BUSI 610 Chapter Notes - Chapter 4: Human Resources, Business Intelligence

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The organizational environment: everything that exists outside the boundary of the organization and has the potential to affect all or part of the organization. Domain: chosen environmental field of action, defines the organization"s niche and defines those external factors with which the organization will interact to accomplish its goals. Sector: subdivisions that contain similar elements, types (11, industry, raw materials, human resources, financial resources, market, technology, economic conditions, government, natural, sociocultural, international. Task environment: sectors with which the organization interacts directly and that have a direct impact on the organization"s ability to achieve its goal, sectors included (5, industry, raw material, market, human resources, international. General environment: those sectors that might not have a direct impact on the daily operations of a firm but will indirectly influence it, sectors included, government, natural, sociocultural, economic conditions, technology, financial. Ways the environment influence organizations (2: need for information about changes in the environment, need for resources from the environment.

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