The environment is complex, dynamic, and multi-faceted. It consists of many interconnected factors that are constantly changing and can be perceived differently. The environment has a far-reaching impact on organizations as any changes can affect them in various ways and influence their growth and profitability.
The environment is complex, dynamic, and multi-faceted. It consists of many interconnected factors that are constantly changing and can be perceived differently. The environment has a far-reaching impact on organizations as any changes can affect them in various ways and influence their growth and profitability.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
The environment is complex, dynamic, and multi-faceted. It consists of many interconnected factors that are constantly changing and can be perceived differently. The environment has a far-reaching impact on organizations as any changes can affect them in various ways and influence their growth and profitability.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
OF FACTORS, EVENTS, CONDIDTIONS & INFLUENCES ARISING FROM DIFFERENT SOURCES .ALL THESE DONOT EXIST IN ISOLATION, BUT INTERACT WITH EACH OTHER TO CREATE AN ENTIRELY NEW SETS OF INFLUENCES. ENVIRONMENT IS DYNAMIC THE ENVIRONMENT IS CONSTANTLY CHANGING IN NATURE. DUE TO THE VARIED INFLUENCE OPERATING, THERE IS DYNAMISM IN THE ENVIRONMENT CAUSING IT TO CONTINUOUSLY CHANGE ITS CHARACTER. ENVIRONMENT IS MULTI-FACETED
WHAT SHAPE & CHARACTER AN ENVIRONMENT
ASSUMES DEPENDS ON THE PERCEPTION OF THE OBSERVER. A PARTICULAR CHANGE IN THE ENVIRONMENT, OR A NEW DEVELOPMENT, MAY BE VIEWED DIFFERENTLY BY DIFFERENT OBSERVER. THIS IS FREQUENTLY SEEN WHEN THE SAME DEVELOPMENT IS WELCOMED AS AN OPPORTUNITY BY ONE COMPANY WHILE ANOTHER COMPANY PERCEIVES IT AS A THREAT. ENVIRONMENT HAS FAR- REACHING IMPACT THE GROWTH & PROFITABILITY OF AN ORGANISATION DEPENDS CRITICALLY ON THE ENVIRONMENT IN WHICH IT EXISTS. ANY ENVIRONMENTAL CHANGE HAS AN IMPACT ON THE ORGANISATION IN SEVERAL DIFFERENT WAYS.