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PDF - Week 02 Understanding Business Environment

PDF - Week 02 Understanding Business Environment

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Published by anna riana

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Published by: anna riana on Dec 10, 2007
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 anna_riana@yahoo.com
 Understanding Understanding Understanding Understanding the Environment of Business the Environment of Business the Environment of Business the Environment of Business
 Presented by :  Presented by :  Presented by :  Presented by :Anna Riana  Anna Riana  Anna Riana  Anna Riana Putriya  Putriya  Putriya  Putriya 
 Chapter 2 :  Chapter 2 :  Chapter 2 :  Chapter 2 : 
 anna_riana@yahoo.com
 
  u 
 nderstanding
 The 
 e 
 nvironment 
of 
 usiness 
Organizational boundariesOrganizational boundariesOrganizational boundariesOrganizational boundariesand environmentsand environmentsand environmentsand environmentsEconomic environmentEconomic environmentEconomic environmentEconomic environment
Economic growthEconomic growthEconomic growthEconomic growthGlobal economy in 21Global economy in 21Global economy in 21Global economy in 21
stststst
centurycenturycenturycenturyProduct & service technologyProduct & service technologyProduct & service technologyProduct & service technology Business process technology Business process technology Business process technology Business process technology
Technological environmentTechnological environmentTechnological environmentTechnological environmentPoliticalPoliticalPoliticalPolitical----legal environmentlegal environmentlegal environmentlegal environmentSocioculturalSocioculturalSocioculturalSocioculturalenvironmentenvironmentenvironmentenvironment Business environment Business environment Business environment Business environment
Economic stabilityEconomic stabilityEconomic stabilityEconomic stabilityCustomer preferences and tasteCustomer preferences and tasteCustomer preferences and tasteCustomer preferences and tasteEthical compliance and responsible business behavior Ethical compliance and responsible business behavior Ethical compliance and responsible business behavior Ethical compliance and responsible business behavior Redrawing corporate boundariesRedrawing corporate boundariesRedrawing corporate boundariesRedrawing corporate boundariesEmerging challenges and opportunitiesEmerging challenges and opportunitiesEmerging challenges and opportunitiesEmerging challenges and opportunitiesin thein thein thein the environmetenvironmetenvironmetenvironmetof businessof businessof businessof businessOrganizational boundariesOrganizational boundariesOrganizational boundariesOrganizational boundariesMultiple organizational environmentMultiple organizational environmentMultiple organizational environmentMultiple organizational environment Aggregate output & standard of living, GDP & GNP, Aggregate output & standard of living, GDP & GNP, Aggregate output & standard of living, GDP & GNP, Aggregate output & standard of living, GDP & GNP, productivity productivity productivity productivityInflation, unemploymentInflation, unemploymentInflation, unemploymentInflation, unemploymentOutsourcing, Viral marketing,Outsourcing, Viral marketing,Outsourcing, Viral marketing,Outsourcing, Viral marketing, Business process management Business process management Business process management Business process management
 anna_riana@yahoo.com
Organizational BoundariesOrganizational BoundariesOrganizational BoundariesOrganizational BoundariesExternal EnvironmentsExternal EnvironmentsExternal EnvironmentsExternal Environments
 All businesses All businesses All businesses All businesses ——regardless of their size, location or missionregardless of their size, location or missionregardless of their size, location or missionregardless of their size, location or mission—operate within a larger external environment.operate within a larger external environment.operate within a larger external environment.operate within a larger external environment.That which separates the organization from itsThat which separates the organization from itsThat which separates the organization from itsThat which separates the organization from itsenvironmentenvironmentenvironmentenvironment
 anna_riana@yahoo.com
Dimensions of the External EnvironmentDimensions of the External EnvironmentDimensions of the External EnvironmentDimensions of the External Environment
 anna_riana@yahoo.com
ECONOMIC ENVIRONMENT ECONOMIC ENVIRONMENT ECONOMIC ENVIRONMENT ECONOMIC ENVIRONMENT 
Conditions of the economic systemConditions of the economic systemConditions of the economic systemConditions of the economic systemin which an organization operatesin which an organization operatesin which an organization operatesin which an organization operates
 anna_riana@yahoo.com
Key Goals of Economic SystemKey Goals of Economic SystemKey Goals of Economic SystemKey Goals of Economic System
Economic GrowthEconomic GrowthEconomic GrowthEconomic GrowthAggregate Output and Aggregate Output and Aggregate Output and Aggregate Output andStandard of LivingStandard of LivingStandard of LivingStandard of LivingGross DomesticGross DomesticGross DomesticGross DomesticProduct (GDP) & GrossProduct (GDP) & GrossProduct (GDP) & GrossProduct (GDP) & GrossNational ProductNational ProductNational ProductNational Product(GNP)(GNP)(GNP)(GNP)
Purchasing Power Purchasing Power Purchasing Power Purchasing Power Parity Parity Parity Parity 
ProductivityProductivityProductivityProductivityBalance of Trade Balance of Trade Balance of Trade Balance of TradeNational DebtNational DebtNational DebtNational DebtEconomic StabilityEconomic StabilityEconomic StabilityEconomic StabilityInflationInflationInflationInflationUnemploymentUnemploymentUnemploymentUnemployment
Recessions and Recessions and Recessions and Recessions and Depressions Depressions Depressions Depressions 
Global economy in 21Global economy in 21Global economy in 21Global economy in 21
stststst
centurycenturycenturycentury
 
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 anna_riana@yahoo.com
 Aggregate Output and Standard of Living Aggregate Output and Standard of Living Aggregate Output and Standard of Living Aggregate Output and Standard of Living
Business cycle Business cycle Business cycle Business cycleis a pattern of shortis a pattern of shortis a pattern of shortis a pattern of short----term ups and downs term ups and downs term ups and downs term ups and downs((((
expansions expansions expansions expansions 
andandandand
contractions contractions contractions contractions 
) in an economy) in an economy) in an economy) in an economyAggregate output Aggregate output Aggregate output Aggregate outputis the total quantity of goods and servicesis the total quantity of goods and servicesis the total quantity of goods and servicesis the total quantity of goods and services produced by an economic system during a given period produced by an economic system during a given period produced by an economic system during a given period produced by an economic system during a given periodStandard of livingStandard of livingStandard of livingStandard of livingis the total quantity and quality of goodsis the total quantity and quality of goodsis the total quantity and quality of goodsis the total quantity and quality of goodsand services that a countryand services that a countryand services that a countryand services that a country’’s citizens can purchase with thes citizens can purchase with thes citizens can purchase with thes citizens can purchase with thecurrency used in their economic systemcurrency used in their economic systemcurrency used in their economic systemcurrency used in their economic system
 anna_riana@yahoo.com
Gross Domestic ProductGross Domestic ProductGross Domestic ProductGross Domestic Product
GDP, or gross domestic productGDP, or gross domestic productGDP, or gross domestic productGDP, or gross domestic product, is the total value of all, is the total value of all, is the total value of all, is the total value of allgoods and services produced withingoods and services produced withingoods and services produced withingoods and services produced withina given period by a national economya given period by a national economya given period by a national economya given period by a national economy through domestic factors of production through domestic factors of production through domestic factors of production through domestic factors of productionGNP, or gross national productGNP, or gross national productGNP, or gross national productGNP, or gross national product, is the total value of all, is the total value of all, is the total value of all, is the total value of allgoods and services produced by a national economygoods and services produced by a national economygoods and services produced by a national economygoods and services produced by a national economywithin a given periodwithin a given periodwithin a given periodwithin a given period
regardless regardless regardless regardless 
of of of of where the factors of production are locatedwhere the factors of production are locatedwhere the factors of production are locatedwhere the factors of production are located
 anna_riana@yahoo.com
What Is Purchasing Power Parity?What Is Purchasing Power Parity?What Is Purchasing Power Parity?What Is Purchasing Power Parity?Principle that exchange rates are set so that the pricesPrinciple that exchange rates are set so that the pricesPrinciple that exchange rates are set so that the pricesPrinciple that exchange rates are set so that the pricesof similar products in different countriesof similar products in different countriesof similar products in different countriesof similar products in different countriesare about the sameare about the sameare about the sameare about the same
 anna_riana@yahoo.com
What Is Productivity?What Is Productivity?What Is Productivity?What Is Productivity?
Measure of economic growth that comparesMeasure of economic growth that comparesMeasure of economic growth that comparesMeasure of economic growth that compareshow much a system produces with thehow much a system produces with thehow much a system produces with thehow much a system produces with theresources needed to produce itresources needed to produce itresources needed to produce itresources needed to produce it
 anna_riana@yahoo.com
What Is Balance of Trade?What Is Balance of Trade?What Is Balance of Trade?What Is Balance of Trade?
Economic value of all the products that a countryEconomic value of all the products that a countryEconomic value of all the products that a countryEconomic value of all the products that a country
exports exports exports exports 
minus the economic value of minus the economic value of minus the economic value of minus the economic value of 
imported imported imported imported 
 products products products products
What Is National Debt?What Is National Debt?What Is National Debt?What Is National Debt?
 Amount of money that a government owes its creditors Amount of money that a government owes its creditors Amount of money that a government owes its creditors Amount of money that a government owes its creditors
 anna_riana@yahoo.com
What Is Stability?What Is Stability?What Is Stability?What Is Stability?
Condition in an economic systemCondition in an economic systemCondition in an economic systemCondition in an economic systemin which the amount of money availablein which the amount of money availablein which the amount of money availablein which the amount of money availableand the quantity of goods and services producedand the quantity of goods and services producedand the quantity of goods and services producedand the quantity of goods and services producedare growing at about the same rateare growing at about the same rateare growing at about the same rateare growing at about the same rate
 
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 anna_riana@yahoo.com
What Is Inflation?What Is Inflation?What Is Inflation?What Is Inflation?
Occurrence of widespread price increases throughout an economicOccurrence of widespread price increases throughout an economicOccurrence of widespread price increases throughout an economicOccurrence of widespread price increases throughout an economicsystemsystemsystemsystem
What Is Unemployment?What Is Unemployment?What Is Unemployment?What Is Unemployment?
Level of joblessness among people actively seeking work in anLevel of joblessness among people actively seeking work in anLevel of joblessness among people actively seeking work in anLevel of joblessness among people actively seeking work in aneconomic systemeconomic systemeconomic systemeconomic system
 anna_riana@yahoo.com
Recessions and DepressionsRecessions and DepressionsRecessions and DepressionsRecessions and Depressions
RecessionRecessionRecessionRecession
is a period during which aggregate output,is a period during which aggregate output,is a period during which aggregate output,is a period during which aggregate output,as measured by real GDP, declinesas measured by real GDP, declinesas measured by real GDP, declinesas measured by real GDP, declines
DepressionDepressionDepressionDepression
is a particularly severe and longis a particularly severe and longis a particularly severe and longis a particularly severe and long----lastinglastinglastinglastingrecessionrecessionrecessionrecession
 anna_riana@yahoo.com
The Global Economy in the 21The Global Economy in the 21The Global Economy in the 21The Global Economy in the 21
stststst
CenturyCenturyCenturyCentury
Major forces driving the economy:Major forces driving the economy:Major forces driving the economy:Major forces driving the economy:TheTheTheTheinformation revolutioninformation revolutioninformation revolutioninformation revolutionwill continue to enhancewill continue to enhancewill continue to enhancewill continue to enhance productivity across all economic sectors. productivity across all economic sectors. productivity across all economic sectors. productivity across all economic sectors.NewNewNewNew technological breakthroughs technological breakthroughs technological breakthroughs technological breakthroughswill create entirely newwill create entirely newwill create entirely newwill create entirely newindustries.industries.industries.industries.IncreasingIncreasingIncreasingIncreasingglobalizationglobalizationglobalizationglobalizationwill create much larger will create much larger will create much larger will create much larger markets while fostering tougher competition amongmarkets while fostering tougher competition amongmarkets while fostering tougher competition amongmarkets while fostering tougher competition amongglobal businesses.global businesses.global businesses.global businesses.
 anna_riana@yahoo.com
TECHNOLOGYTECHNOLOGYTECHNOLOGYTECHNOLOGY
 All the ways by which firms create value for their  All the ways by which firms create value for their  All the ways by which firms create value for their  All the ways by which firms create value for their constituentsconstituentsconstituentsconstituents
 anna_riana@yahoo.com
Product and Service TechnologiesProduct and Service TechnologiesProduct and Service TechnologiesProduct and Service Technologies
Technologies employed for creating productsTechnologies employed for creating productsTechnologies employed for creating productsTechnologies employed for creating products—both physical goods and servicesboth physical goods and servicesboth physical goods and servicesboth physical goods and services— for customers for customers for customers for customers
 anna_riana@yahoo.com
 Business Process Technologies Business Process Technologies Business Process Technologies Business Process Technologies
Business process technologies Business process technologies Business process technologies Business process technologies 
are used not so much to createare used not so much to createare used not so much to createare used not so much to create products as to improve a firm products as to improve a firm products as to improve a firm products as to improve a firm’’s performance of internals performance of internals performance of internals performance of internaloperations.operations.operations.operations.Enterprise Resource Planning, or ERPEnterprise Resource Planning, or ERPEnterprise Resource Planning, or ERPEnterprise Resource Planning, or ERP, is a large, is a large, is a large, is a large----scalescalescalescaleinformation system for organizing and managing ainformation system for organizing and managing ainformation system for organizing and managing ainformation system for organizing and managing a firm firm firm firm’’s processes across product lines, departments ands processes across product lines, departments ands processes across product lines, departments ands processes across product lines, departments andgeographic locationsgeographic locationsgeographic locationsgeographic locations

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