Management-LECTURE 4 The External and International Environment of Management

External environment: Everything outside an organisation that might affect it. –General environment: Broad dimensions/forces in an organisation’s surroundings, creating its overall context. –Task environment: Specific organisations or groups that affect the organisation. •Internal environment: The conditions and forces within an organisation.Political-legal dimension •Economic dimension •Socio-cultural dimension •Technological dimension •International dimension •Impacts are vague, imprecise and long term. •Cannot be influenced by organisations....