The document provides an assignment asking the student to:
1) Identify environmental factors such as social, political, economic, and physical factors that influence the operations of a familiar organization using the provided model.
2) Collect news clippings from the last quarter showing how changes in the international economic environment affect the domestic macroeconomic environment, which can be presented as a small collage.
The document provides an assignment asking the student to:
1) Identify environmental factors such as social, political, economic, and physical factors that influence the operations of a familiar organization using the provided model.
2) Collect news clippings from the last quarter showing how changes in the international economic environment affect the domestic macroeconomic environment, which can be presented as a small collage.
The document provides an assignment asking the student to:
1) Identify environmental factors such as social, political, economic, and physical factors that influence the operations of a familiar organization using the provided model.
2) Collect news clippings from the last quarter showing how changes in the international economic environment affect the domestic macroeconomic environment, which can be presented as a small collage.
The document provides an assignment asking the student to:
1) Identify environmental factors such as social, political, economic, and physical factors that influence the operations of a familiar organization using the provided model.
2) Collect news clippings from the last quarter showing how changes in the international economic environment affect the domestic macroeconomic environment, which can be presented as a small collage.
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Assignment for Unit 1
Q1) Take any organization, a firm, farm factory, establishment or institution you are familiar with. Considering its present operations, identify some of its environmental factors as in the model given below. Answer : Your Organization AMUL Environmental factors/forces Social
Political
Economic
Physical
Cultural aspects and
include health consciousness,
Tax policy,
Economic growth,
Ecological and environmental aspects,
Labour law,
Interest rates,
Environmental law,
Exchange rates
Trade restrictions,
Inflation rate.
Tariffs,
For example, interest rates affect a firm's cost of capital and therefore to what extent a business grows and expands.
Population growth rate,
Age distribution, Career attitudes and emphasis on safety.
Political stability. Trends in social factors affect the demand for a company's products and how that company operates.
Governments have great influence on the health, education, and infrastructure of a nation.
R&D activity, Automation,
Exchange rates affect the costs of exporting goods and the supply and price of imported goods in an economy
Technology incentives and the rate of technological change. They can determine barriers to entry, Minimum production influence decisions.
efficient level and outsourcing
Furthermore, technological shifts can affect costs, quality, and lead to innovation.
Q2) Collect news clippings for the last one quarter (current) which show how changes in international economic environment affects domestic macroeconomic environment. It can be in form of small collage.
