Organizational Resources represent all resources available to the organization and necessary for the performance of its activities. In this resource are included: Human Resources: represent all people (as well as […]
Organizational Structure An organizational structure is defined as “a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports to within the organization.” […]
An organization’s internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior. Although some elements affect the organization […]
Micro environment factors are factors close to a business that have a direct impact on its business operations and success. Before deciding corporate strategy businesses should carry out a full […]
Dimensions of business environment mean all the factors, forces and institutions which have direct or indirect influence over the business transactions. General Environment is the most important dimension of business […]
“Business Environment encompasses the -climate’ or set of conditions, economic, social, political or institutional in which business operations are Conducted.”—Arthur M. Weimer “Environment contains the external factors that create opportunities […]
One of the first decisions that you will have to make as a business owner is how the business should be structured. All businesses must adopt some legal configuration that […]
Objectives represent the purpose for which an organization has been started. Objectives guide and govern the actions and behaviour of businessmen. According to William F. Glueck, “Objectives are those ends […]
The word business simply means “The state of being busy“. It confines its study only to those human activities in relation to exchange of goods and services for money. The […]
