Title: Internal and External Environment Factors that Influences Organizational Decision Making
Headings: Internal and External Environment Factors that Influences Organizational Decision Making
Internal and External Environment Factors that Influences Organizational Decision Making
Types of Organizational Environment
Internal Environment of Organization
Owners and Shareholders
Board of Directors
Employees
Organizational Culture
Resources of the Organization
Organization’s image/goodwill
External Environment of Organization – Factors Outside of Organization’s Scope
General Environment of Organization – Common Factors that All company in the Economy Faces
Elements of the General External Environment
Political Legal Factors
Economic Factors
Socio-Cultural Factors
Technological Factors
Legal Factors
Environmental / Natural Factors
Demographic Factors
International Factors
Industry/Task Environment of Organization – Industry Factors that are Vital for Business Functions
Elements of the industry or task environment
Suppliers
Customers & Buyers
Competitors & New Entrants.
Regulators
Substitute Products
Strategic Partners
Influence of Internal and Environment on Business
Conclusion

Content: This is the reason why managers should take more care of the owners of their organizations. Board of Directors
The board of directors is the governing body of the company who is elected by stockholders, and they are given the responsibility for overseeing a firm’s top managers such as the general manager. Employees
Employees or the workforce, the most important element of an organization’s internal environment, which performs the tasks of the administration. Individual employees and also the labor unions they join are important parts of the internal environment. If managed properly they can positively change the organization’s policy. But ill-management of the workforce could lead to a catastrophic situation for the company. Organizational Culture
Organizational culture is the collective behavior of members of an organization and the values, visions, beliefs, habits that they attach to their actions. An organization’s culture plays a major role in shaping its success because the culture is an important determinant of how well their organization will perform. As the foundation of the organization’s internal environment, it plays a major role in shaping managerial behavior. An organization’s culture is viewed as the foundation of its internal environment.