MB105 Lecture Notes - Lecture 7: Intangible Property, International Trade, Double Taxation
Document Summary
The external environment (what occurs outside the organization) consists of micro and macro factors, including the microenvironment and the macro environment. The microenvironment may be defined as including groups and organizations that have a direct relationship with the business and have a direct interest in the activities of the company because they are clearly affected by its actions. The macro-environment the external environment over which the organization can exert little influence. Often referred to as pest (political-legal, economic, socio-cultural, technological) The public business sector includes goods and services produced delivered, and allocated by the government and public sector organizations (publicly controlled government business enterprises) The private business sector includes goods and services produced and delivered by private individuals or groups as a means of enterprise for profit. The sector is not controlled by the government. The non-profit and voluntary sector includes non-governmental, non-profit organizations that receive support from individual canadians, governments, and businesses.