List the Five Environmental Forces That Have an Impact on an Organization

question 117

Essay

List the five environmental forces that have an impact on an organization as well as its suppliers and customers.Provide examples of factors that might be examined as part of environmental scanning for each of those forces.

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Definitions:

Sales Budget

A financial plan that estimates the expected revenues from sales for a specific period, serving as a component of a company's overall budgeting process.

Direct Materials Purchases

The total cost of raw materials bought during a period for use in the production process.

Material A

A placeholder term often used to refer to a specific type of raw material used in manufacturing or production processes.

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services.