Businessperson who take the risk in producing and marketing goods and services

Buying and selling of goods and services

Production of consumer goods

Agriculture, forestry and fish culture

Extraction of goods from natural resources

Raw materials turn into finished products

Building of infrastructure

Movie houses tv and radio stations theaters for drama

Restaurants barber shops transportation hotels tailoring shops slimming

Banks insurance campanies investment houses

Influence the organization stakeholders

Affect the climate in which operations of the organization take place

Differences among customers and market situation

Provide production inputs

Services of managers and employees

Analyze to achieve target market share

One producer or seller

few producers sellers of similar products

Many producers/ sellers of similar products

Consist of elements outside an organization that are relevent to business firm

Where business firms borrow funds to maintain or expand

Changes in government policies affecting business organization

Tools and ideas that may be used to pursue an organization goals

Cannot be diregarded even if the company has the edge in technology

Society customs and values that may affect the planning and implementation of an organization

Law/relugations individuals and organizations

Changes in various parts of the world taht may affect the business

When few forces are changing to influence the business

When a significant number of environmental forces that affect business are changing

Lack of complete information on what exist and what developments may occur makes it hard to perform •analysis •prediction •understanding

Number of factors

External factors that change from time to time

Task that is routine and unchanging

That is non rountine and changing

For capability with existing conditions

Identify and influence factors to obtain more positive effects

Both the input and output sides of activities

Reducing changes in the environment

Prediction, projection or estimate of future events or environmental conditions

Ignoring someperations and emphasizing orhers to preserve the most critical function of the techinical core

Adapting the environmental by creating departments

Creating jobs or roles where in employees need to have strong communication skills

Replacement of a top manager by another manager

To reduce environmental uncertainty

When the activities of one firm cause uncertainty to another

When a company finds it hard to operate in a market

When a company have the same members of the board

Executives with prior experience in the industry are preferred

To build goodwill among stakeholders employees

Exchanges between the organization and other organizations in the environment

One or more elements in the environment

attemping to influence business and government ro create legislation or conduct

Members of organization sharing a common interest

the moral principles defining right and wrong behavior of businesspersons and their agents

interests of whom to be properly considered by the business firm for it to be successful.

highest priority; directly control business operation

representation, information, healthy environment, safety, basic goods and services, choice, consumer education, and redress

health and safety, appropriate salaries and benefits, right to speak out, right to privacy, and right to job security

treating them as equals as far as their employment and promotion are concerned

force with potential to lead as much as to follow

have distinct expertise and needs that should be seen by the business firm

M allowing a condition or potential problem to go unresolved until the public finds out about it

minimizing or avoiding additional obligations

- going beyond what is legally and ethically required