Strategic management final exam bachelor degree Term Paper

Strategic management last(a) exam bachelor degree - Term Paper ExampleThis relationship identifies validity of the didactics from the placement that organizations can focus on their microenvironment and manage the factors to overcome any possible effects of the macro environment. This is because microenvironment much(prenominal) as organizational behavior and employee efficiencies are easily manageable as they are under organizations powers.A consideration of a communication channel line long-term scope and effects of the macro environment however invalidates the statement because micro environmental factors influence many organizational activities. The economic environment that includes economic conditions and economic policies is the beginning(a) important factor to organizations. Factors such as inflation rates, unemployment rates, trade regulations, and interest rates have significant effects on productivity of and profitability of an organization and therefore affect sus tainability. Political environment is other significant macro environment factor and plays a significant role in influencing success of business organization. Political stability establishes investors confidence and therefore facilitates commercial activities, especially at global level and semipolitical ideologies and relations with other countries facilitate ties for favorable business environments. Socio cultural environment that include peoples preferences, family systems, caste systems, education, marriage, among other social and cultural factors determines markets and revenue levels to businesses (Mukesh and Trehan n.d, p. 12). Technological environment with its characteristic advantage of facilitating usable efficiency and demographic factors that determine volume and trend of demand for products is also very important to business organizations lives. The significance of macro environment that dictates sustainability and efficiency of organizations internal factors therefo re identifies relevance of the environment to businesses. This means