ensure that work is being accomplished to achieve the organizations desired goal. These sets of people are being supervised and managed by the managers of an organization. Managers are responsible for combining and coordinating the resources of an organization including the workers to ensure that organizations achieve their goals.

• Owners

• Board of Directors

• Employees/ Managers

• Culture

This may be refer as culture of the organization which is the collective behaviour of humans that are part of an organization. The extent to which the culture of the organization is shared by all, leads to an important factor contributing to success.

• Owners

• Board of Directors

• Employees/ Managers

• Culture

These are individuals and companies that provide an organizations with the input resources (such as raw materials, component parts, or employees) that it needs to produce goods and services. In return, the supplier receives compensation for those goods and services.

• Suppliers

• Distributors

• Customers

• Competitors

are organizations that help other organizations sell their goods or services to customers. The decisions that managers make about how to distribute products to customers can have important effects on organizational performance. If distributors become so large and powerful that they can control customers’ access to a particular organizations’ goods and services, they can threaten the organization by demanding that it reduce the price of its goods and services.

• Suppliers

• Distributors

• Customers

• Competitors

They are individuals and groups that buy the goods and services of an organization. A customer may be an individual, an institution such as school, hospital and other organizations or government agency.

• Suppliers

• Distributors

• Customers

• Competitors

Organizations that produce similar goods and services to a organization. In other words, competitors are organizations that compete for the same competitors. In the Philippine communication industry, Globe Telecom competes with other communication firms such as Smart or PLDT. A high level of rivalry often results in price competition, and fallen prices reduces access to resources and lower profits.

• Suppliers

• Distributors

• Customers

• Competitors