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Nicole Kumar
Nicole Kumar, Research Chemist/Legal Studies
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four external environmental factors and six internal environmental

Customer Question

four external environmental factors and six internal environmental factors that help organizations achieve optimal function
Submitted: 5 years ago.
Category: Homework
Expert:  Nicole Kumar replied 5 years ago.

Facts:

External Factors:

* Markets/customers
* Economy
* Socio demographics
*Government/ political
* Competition
*Factors of production
* Technology

Internal Factors:

*Customers are both external and internal factors
*Workers/Employees are internal factors
*Strategic Program Initiations
*Training and Development Programs
*Budget and Finance
*Evaluations
*Equipment Operations and Maintenance

Above are some of the major environmental factors, both internal and external that aid organizations/businesses in achieving daily optimal functioning in their operations. Other sources are government grants, private grants, indirect contributions, non-cash revenues and endowments.

The economy as a whole influences the market because the import/export business determines the county’s GNP. Socio-demographics usually stay steady in the United States for the majority and keep the environment influence at an even competition. Government and politicians always influence business depending whether a democrat or a republican is in office. Technology influences business by the different concepts available to your type of business at any given time.

Customers seek out the best product for the least expensive price. They seek to stay with the company with the reputable product. Workers influence the growth of the company by their reputation to produce quality and reputable work. Their earnings also, affect the growth rate of the company. Training and developmental programs help to promote the environmental factors of a company by ensuring the company that they will have quality trained workers to offer and thereby producing quality products. Evaluations promote a healthy and educated worker. Operations and maintenance of equipment in a workplace is essential to promote good and working equipment and quality products which promotes optimal functioning organizations as a whole.

A Guide to the National Income and Product Accounts of the United States (NIPA) - (http://www.bea.gov/bea/an/nipaguid.pdf)

Nicole Kumar, Research Chemist/Legal Studies
Category: Homework
Satisfied Customers: 30
Experience: ASK me another question and when you are satisfied with my answer, hit the GREEN button, thanks!
Nicole Kumar and 5 other Homework Specialists are ready to help you
Customer: replied 5 years ago.
So you will add it after I accept? lol I don't understand this thing all that well
Thanks
Expert:  Nicole Kumar replied 5 years ago.
THIS ANSWER IS LOCKED!

You need to spend $3 to view this post. Add Funds to your account and buy credits.
Customer: replied 5 years ago.
okay just so I know did you get the money and how much did it give you because I am a little confused, I didn't think it took all of it out! I want to make sure you get it all! :) I am very thankful for your help!
Expert:  Nicole Kumar replied 5 years ago.
The payment was great. Thanks for the BONUS. I am sorry, I do not know how to do slide shows, but anything else in the future, just ask for me by typing, 'FOR NICOLE KUMAR'.

BYE NOW.

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