Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Write Executive Summary of the organizations?

Write Executive Summary of the organizations?

Management, Loose-Leaf Version
Management, Loose-Leaf Version
13th Edition
ISBN:9781305969308
Author:Richard L. Daft
Publisher:Richard L. Daft
Chapter6: Managing Start-Ups And New Ventures
Section: Chapter Questions
Problem 9DQ
See similar textbooks
icon
Related questions
Question

Write Executive Summary of the organizations?

Executive Summary: Industrialization introduces a large of corporate organization into the world. These corporate organizations created a market which was similar to trading market used in the earlier times but the latter one was more sophisticated and modern. The market made the people rise in their status and this encouraged the other people to be a part of it. Today what we see is large number of corporate organizations all around us and large number of entrepreneurs. These organizations and entrepreneurs with their skills and hard work have changed the face of the market. Again the modernity and development of technologies also made a great contribution in building the market. Today what we see is a much different market. These markets have open tremendous opportunities for all existing as well as new organizations. As a result for a single product a large number of organizations enters into the market and compete with each other in order to gain their position in the market. Every organization is affected by its environment. Environment basically means the surroundings and the factors that determine the success and failure of the organizations. In this paper we are going to discuss about the organizational environment and the various elements of the environment that affects the functioning of the organization. In order to understand the paper properly a example of Ford Motor Company is taken which properly explains the effect of environment on the organization.
Transcribed Image Text:Executive Summary: Industrialization introduces a large of corporate organization into the world. These corporate organizations created a market which was similar to trading market used in the earlier times but the latter one was more sophisticated and modern. The market made the people rise in their status and this encouraged the other people to be a part of it. Today what we see is large number of corporate organizations all around us and large number of entrepreneurs. These organizations and entrepreneurs with their skills and hard work have changed the face of the market. Again the modernity and development of technologies also made a great contribution in building the market. Today what we see is a much different market. These markets have open tremendous opportunities for all existing as well as new organizations. As a result for a single product a large number of organizations enters into the market and compete with each other in order to gain their position in the market. Every organization is affected by its environment. Environment basically means the surroundings and the factors that determine the success and failure of the organizations. In this paper we are going to discuss about the organizational environment and the various elements of the environment that affects the functioning of the organization. In order to understand the paper properly a example of Ford Motor Company is taken which properly explains the effect of environment on the organization.
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Delegation of Authority
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Management, Loose-Leaf Version
Management, Loose-Leaf Version
Management
ISBN:
9781305969308
Author:
Richard L. Daft
Publisher:
South-Western College Pub
Principles of Management
Principles of Management
Management
ISBN:
9780998625768
Author:
OpenStax
Publisher:
OpenStax College
SEE MORE TEXTBOOKS