How Does the External Environment Affect Managers?
2-2 Discuss how the external environment affects managers.
Knowing what the various components of the external environment are and examining certain aspects of that environment are important for managers. However, understanding how the environment affects managers is equally as important. We’re going to look at three ways the external environment constrains and challenges managers: (1) through its impact on jobs and employment, (2) through the environmental uncertainty that is present, and (3) through the various stakeholder relationships that exist between an organization and its external constituencies.
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