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Environment of Management

MGT 204 Principles of Management
Across
Another name for potential new competitors
The factors in other countries that affect the organization-not category specific
All the factors outside of the organization
Demographics and values of society
Another name for customers
Degree an organization understands and addresses stakeholder demands
Age, income, gender, education
Those that provide resources to us
Down
Goods or service that are used in place of those of our business
An example of a natural environment factor
Reflects complex interactions of economies the world over
Another name for the general environment
Also called industry and competitive environment
Affect of governments on an organization
An economic factor
A global factor
Rival firms
Those who purchase our goods and/or services