INTERNAL AND EXTERNAL ENVIRONMENTAL FACTORS THAT INFLUENCE ORGANIZATIONAL DECISION MAKING
The organizational environment denotes internal and external environmental factors influencing organizational activities and decision-making. Every organization, whether business or non-business, has its environment.
The organizational environment is always dynamic and ever-changing. Changes today are so frequent and every change brings so many challenges that managers and leaders of the organization need to be vigilant about the environmental changes.
The environment of an organization consists of its surroundings – anything that affects its operations, favorably or unfavorably. Environment embraces such abstract things as an organization’s image and such remote visible issues as economic conditions of the country and political situations.
The environmental forces abstracts and visible need careful analysis. The systematic and adequate analysis produces the information necessary for making judgments about what strategy to pursue…..
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