MHR 841 Lecture Notes - Lecture 4: Business Intelligence, Network Virtualization, High Tech

• School: Ryerson University
• Department: Human Resources
• Course: MHR 841
• Professor: Agnes Meinhard

Document Summary

Changes in the environment, such as the appearance of a new business model, can create both threats and opportunities for organizations. Purpose of the chapter is to develop a framework for assessing environments and how organizations respond to them, the following will be identified: In a broad sense, the environment is infinite and includes everything outside the organization; however our analysis considers only the aspects of the environment to which the organization is sensitive and must respond to survive: Industry, raw materials, human resources, financial resources, market, technology, economic. Conditions, government, socio-cultural, and international: these setors can be further subdivided into the task environment and the general environment, task environment. Industry sectors; netflix coming into the market virtually wiped out home rentals and now is threatening cable tv: raw materials sectors; the beverage can sector was once owned by steelmakers, then an.