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Dwnload Full Essentials of Contemporary Management Canadian 5th Edition Jones Solutions Manual PDF
Dwnload Full Essentials of Contemporary Management Canadian 5th Edition Jones Solutions Manual PDF
Essentials of Contemporary
Management Canadian 5th Edition
Jones Solutions Manual
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CHAPTER TWO
MANAGING THE ORGANIZATIONAL ENVIRONMENT
INSTRUCTOR MANUAL
In this chapter, we explore the nature of the external forces—the forces and conditions
that operate beyond an organization’s boundaries but affect a manager’s ability to acquire and
utilize resources. The two levels of the external environment, often referred to as the specific
and general components, create opportunities and threats managers must deal with and thus
affect the way organizations plan, organize, lead, and control resources to achieve
organizational goals. We discuss the ways that managers can adjust and respond to forces in
the organization’s environment to capitalize on opportunities and minimize threats. By the end of
the chapter, you will understand the steps managers must take to ensure that organizations
adequately address and appropriately respond to the external environment to meet the
challenges they face in the global economy.
LEARNING OUTCOMES
LO1 Explain why the ability to perceive, interpret, and respond appropriately to the
organizational environment is crucial for managerial success.
LO2 Identify the main forces in an organization’s external environment and the challenges these
forces present to managers.
LO3 Explain the changes in the global economy that lead to opportunities and threats.
LO4 Explain the ways managers can minimize threats and uncertainty from forces in the
external environment.
LO5 Evaluate the major challenges managers face in gaining a competitive advantage in the
global economy
KEY TERMS
Lecture Outline
Opening Case Questions from the text: Answer can be found on page 74 of the text.
Globalization: is the set of specific and general forces that work together to integrate and
connect economic, political and social systems across countries, cultures, or geographic regions
so that nations become increasingly interdependent and similar.
I. Explain why the ability to perceive, interpret, and respond appropriately to the
organizational environment is crucial for managerial success.
II. Identify the main forces in an organization’s external environment and the challenges
these forces present to managers.
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