The Five Environmental Forces That Have an Impact on an Organization

question 65

Essay

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:

Direct Materials

Raw materials that can be directly traced to the manufacturing of a product, directly contributing to its production.

Service Firms

Companies that provide intangible products or services to customers, as opposed to tangible goods.

Job Order Costing

An accounting method that accumulates costs based on individual jobs or orders, suitable for customized products.

Time Ticket

A record that tracks the amount of time an employee spends on various activities or tasks, used for billing clients or allocating labor costs.