Firm which systematically analyzed and diagnose the environment

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Transcript of Firm which systematically analyzed and diagnose the environment

MADE BY ReeshabhMohitAkashParth

Firm which systematically analyzed and diagnose the

environment are more effective then those which didn't ?

INTRODUCTION

Definition of business.Definition of environment & business environment.

Characteristic . Objective .

The word Business means employment, trade, profession or occupation; a task , commercial activity; a commercial or industrial concern etc. that’s why the term “Business” is used in different senses.

BUSINESS

BUSINESS CHARACTRISTICS

1.Exchange of Goods or Services for income.

2.Recurring Activities.

3.Profit motive.

4.Risk.

. Objectives may be defined as “those ends which the organization seeks to achieve by its exists and operation .

OBJECTIVES

OBJECTIVE

ECONOMIC SOCIAL

1. Justify the organization 2. Provide direction 3. Basis for management by

objectives4. Help strategic

planning/management5. Provide standards for

assessment and control6. Help coordination7. Help decentralization

IMPORTANCE OF OBJECTIVES

BUSINESS ENVIRONME

NT

INTERNAL ENVIRONME

NT

EXTERANAL ENVIRONME

NT

InternalEnvironment

Human resources

Promoter’s valueVision, Mission &

Objectives

Management structure

Inter power relationship

Image/Brand equity

Marketing capabilities

External Environment

Micro Environment

Customers Publics

Suppliers Financiers

CompetitorsMarketing

intermediaries

Macro Environment

Global factors

Economic factor

Political/Govt.factor

Social/cultural factor

Natural factors

Demographic factors

Technological factors

Aware of the environment-organization linkage.

Provide pictures of the factors which influence the business.

To understand the transformation of the industry environment.

Future opportunities and challenges.

Identification of Risks.

Useful for manager.

USES OF BUSINESS ENVIRONMENT

Business environment analysis is the profit for the side, business and the consumers. It is help full to identify risk, future opportunities, business growth etc.

Such firms which not analysis the environment are not more effective than other those which analysis it. It creates effect on the government, customers, shareholders, stakeholders and society at large. Their production are accepted by the society.

Environment analysis and diagnosis give theme to anticipate opportunities and to plan to take optional responses to them it helps them to develop strategies into advantages for the firm.

CONCLUSION

THIS PRESENTATION IS DONE BY: REESHABH CHAUDHARY MOHIT TRIVADI AAKASH PARTH DAVE

SPECIAL THANKS TO MAULIK RATHOR SIR …

THANK YOU