External Environment Flashcards
What is a political system
A political system is a set of institutions political organisations and endress group it shows the relationship between the rules and norms government their function there are three types of system global National and local
Supra national
European parliament European courts
National
National government supreme court of justice other major quotes
Regional
Local government
Local councils
Legal factors
Legal factors include employers responsibility and employees responsibility
Employees responsibility
Royal information about any hazards
Make sure that equipments are safe to use and it is used and maintain properly
Toy proper first aid facilities
Provide safe working environment
Employees responsibility
Corporate with the employer
Inform the employee if your ensured while performing a job
Take reasonable care of own health and safety
Others safety
Economic factors
Microeconomics is the study of individual consumers forms and industries
Microeconomics is a sum of individual economic decisions
Macroeconomic policy objectives
High employment
Low inflation
Economic growth
Sustainable balance of payments
Government has to mean waves is affecting the economy
Fiscal policy it refers to government taxation and spending plants
Monetary policy is refer to the management of money supply in the economy
Social and geographic factors
Population size
Population composition
Health
Wealth
Education
Population location
Technological factors
Administrative and managerial rules are carried out by effective it systems
Production rules are carried out by robots
Improve communication skills to allow employers work at home
Down rising refers to reducing the number of employees in the organisation without reducing the work or the output
Dealing refers to the process of removing layers of management from a rigid hierarchical stable through a flatter organisation
Outsourcing research to contracting out aspects a work of the organisation to special providers previously done in the house
