Analisys of Lonely Planet

An organization’s external environment is terribly important and must be studied and understood for the organization to truly succeed. Through such study and understanding, a manager would be able “mitigate threats and leverage opportunities” that are caused by the six segments identified as macro-level external forces: (1) political, (2) economic, (3) sociocultural, (4) technological, (5) ecological, and (6) legal (Rothaermel, 2013, pp. 56-57). Since the manager’s decisions, or firm effects, have a greater impact than those external forces mentioned only when the manager accounts for them and builds a strategy around them, the manager must be aware of and understand these forces to be

The forces that drive changes in an organization are classified as internal and external forces. Internal forces of an organization pertains to events, factors, people, systems, structures, and conditions inside the organization that are generally under the control of the company such as the mission statement, organizational culture, and style of leadership. On the other hand, external forces are those factors that occur outside of the company, which could result to a change inside the organizations and most of the time beyond the control of the company such as customers, competition, the economy, technology, political and social conditions, and resources (Hartzell, 2017).

There are the tourists—those who seek temporary relaxation, or famous sights. There are the travelers—those who wander, without aim, for the love of moving. There are the explorers—those seeking adventure, the thrill of unearthing things rarely seen.

a. A description of the social, economic and cultural factors- giving at least one example of each category.

Macro environment or macro forces consists of the larger societal factors that have the potential to affect an organization’s strategies. According to Phillip Kotler, these variables include demographic, economic, natural, technological, political, and cultural outside forces. (“Josbd”, n.d, para. 7)

Environment: Environment is defined as landscape or geography in which an individual resides. Environment plays a big part of what makes an individual who they are. This concept may also affect a person’s psychological and physical health.

The importance of the analysis determines what outer factors that mold or influence management’s future strategic decisions. Accordingly, the general environment analysis incorporates several divisions, such as the economic circumstances, political/legal effects, socio-cultural powers, technological dynamics, and physical conditions (Gamble, Thompson, Peteraf, 2015). Most importantly, each segment will be centered on what significant areas that are correlated to the bed and mattress

MISSION: Clean Comfortable rooms(what), good quality service(how) to business and pleasure travellers(who) in Toronto and Montreal (where) at competitive prices ( how).

The General Environment is defined in the textbook as, the economic, technological, sociocultural, and political/legal trends that indirectly affect all organizations. The economic component of a firm’s general environment refers to the growing or shrinking of the economy. Target, as any other retail company is

After the other lad had mentioned it something clicked in his mind, yes he remember now. He and Niall had taken advantage of their time off from university to travel, both lads had seen their fair share of Europe and so this was their next stop. Harry was almost certain Niall had been roped in by the concept of blue beer, maid cafés and robot wresting. Harry was just tagging along for the ride. There was something about travel that always sparked something in him. He felt worldly with each new journey. Even taking the short trip from London to Manchester or Leeds would excite him. He loved most of all to write or photograph his journey, even going as far as getting small jobs to magazines or travel blogs to write about his exploits.

These factors influence the internal environment of an organisation and they help in identifying the past and the present of the company, It also provides a frame work for reviewing strategy position and direction of the company.

There are forces which exist in the General environment with which Brinker International (BI) would have to deal with. Forces such as Economic, Technological, Socio-Cultural, Demographic, Political and Global which exist in the general environment adds another dimension and could affect the organizations day to day operations. Managers would need to consider the impact of these forces.

     A businesses environment creates many opportunities as well as problems for prospering businesses. The environment determines what a business can do by shaping and channeling its development. Businesses function within an environment by allowing entrepreneurs to raise capital and create profits freely. The supply of money available within a business as well as the economic stability through times of growth and recession have strong effects on businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other

Organizational Environment: those forces outside its boundaries that can impact it. Forces can change over time and are made up of Opportunities and Threats. (7)

Environmental forces are something that is intangible but somehow it still affects your firm¡¦s operation. Therefore, these environmental forces can be divided into groups such as internal and external forces. In the Cathay Pacific Airway case, the internal forces can be considered as its human resource management, since the labor cost is its main concern. In addition, government policies, competitors and customer satisfaction will be considered as its external forces.