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