Internal and External Factors
Management: Theory, Practice, and Application
Dec 19, 2011
Internal and External Elements
Businesses everywhere have to prepare and set goals in order to prosper and flourish in whatever conditions the economy can be in. Part of planning and goal setting for just about any company is identifying external and internal factors that may have an impact for the success of a company as well as determining the way they will effect the company. Understanding what the influences are and how they will effects the company allows a company to plan make goals consequently. For the purposes on this paper the company Goodwill will likely be used for example. This paper will identify some essential internal and external factors that influence the company, how those external and internal factors impact the four capabilities of supervision, and how managers can use delegation to manage the various factors and management functions. Goodwill is an organization that is certainly defined on its own as a team of people that have a vision, admiration, ethics, learning, and creativity (" Goodwill Industries International", 2011). To be able to work as a successful organization they need to consider every one of the internal and external elements. There are gonna be situations and events that will affect the way the business is manage, the conditions can have a impact or a bad impact. Inside factors that may drive this organization are those that occur within the composition of the firm itself. These matters need to have a structure which can be adhered by simply all those involved. When looking in to the internal composition one need to consider a large number of factors including financial managing, organization from the employees, and the planning showing how the concept of the goodwill will get for the public. If you have no framework the organization will certainly fall apart thus leading to the collapse from the organization. External factors happen to be those that affect the...
References: Bateman, T. S i9000., & Snell, S. A. (2009). Supervision: Leading & collaborating in a competitive universe (8th education. ). Boston, MA: McGraw-Hill Irwin.
Goodwill Industries Foreign. (2011). recovered from: http://www.goodwill.org/about-us/our-mission/
Goodwill Industrial sectors of Central Texas, Mission Makes a Difference (ND) retrieved by: http://www.austingoodwill.org/ems/mission.html
Lemon County Organization Journal, Wednesday February 14, 2005 Gathered from: http://www.allbusiness.com/north-america/united-states-california-metro-areas/897154-1.html