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Lecture Introduction to management - Lecture 7

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After studying this chapter you will be able to understand: Internal vs. external environment, characteristics of external environment, general environment, specific environment, internal environment,. | Introduction to Management LECTURE 7: Introduction to Management MGT 101 1 Introduction to Management In lecture 6 we discussed Topics from Chapter 3: Omnipotent view of management Symbolic view of management The organizational culture How employees learn culture ? 2 Introduction to Management (Chapter 3) Today in Chapter 3 we will discuss Internal vs. External Environment Characteristics of External Environment General Environment Specific Environment Internal Environment 3 Introduction to Management (Chapter 3) Chapter 3: Organizational Culture & Environment 4 Introduction to Management (Chapter 3) Internal Vs. External Environment 5 Introduction to Management (Chapter 3) 6 Internal Environment Consists of the trends and events within an organization that affect the management, employees, and organizational culture important because it affects what people think, feel, and do at work organizational culture is the set of key values, beliefs, and attitudes shared by organizational members Introduction to Management (Chapter 3) 7 External Environment Those factors and forces outside the organization that affect the organization’s performance. Introduction to Management (Chapter 3) Characteristics of External Environment 8 Introduction to Management (Chapter 3) 9 Components of the External Environment Specific environment: external forces that have a direct and immediate impact on the organization. General environment: broad economic, socio-cultural, political/legal, demographic, technological, and global conditions that may affect the organization. Introduction to Management (Chapter 3) 10 Introduction to Management (Chapter 3) 11 Environmental Change Environmental Complexity Resource Scarcity Uncertainty Characteristics of Changing External Environments Introduction to Management (Chapter 3) 12 Environmental Change is the rate at which a company’s environments change stable environments dynamic environments Introduction to Management (Chapter 3) 13 Punctuated . | Introduction to Management LECTURE 7: Introduction to Management MGT 101 1 Introduction to Management In lecture 6 we discussed Topics from Chapter 3: Omnipotent view of management Symbolic view of management The organizational culture How employees learn culture ? 2 Introduction to Management (Chapter 3) Today in Chapter 3 we will discuss Internal vs. External Environment Characteristics of External Environment General Environment Specific Environment Internal Environment 3 Introduction to Management (Chapter 3) Chapter 3: Organizational Culture & Environment 4 Introduction to Management (Chapter 3) Internal Vs. External Environment 5 Introduction to Management (Chapter 3) 6 Internal Environment Consists of the trends and events within an organization that affect the management, employees, and organizational culture important because it affects what people think, feel, and do at work organizational culture is the set of key values, beliefs, and attitudes shared by organizational .

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