Develop a plan for the business based on macro, industry (competitive) and culture of the organisation

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Develop a plan for the business based on macro, industry (competitive) and culture of the organisation

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INTRODUCTION:

In an organization, there are a number of activities done. The activities and the tasks are done by the employees of the organization at different levels of management namely top-level management, middle-level management, and low-level management.

There are different kinds of plans that are made for the business as business is a complex activity. From the procurement of the resources to the manufacturing of the desired product to using the profits back in the organization is the process in a business.

In an organization, there are different commodities and products being offered, there is a culture of the organization and there is an internal and external environment around the business.

 

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