MSCI311 Lecture Notes - Lecture 4: Msci, Me Too Movement, Water Scarcity
29 Apr 2019
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Msci 311 module 4 organizational environment. What constitutes an organization"s environment: general environment: all factors that can potentially influence all or parts of the organization, ecological, cultural, economic, legal, sociological, political, market. Examples of factors: ecological, climate change, affected farmers, delivery companies, airports, water scarcity, cultural, mental health, #metoo, economic, exchange rates, supplier agreements, upcoming recession, disruptive technologies, legal, trump effect, cannabis decriminalization, sociological, crime, political, sanctions, tariffs. Imports/exports: steel industry, priorities, business for lockhead martin, china/canada, market. Task environment: subset of all factors that are relevant to organizational goal setting and goal attainment (i. e. factors of the general environment that are of concern to the organization, examples: customers, suppliers, competitors, government. How would you judge the uncertainty of the environment of the university of waterloo: high complexity: long list of factors, low stability: Organizational set: set of other organizations in the task environment, with which the organizations in the task environment, with which the organization interacts:
