Understanding Organisations in their Context, 5th Edition

Session E

The economicenvironment

1

Introduction

The effects of the economic policies of governments and, increasingly, of multinational corporations may seem remote from everyday life. But:

    a government decision to reduce the subsidy paid to a particular industry may show in the closure of facilities such as farms, mines and factories with direct loss of jobs;

    a decision to provide start-up finance may, conversely, lead to the ...