BUSI 3103 Chapter Notes - Chapter 4: Business Intelligence, Competitive Intelligence, Creative Accounting
Document Summary
Task environment: task environment: includes those sectors that the organization interacts with directly and have a direct impact on the orga(cid:374)izatio(cid:374)"s a(cid:271)ilit(cid:455) to a(cid:272)hie(cid:448)e its goals. Represents the environment of the industry in which a given organization operates. Represents the environment in which the organization sources its materials for production. Good to be aware of competitors and substitutes as well as operational changes to current industry occupants that may affe(cid:272)t (cid:455)our orga(cid:374)izatio(cid:374)"s a(cid:271)ilit(cid:455) to compete. Raw materials are necessary for the transformation process and any changes in the environment could negatively or positively impact that. Represents the environment in which the organization hopes to sell/provide its good/service. Ha(cid:448)e to adapt to (cid:272)usto(cid:373)er"s wants and needs or you might lose market share. Human resources represents environment in which the organization make their staffing decisions. Need employees with necessary skills and knowledge to do the job and accomplish goals. Represents grater international environment; can include general sectors.