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Journal articles on the topic 'An external business environment'
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1
Kushwah, R. K. "Influence of an Approach to External Business Environment in Delhi." Journal of Advances and Scholarly Researches in Allied Education 15, no. 5 (2018): 145–48. http://dx.doi.org/10.29070/15/57615.
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Ngek Neneh, Brownhilder. "Market orientation and performance: the contingency role of external environment." Environmental Economics 7, no. 2 (2016): 130–37. http://dx.doi.org/10.21511/ee.07(2).2016.14.
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In today’s business environment characterized by intense competition from globalization and incessantly changing customer needs, market orientation (MO) has been presented as a valuable approach for firms to safeguard themselves against market fluctuations and maintain continuous superior performance. Even though existing literature suggest that MO is a vital driver of business performance, some studies have failed to find its benefits. This is possibly because the MO-performance relationship is has been argued to be context specific and contingent to the business environment. This study thus had as objective to investigate the impact of MO on SME performance, as well as the moderating effects of the external environment on the MO- performance nexus. Using data from South Africa, this study showed that two of the three dimensions of MO (i.e. customer orientation, competitor focus) are significant drivers of business performance and that the MO-performance nexus is moderated by the external environmental factors. Specifically the MO-performance relationship is positively moderated by market turbulence and negative moderated by technological turbulence and competitive intensity. The study culminates with theoretical and practical implications that can be valuable for scholars and businesses operating in South Africa
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Svilane, Ina, and Henrijs Kalkis. "External Factors of Business Environment and Family Business: Theoretical Review." Business & IT XIII, no. 2 (2023): 1–16. http://dx.doi.org/10.14311/bit.2023.02.01.
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The study examines contemporary theories of the business environment and family entrepreneurship and shows what external effects the business environment has and what impact it can have on family businesses. Theories outlining the main external factors of the business environment and the different aspects of family businesses are highlighted. The business environment theories of Professors Campbell D. J. & Craig T. provide, in our opinion, the most comprehensive insight into the analysis of the external factors of the business environment, while Professors T. Zellwegers, K. E. Gersick and St. R. Covey highlight the various dimensions of the family business and its operational organisation. Our task in this article is to examine these two areas and how they interact and influence each other. The viability of family businesses requires stability and security and is determined by the environment in which the business operates. The external factors of the business environment are mostly those that the company cannot influence and that lead to uncertainty and instability. Early identification of undesirable conditions can help family businesses to respond more quickly. The European Commission's definition of a family business is at odds with that of academics. With this study, we invite you to update the discussion on the modern legal definition of a family business, which is the basis for policy planning documents, ensuring legal protection, assumption or inheritance of liabilities, etc. The results of the study could be significant for researchers dealing with business and economic regularity, as well as for entrepreneurs and professionals whose field of activity is related to business or public administration.
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Cai, Di, Taiwen Feng, and Zhenglin Zhang. "The Fit between External Involvement and Business Environment." International Journal of Information Systems and Supply Chain Management 9, no. 3 (2016): 46–64. http://dx.doi.org/10.4018/ijisscm.2016070103.
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Previous studies are inconsistent in their findings about the relationship between external involvement and performance. The authors attribute this inconsistency to the misfit between external involvement and business environment. Drawing the concept of fit between information processing capabilities and needs from information processing theory, they develop the fitting patterns between external involvement and business environment and examine their impacts on performance. Information processing capabilities are measured by the degree of two types of external involvement in the NPD process and information processing needs are assessed based on three dimensions of business environment. Cluster analysis was used to develop the taxonomies of fit between external involvement and business environment. Analysis of variance (ANOVA) was used to examine the impacts of fitting patterns between external involvement and business environment on performance. The results reveal six fitting patterns between external involvement and business environment. ANOVA results show that the fitting patterns between external involvement and business environment are related to both operational performance and business performance, supporting our fit theory.
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Hron, J. "Diagnosis of business health." Agricultural Economics (Zemědělská ekonomika) 50, No. 12 (2012): 535–42. http://dx.doi.org/10.17221/5245-agricecon.
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Every business grows, develops and dies within its life-cycle, dependent on its relations with the external and internal environment. Its “flexibility” and ability to “influence” both the internal and external environment are indications of its “health”. A healthy business is characterized by those parameters of its structure and behaviour that encourage its further development in any given environment. The “health” of the business is determined by the level of its homeostasis with the internal and external environment. This kind of health may reach various levels. It is therefore necessary to diagnose it, and to suggest changes in its business strategy and individual parameters. The health of a business should therefore represent a prerequisite of effective behaviour.
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Purwanto, Purwanto, and Anaconda Bangkara. "Analisis Strategi Bersaing Pasar Kaget untuk Memenangkan Persaingan." Jurnal Manajemen dan Bisnis Indonesia 4, no. 1 (2016): 16–34. http://dx.doi.org/10.31843/jmbi.v4i1.100.
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The problem companies are becoming increasingly complex and competitive business be increased very sharply, as a result of changes in the business environment in the era of globalization. Companies must be able to adapt to the environment in order to survive in the midst of these conditions. For that management is required to manage the organization in a better and more professional in controlling the activities of the company. Business "shock market" Cikarang, Jababeka, Bekasi as a collection of merchants who sell various products to lower middle class should immediately anticipate and prepare for making new business strategies to survive and thrive in the future. The study has the purpose of analyzing the external and internal business environment, identifying, evaluating business strategies and finding alternative strategies for the future that can be implemented " shock market.†External business environment will be analyzed with descriptive qualitative method involving shared business environment (economic, political, ecological and technological), Porter's competitive forces, the forces of the trigger and the key success factors.The results showed that the manager should earnestly follow external analysis results such as politics, economics and ecology as well as industrial environments (competition among members of the industry, the threat of new entrants, threat of substitute products, buyer powerful and strong supplier) Keywords : market shock, the external business environment , the strength of competition Porter
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Tengtarto, Jaya Adi Gama. "INFLUENCES OF INTERNAL ENVIRONMENT, EXTERNAL ENVIRONMENT, BUSINESS ETHICS AND ENTREPRENEURSHIP TOWARD BUSINESS PERFORMANCES THROUGH DIFFERENTIATION STRATEGIES AND COMPETING SUPERIORITIES IN SMALL INDUSTRIES IN SURABAYA CITY." Archives of Business Research 8, no. 1 (2020): 138–51. http://dx.doi.org/10.14738/abr.81.7551.
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The purpose of this study is to examine and analyze the influence of: (1) internal environment, external environment, business ethics, entrepreneurial orientation on differentiation strategies; (2) internal environment, external environment, business ethics, entrepreneurial orientation, differentiation strategies on competitive advantage; (3) internal environment, external environment, business ethics, entrepreneurial orientation, differentiation strategies, competitive advantage on business performance. This research is an explanatory type of research with a quantitative approach. The populations in this study were all Small Industries in Surabaya as many as 384 Small Industries in Surabaya, while the samples used were 349 Small Industries in Surabaya. Data collection is done by questionnaire. The data analysis technique used is the Structural Equation Model (SEM) with AMOS program. Based on the results of the analysis shows that: (1) internal environment, external environment, business ethics, entrepreneurial orientation significantly influences on differentiation strategy; (2) business ethics, entrepreneurial orientation, differentiation strategy has a significant influences on competitive advantage, while internal environment and external environment does not have a significant influences on competitive advantage; (3) internal environment, entrepreneurial orientation, differentiation strategies, competitive advantage has a significant influences on the performance of small industries, while external environment and business ethics has no significant influences on the performance of small industries.
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Popova, Yu N., Yu P. Usova, I. Yu Proskurina, and V. E. Sukhova. "BUSINESS MANAGEMENT IN THE CONDITIONS OF UNSTABLE EXTERNAL ENVIRONMENT." Social - Economic Phenomena and Processes 10, no. 12 (2015): 66–70. http://dx.doi.org/10.20310/1819-8813-2015-10-12-66-70.
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Khan, Muhammad Wasim Jan, and Muhammad Khalique. "Strategic Planning and Reality of External Environment of Organizations in Contemporary Business Environments." Business Management and Strategy 5, no. 2 (2014): 165. http://dx.doi.org/10.5296/bms.v5i2.6794.
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Cook, Ronald G., and David Barry. "Shaping the External Environment." Business & Society 34, no. 3 (1995): 317–44. http://dx.doi.org/10.1177/000765039503400304.
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Fedorkova, Anna, Victor Fursov, and Natalia Lazareva. "Structure of the enterprise 's external business environment: concept, factors, research methodology." KANT 35, no. 2 (2020): 71–75. http://dx.doi.org/10.24923/2222-243x.2020-35.13.
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This article discusses the role of analysis of the external business environment as a tool to enhance competitive advantages of the company and strengthen its market position. The author considers the structure of the external business environment, which is a set of factors of direct and indirect influence, as well as the role of each of its components in the activity of a particular enterprise. The article also defines the properties of the company 's external environment. The study examined and summarized existing methods and directions for the study of the external business environment. The conclusions are confirmed by the results of the analysis of the impact of the external business environment on a particular enterprise.
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Dr. R. Duraipandian, Rajib Kumar Roy,. "Analysis of Business External Factors that Impact the Growth of IT Entrepreneurship." Psychology and Education Journal 58, no. 1 (2021): 5526–32. http://dx.doi.org/10.17762/pae.v58i1.2169.
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the aim of this study is to find out the impact of business External factors towards the business growth for IT entrepreneurships in Bangalore. Sample is collected from 200 individuals associated with IT entrepreneurships of Bangalore. We have undertaken the External factors like social acceptance of business, economic condition, technological factor, local culture, Legalities, competitive factor, role of local political environment, media, supply of work force, demography, busines location, climate, low and order, corruptions. We have taken business growth for 3 years as measurement of success factors for the business. During study it was identified that business External factors i.e. economic condition, media, competitive factor has significant impact on business success.
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Tušek, Boris, Ana Ježovita, and Petra Halar. "Critical Auditors’ Expertise for Blockchain-Based Business Environment." Zagreb International Review of Economics and Business 24, s1 (2021): 49–61. http://dx.doi.org/10.2478/zireb-2021-0019.
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Abstract The future of work of both external and internal auditors is exciting and promising, as well as, in the same time, threatening and extremely demanding. The exciting and promising part is connected with lots of possibilities for auditors’ professional career developments and specialization, while the threatening and demanding part is directed towards the ongoing demand and need for continuous education and upgrading their knowledge base and skill sets in order to be able to stay up to date with all developments and changes in their and their clients’ internal and external surroundings. Today these surroundings are characterized by big data and usage of information and communication technologies (ICTs), among which the blockchain technology (BCT) is described as the most pervasive and promising one. This paper is primarily driven by the scarcity of literature and conducted scientific researches regarding the specialized educations and expertise that auditors need to attend and possess in order to be able to exist in the blockchain-based business environment. Therefore, the main research objective of this paper was to determine critical external and internal auditors’ expertise that they need to possess in order to be relevant and successful in the blockchain-based business environment. In order to achieve this main objective, desk research and survey research were conducted. Survey research was conducted on a sample of external and internal auditors in Croatia. In general, results of the empirical research showed that both external and internal auditors in Croatia think that they need to possess high level of expertise in advanced analytical procedures (APs) in order to be able to audit blockchain-based business operations. Consequently, this then instantaneously increases auditors’ demand for specialized education in fields of BCT, APs, and data analytics (DAs) in general.
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Baltezarevic, Vesna. "Business communication and mobbing." Temida 12, no. 2 (2009): 5–17. http://dx.doi.org/10.2298/tem0902005b.
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This paper emphasizes the necessity of quality communication skills in management. Business communication needs to be adaptable and to have the ability to flexibly react to dynamic changes in the environment and to give positive response to the demands imposed by the environment. Business communication promoters, i.e. managers, must be capable of utilizing all available data with speed and efficiency and to distribute the information to both the internal and external environments. The author intends to point out the need for business organizations to establish harmonic communication, thus creating conditions underpinning a better working atmosphere that contributes to motivation of employees.
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Ghicajanu, Mihaela. "Analysis of factors from the external environment in changing business processes." MATEC Web of Conferences 290 (2019): 07008. http://dx.doi.org/10.1051/matecconf/201929007008.
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This paper presents and analyzes the factors in the external business environment that determine the need for redesign processes in enterprises or at the business level. At the same time, the influence of the most relevant factors in the external environment will be analyzed in this context based on a case study conducted at the level of the Jiu Valley enterprises. At the same time, the influence of the most relevant factors in the external environment will be analyzed in this context based on a case study conducted at the level of the Jiu Valley enterprises. The research methodology is the questionnaire. The study is broader, but only a part of the research findings, those related to the factors in the external business environment that determine the need for chance or redesign processes in enterprises, are presented this paper. The overall conclusion of the study is that: the need to undertake processes of change or redesign of business is determined in particular by certain factors such as those in the near environment (customers, competition, etc., with intensities close to influence), but also by the changes in the business environment in which the company operates. The results of the study can generally be argued that the company / business and business it is doing is in close connectivity and interdependence with its external environment.
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Suryana, Tatang, Iman Sudirman, and Ellen Rusliati. "External and Internal Environment, and Business Ethic on Business Partnership and its Implication on Small Enterprise Performance in West Java." TRIKONOMIKA 16, no. 1 (2017): 8. http://dx.doi.org/10.23969/trikonomika.v16i1.416.
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The purpose of this study is to obtain empirical evidence and find clarity on the phenomena about the influence of external and internal environment, and business ethic on business partnership and its impact on small enterprise performance in West Java on small stamped-batik business. The research was conducted by using descriptive and inductive method by taking sample of 116 companies using simple random sampling technique proportionally with structural equation model analysis. The conclusions obtained are that the external environment, and business ethic were in the fair category, while the internal environment, partnership, and performance were good. SEM analysis showed that the external and internal environment, and business ethic simultaneously had positive and significant effect on partnership of 64.6%. Partially, the external environment had positive and significant impact on the business partnership of 15.41%. The internal environment had a positive and significant impact on business partnership of 28.73%. Business ethic had a positive and significant effect on business partnership of 20.30%. Business Partnership had a positive and significant impact on Small Enterprise Performance of 84.3%.
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Trachuk, A. V., and N. V. Linder. "TRANSFORMATION OF BUSINESS MODELS OF ELECTRONIC BUSINESS IN CONDITIONS OF UNSTABLE EXTERNAL ENVIRONMENT." Strategic decisions and risk management, no. 2 (June 25, 2015): 58–71. http://dx.doi.org/10.17747/2078-8886-2015-2-58-71.
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The main features of formation of business models in e-business, their typology and possible transformations in the context of a shrinking market are considered in the article. Upon the analytical research, the main components and characteristics of business models of electronic business in various clusters of business models are highlighted. The marking of clusters of business models allows establishing of possible ways of their transformation in the contest of economic uncertainty.
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Litavniece, Lienīe, and Daina Znotiņa. "EXTERNAL BUSINESS ENVIRONEMENT PROBLEMS AND OPPORTUNITIES IN REZEKNE CITY." Latgale National Economy Research 1, no. 7 (2015): 107. http://dx.doi.org/10.17770/lner2015vol1.7.1183.
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Entrepreneurship is an essential driving force for the social and economic development of any city. Well-arranged external environment is a fundamental prerequisite in order to motivate local entrepreneurs and to attract investors for establishing new businesses and development of the existing ones. An important role in the development of the external business environment is played by the political position of the local government and the process regulations at the city. The paper aims to carry out the assessment of the external business environment factors and their impact in Rezekne City. The external business environment analysis was performed using PESTEL analysis method; the document “Analysis of the Current Situation” elaborated for Rezekne City in 2014 was used as the base for the current research. The external business environment was evaluated based on six factors: political factors, economic conditions, sociocultural forces, technological factors, environmental factors, and legal/regulatory conditions. Results of the research indicate that the development priorities are defined in Rezekne; the appropriate measures are being performed to achieve the objectives. Overall, it enables entrepreneurs to plan their activities.
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Svilane, Ina, and Henrijs Kalkis. "The Impact of Financial Factor on Family Entrepreneurship Development in Latvia." Business & IT XIV, no. 1 (2024): 1–14. http://dx.doi.org/10.14311/bit.2024.01.01.
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The business environment is a multi-factor framework for economic activity, divided into the internal and external environment. Internal environmental factors can be influenced, managed and controlled by entrepreneurs, while external environmental factors cannot. External environmental factors are determined and regulated by the highest authorities – the national government. The government shapes the external environment of business. The main external factors of the business environment most often identified by researchers are: political, economic, legal and technological. The financial factor is classified as an internal factor of the business environment. Experience shows that the financial factor in the case of Latvia cannot be seen in the context of the internal factors of the business environment as defined by the world's leading scientific sources. Given the international nature of financial decision-making and the inability of entrepreneurs to influence it, the financial factor of the Latvian business environment should be viewed in the context of the external factors of the business environment. Latvian family entrepreneurship should be seen in the context of small and medium-sized enterprises. The aim of the study is to analyse the impact of the financial factor, which includes financial policy and financial system planning at the national level, on the Latvian family business environment. The results of the study show that the national financial policies developed in Latvia since the 1990s have posed a threat to the Latvian business environment. The newly established tax structure, based on labour and consumption taxes, has not been able to ensure the generation of internal sources of finance at national level to foster the development of the business environment. Despite the fact that family entrepreneurship was initially envisaged in policy planning documents, it is not even mentioned in financial policy and planning documents, and hence has not been stimulated or supported by taxation.
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Wibowo, Prasetio Ari, Juhary Ali, and Johan Budiman. "Mediating Factor of Strategy Business in the Relationship between Environmental and Business Performance." Telaah Bisnis 24, no. 2 (2023): 116. http://dx.doi.org/10.35917/tb.v24i2.423.
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The purpose of this study is to examine the impact of the internal and external business environment on the formulation of business strategy, the impact of business strategy on business performance, and the impact of the internal and external business environment on the performance of the Service and Creative Industry Cluster MSMEs in DKI Jakarta. This study employs a quantitative approach to research, collecting data through observation and interviews and processing primary data derived from respondents' questionnaire responses. Using SEM-PLS 3 Version, the validity test, the reliability test, outer loading, the inner model fit (R-Square), the significance test (hypothesis test), and the F-Square Test are then utilized to assess the study data. F-square of 0.409 > f-square of 0.35, the External Environment has a moderate influence on Business Strategy. The moderate influence of the Internal Environment on the Outcome of Small and Medium-Sized Enterprises, as indicated by the F-Square value of 0.29, is accompanied by a modest effect. The finding from this research indicates that the service and creative industry cluster MSME actors in DKI Jakarta formulate business strategies to become Prospector, Analysts, Low-Cost Defender, and Different Defender based on or have different external environmental backgrounds in terms of demography, politics/law, economic conditions, and the technology used to run their respective businesses.
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GREENWOOD, ROBERT, and FLORENCE TSANG. "MANAGEMENT PERCEPTION OF PERFORMANCE AND THE INFORMATION NEEDS OF SMALL BUSINESS." Journal of Enterprising Culture 05, no. 02 (1997): 209–21. http://dx.doi.org/10.1142/s0218495897000132.
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This paper illustrates that small business managers in Hong Kong and the United Kingdom over-rely on the financially related performance measures in a manner inappropriate for handling the complexities and uncertainties in the business environment. It also shows that managers must address the development of new approaches to performance measurement to anticipate market trends and respond to changing customer needs. The paper suggests that small business success is dependent upon the ability of managers to understand the external environment and match this to the internal capabilities of the business. This implies that managers will have an external focus and possess the ability to continuously develop the small business's capabilities to meet the challenges created by the external environment. The paper concludes by advocating that performance measures should adapt as businesses are affected over time by different factors. We recommend a broad approach to performance measurement which incorporates tangible, non-tangible, financial and non-financial indicators.
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Vlados, Charis, and Dimos Chatzinikolaou. "Methodological Redirections for an Evolutionary Approach of the External Business Environment." Journal of Management and Sustainability 9, no. 2 (2019): 25. http://dx.doi.org/10.5539/jms.v9n2p25.
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The usual strategic analysis perceives the external business environment fragmentarily and without a coherent and unifying way. The three levels that a typical analysis of the external business environment involves are a) the macroenvironment and PEST analysis, b) mesoenvironment and “Porter’s diamond”, and c) industrial environment and “Porter’s five forces”. Contrary to the fragmentary analysis of the three levels, this article aims to counter-propose a restructured method of a unified and evolutionary analysis of the external business environment. After presenting the usual analytical handling of the external business environment in the three levels, we suggest that these are rather co-evolving than separate and autonomous spheres of analysis. Therefore, after introducing some elements of the evolutionary socioeconomic theory, we propose a systemic web that perceives the external environment of the socioeconomic organisations in dynamically unified and evolutionary terms. The systemic web conceptualises the approach of the external socioeconomic environment as an open and interactive system comprising three co-evolving spheres in the context of global dynamics: the institutional character of each spatially structured socioeconomic formation; the firm’s functions within the system; and the public-state intervention that contributes to the establishment and reproduction of the system. This conceptual redirection of the methodology of the external business environment can be useful for building an integrated strategic analysis that studies all “micro-meso-macro” components of the entire socioeconomic system.
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Gini, Kiyentei Benneth, and Humphrey Obinna Agala. "The Impact of Macro-Environmental Factors on Business Performance." International Journal of Research and Innovation in Social Science VII, no. XI (2023): 1837–43. http://dx.doi.org/10.47772/ijriss.2023.7011145.
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This paper x-rayed the impact of macro-environmental factors on business performance in Nigeria. The narrative appraisal adopted in this paper showed that macro factors exert influence on and shape. growth and development of businesses in developing economies such as Nigeria. The macro-environment bears more relevance to strategic management, and businesses adjust to the external environment. It further revealed that the government now plays more of a regulatory role in the business environment in some sectors of the economy, and that, though certain measures had been put in place at various levels to engender a conducive business environment for private sector participation, macro (external) factors such as high interest and inflation rates, terrorism, culture, religion, volatile exchange rates, susceptibility of the economy to external shocks, etc., escalated cost of doing business and, thus, posed serious threats to firms performance. Therefore, the paper concluded that macro environments have a significant impact on the success of business activities, and hence such environmental factors must be considered seriously during the process of creating a strategic business plan. Considering these factors will improve the success of the business marketing campaign and the reputation of the brand in the long term. Consequently, reconsideration of such environmental factors that impose unnecessary constraints on businesses was recommended.
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Tidström, Annika. "Conflicts in business relationships in light of the external environment." International Journal of Business Environment 5, no. 2 (2012): 122. http://dx.doi.org/10.1504/ijbe.2012.046203.
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Greenfeld, Sue, Robert C. Winder, and Gregory Williams. "The CEO and the external environment." Business Horizons 31, no. 6 (1988): 20–25. http://dx.doi.org/10.1016/0007-6813(88)90019-5.
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Adeola, Ajayi. "Impact of External Business Environment on Organisational Performance of Small and Medium Scale Enterprises in Osun State, Nigeria." Scholedge International Journal of Business Policy & Governance ISSN 2394-3351 3, no. 10 (2016): 155. http://dx.doi.org/10.19085/journal.sijbpg031002.
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The paper examined the impact of external business environment on organizational performance of Micro, Small and Medium Scale Enterprises in Nigeria. It also reviewed literature on MSMEs, business environment and organizational performances. Secondary sources of data were utilized for the study. The findings from reviewed literature showed that the external business environment (economic, political, legal, socio-cultural environment, demographic, natural, technological, global and financial environment) have influence on MSMEs operators in Nigeria. It was also discovered that there exists relationship between SMEs and the environment in which it occurs. The study concluded that SME operators should understand all these types of external business environment and their implications on organizational performance of their business activities in order to identify opportunities and threats to their businesses and update their knowledge, understanding and skills to meet the predicted changes in realm of their enterprises.
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Gaol, Ford Lumban, Suci Rahayu, and Tokuro Matsuo. "The Development of Information System with Strategic Planning for Integrated System in the Indonesian Pharmaceutical Company." Open Engineering 10, no. 1 (2020): 721–32. http://dx.doi.org/10.1515/eng-2020-0081.
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AbstractThis research aims to develop an integrated information system for pharmaceutical companies in Indonesia, which has separate business units in two different locations. An Integrated System is needed to provide the value of competence in the technology and information systems that companies use in their business processes. The development stage starts from the assessment and understanding of the current situation both in the business environment and the IS/IT environment. The business environment includes the internal business environment and external business environment.Similarly, the IS/IT environment which includes internal and external IS/IT environments. With a deep understanding of current conditions, it can be determined the Information System(IS) strategy, Information Technology(IT) strategy and future IS/IT strategies. This study reveals the following results: The absence of good system integration with the business units involved makes the company in a weak position. But in terms of opportunity is quite high so that the use of technology and information systems that fit business needs is recommended in this study. The results of this study recommends some applications that can solve problems commonly experienced by companies such as system integration and business process automation to achieve more efficient and effective business processes.
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Salim, M. Noor. "Factors Affecting a Business Strategy and its Impact on Construction Services in a Special Area of Jakarta: Balanced Scorecard and Malcolm Baldrige Approach." Business Management and Strategy 9, no. 1 (2018): 310. http://dx.doi.org/10.5296/bms.v9i1.13251.
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Research in the field of strategic management is intended to test and analyze the influence of the external and internal environment of the organization on the performance of construction service companies through the business strategy of construction service companies. This research uses balanced scorecard and Malcolm Baldrige integration approach. Innovation on performance merging as measured by Balanced Scorecard and Malcolm Baldrige performance. Variable research includes external environment variables, internal environment, business strategy and performance of construction company services. The method of analysis is done by Structural Equation Modeling (SEM) model. The external environment influences the performance of construction services through business strategy, it shows that the dynamic influence of the external environment explores the macro strength and competition analysis it is necessary to apply the right strategy through business quality and partnership strategy then the performance of construction services will be increasing. Internal environment affects the performance of construction services through business strategy, it shows that the dynamic influence of the internal environment through the culture, structure and sources of the organization it is necessary for the implementation of appropriate strategies through business quality and partnership strategy so that the performance of construction services will getting up.
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Bentley-Goode, Kathleen A., Thomas C. Omer, and Brady J. Twedt. "Does Business Strategy Impact a Firm’s Information Environment?" Journal of Accounting, Auditing & Finance 34, no. 4 (2017): 563–87. http://dx.doi.org/10.1177/0148558x17726893.
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This study examines whether a firm’s business strategy affects their information environment. Organizational theory suggests that firms following an innovative “prospector” strategy have greater incentives to provide more frequent voluntary disclosures than firms following an efficient “defender” strategy. Furthermore, prospectors are more likely to attract greater coverage by external information intermediaries. We find that prospectors engage in more frequent management earnings guidance, issue more press releases, and are followed by more financial analysts compared with defenders. Next, we examine the association between business strategy and information asymmetry. We find that despite prospectors having attributes associated with information asymmetry (e.g., R&D, growth options), prospectors have lower information asymmetry than defenders. We attribute this finding to prospectors’ greater access to both internal and external sources of disclosure compared with defender firms, which we confirm using mediation analysis. Collectively, our results suggest that business strategy does affect firms’ information environments, incremental to known determinants, and that strategy serves as a useful context for understanding a firm’s underlying information environment.
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Okeyo, Washington O., James M. Gathungu, and Peter K’Obonyo. "Entrepreneurial Orientation, Business Development Services, Business Environment, and Performance: A Critical Literature Review." European Scientific Journal, ESJ 12, no. 28 (2016): 188. http://dx.doi.org/10.19044/esj.2016.v12n28p188.
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The role of entrepreneurial orientation in firms has been a major area of interest to many scholars in the past. Entrepreneurially oriented firms are innovative, calculated risk-takers, and proactively reach markets ahead of their competitors. This paper examines the role of business development services, internal and external business environments on the relationship between entrepreneurial orientation and firm’s performance. The article is a theoretical discourse and uses literature from secondary sources in the analysis. The paper finds that past studies conceptualized entrepreneurial orientation as a three factor single-dimensional model and a five factor multidimensional model. Studies using the three factor model have reported different results to those adopting the five factor approach. This has led to inconsistencies in the empirical results of entrepreneurial orientation on firm’s performance. This article also finds that business development services play a mediating role in the entrepreneurial orientation and performance relationship, and that external environment moderates this relationship. However, the paper finds no role of internal environment in the EO-firm’s performance relationship. The paper concludes that the link between entrepreneurial orientation and performance is still a worthy area for further study since contradictions still exist in empirical studies. This study recommends that future studies can use a contingency framework to focus on how other factors are likely to affect this relationship.
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Sianturi, Fitri Leris Febriana. "The Inlfuence of External Environment on Balance Score Card-Based Business Performance on Handycraft Msmes in Bandung City." JASa (Jurnal Akuntansi, Audit dan Sistem Informasi Akuntansi) 7, no. 1 (2023): 72–80. http://dx.doi.org/10.36555/jasa.v7i1.1994.
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This study aims to determine the effect of the external environment on business performance based on a balance score card. The factors tested in this study are the independent variable is the external environment, while the dependent variable is business performance based on a balance score card. The research method used is the verification method. The population in this research is handycraft MSMEs in the city of Bandung, amounting to 392 MSMEs. The sampling technique used is a probability sampling technique with a simple random sampling technique, while to calculate the sample size using the Slovin formula so that the number of samples is 80 MSMEs. The analytical method used is simple linear regression analysis using the SPSS Version 25.00 program. The results showed that the external environment and business performance based on the balance score card were included in the fairly good category. In addition, the results of hypothesis testing show that the external environment has an effect on business performance based on a balance score card on handycraft MSMEs in the city of Bandung. The magnitude of the influence of the external environment in contributing to business performance based on a balance score card is 38.3%.
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Onyshchenko, Svitlana, Oleksandra Maslii, and Bohdan Ivaniuk. "The Impact of the External Environment on the Economic Security of Ukrainian Business." Економіка і регіон/ Economics and region, no. 1(76) (August 2, 2020): 22–29. https://doi.org/10.26906/eir.2020.1(76).1914.
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The influence of the external environment on the economic security of business in Ukraine is studied, a number of determinants determining the content, structure and level of its provision are determined. The business environment as a complex, multidimensional, multifunctional system is considered, its features and components are defined. The determinants of the environment of direct and indirect impact on the economic security of business are characterized. It is proposed to consider the content of the concept of “economic security of a business” from the position of a functional and protective approach, taking into account the conditions of the business environment, and it allows solving fundamentally new tasks to strengthen its security and increase its ability to counteract threats and dangers at both the macro and micro levels. The goals, objects and subjects of economic security of the business, generalized organizational ways of ensuring economic security of the business from the position of a protective approach are defined. It is proved that balancing the interests of various stakeholders is an important prerequisite for the formation of a favorable business environment and economic security of the business. The main negative officials have been systematized, which will contribute to securing an economically safe business in Ukraine due to the global rating of the minds of the organization of business intelligence. The analysis of the dynamics of key indicators in the regulatory climate in Ukraine was carried out, the constructive and destructive inflow of officials of the traditional middleware to an economic safety net is marked. The authors made the evaluation the place of Ukraine and countries of the world behind the index "Doing Business-2020". Quantitative indicators are summarized that the development of the economy has been brought up, so that the economy of Ukraine is unsightly for the business, the small and medium size. It is designated that in Ukraine and in the regions there has not yet been set up a hospitable business means for securing an economically safe business, and it is designated a determinant. The necessity of ensuring the economic security of business as a component of socio-economic development and the prerequisites for achieving the national economic interests of Ukraine is substantiated.
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Purwanti, Ari, Loso Judijanto, and Najdah Thalib. "The Influence of the External Environment on Business Strategy Planning and Implementation." West Science Journal Economic and Entrepreneurship 1, no. 02 (2023): 42–49. http://dx.doi.org/10.58812/wsjee.v1i02.263.
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This research investigates the influence of the external environment on business strategy planning and implementation in Micro, Small, and Medium Enterprises (MSMEs) in Indonesia through a quantitative analysis. The study encompasses a diverse sample of participants representing various industries, business sizes, and geographic locations. Perceived impacts of external factors, such as economic conditions, technological changes, regulatory factors, and competitive forces, were assessed. Additionally, the study explored the success of business strategy formulation and implementation across different industries. A regression analysis was conducted to uncover relationships between external factors and business strategy success. The findings reveal industry-specific nuances, emphasizing the importance of tailored strategies for MSMEs in Indonesia. The research contributes to the understanding of strategic management in the MSME sector and provides insights for policymakers and practitioners seeking to enhance the resilience and growth of these enterprises.
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Sri, Utami Hanggondosari SE MM. "Analysis of Business Development Strategies for know Small Business in Kediri." JOURNAL OF ECONOMICS, FINANCE AND MANAGEMENT STUDIES 06, no. 05 (2023): 2035–41. https://doi.org/10.5281/zenodo.7928762.
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This research is motivated by the fact that internal and external factors in a business are important components in the development of small businesses in rural areas. The main objective of this study was to determine the internal factors that became strengths and weaknesses and external factors that became opportunities and threats in small businesses in rural areas. After knowing the strengths, weaknesses, opportunities and threats, you can analyze business development strategies for small businesses in rural areas. This study used small tofu entrepreneurs in Tinalan Village, Pesantren District, Kediri Regency, as the sample using Simple Random Sampling on all tofu small entrepreneurs as the population with a determination of 30 respondents. This data is analyzed using the Internal External (IE) Matrix and Market Share Growth Matrix. Based on the results of the research, it shows the following conditions: (1) That the business development that needs to be done to determine the strategy for the small business is an Intensive Strategy that focuses on increasing the competitive position through existing products. (2) Whereas the test results of market share growth analysis show a value above the benchmark, which is 10%. Thus the results of this study can be used as a policy basis in knowing internal and external environmental aspects so that they can analyze development strategies for small businesses in rural areas.
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Гринев, Г., G. Grinev, Ю. Дремова, and Yu Dremova. "The External Environment For the Professional Development of the Maturing Personality." Scientific Research and Development. Modern Communication Studies 6, no. 5 (2017): 73–77. http://dx.doi.org/10.12737/article_59ad0062821b10.85909219.
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The paradigms, characteristics, dynamics and information links of the external environment of maturing personality were considered. In the external environment three components were investigated: the social environment and its dynamics; business and business environment, their dynamics; the educational environment. The dynamics of social processes and management systems in modern organizations were studied. The positive and negative processes affecting the development of the personality were considered. The flowchart illustrating the considered issues was created. Research results are available for the reflection of changes in educational technology and content required for the individual’s professional development.
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Fyliuk, Halyna, Vasylyna Kolosha, and Ihor Prytula. "CONTEMPORARY TRENDS IN THE BUSINESS ENVIRONMENT IN UKRAINE." THEORETICAL AND APPLIED ISSUES OF ECONOMICS, no. 48 (2024): 4–8. http://dx.doi.org/10.17721/tppe.2024.48.1.
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The article examines the impact of external and internal factors on the macroeconomic situation and business environment in Ukraine. It discusses the peculiarities of the business environment's reaction to unstable conditions, including the presence of financial reserves in companies, cost optimization, and management strategies. The influence of war on the demand and supply of services, changes in the economic structure, and new requirements for businesses are analyzed in detail. The size and basic characteristics of economic sectors are studied, and factors affecting business efficiency in Ukraine are identified. The article focuses on determining the interrelations between the development of the business environment and economic processes in Ukraine. It reviews the specificities of Ukraine's macroeconomic situation during wartime and the impact of external and internal factors on economic development. Moreover, key macroeconomic indicators are analyzed based on statistical data, and a detailed study is conducted on how full-scale war affects Ukraine's economy. The reaction of the business environment to unstable conditions, including the availability of financial reserves in companies, cost optimization, and management strategies, is also analyzed. Special attention is paid to the impact of war on demand and supply. The segments of the economy most affected by the war are examined, as well as changes in the economic structure. The size and basic characteristics of the economy are analyzed, and trends in development and factors influencing its efficiency are identified. Various methods are used in the study, including analysis of statistical data, expert surveys, and comparative analysis with macroeconomic indicators. In particular, the research is oriented towards determining the interrelations between the influence of external factors and economic processes in Ukraine. Based on the obtained data, regularities of economic development in Ukraine are formed, and a forecast for the economy's development in 2024 is constructed. The conclusions of the study may be useful for professionals interested in Ukraine's macroeconomic processes, as well as for businesses and government structures involved in strategic planning.
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Mistri, Dharmishta, and Prof (Dr ). Suresh Savani. "A STRATEGIC INSIGHTS INTO EXTERNAL ENVIRONMENT FOR SMALL AND MEDIUM ENTERPRISES." Indian Journal of Accounting 56, no. 02 (2025): 13–30. https://doi.org/10.63637/ija.v56i02.13-30.
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This paper introduces a tool called “Degree of Turbulence”, designed to help identify which external environments are most impacted and require immediate change. Small and Medium Enterprises (SMEs) encounter many challenges related to their external Business environment. In fostering growth of SMEs, it’s compulsory to adopt various external environment like political change, market change, change customer expectation, technology and more on. Businesses must adept changes for generate investments sources and job opportunities. Effectively responding to change in technology, change customer demands, supplier expectations, regulatory environment, and increased competition demands adept organizational change management to their success. The Degree of Turbulence model serves as a valuable self-assessment tool for SMEs, aiding in environmental scanning and facilitating assessment of future impacts. This enables SMEs to dynamic adjust to coming external changes, ensuring sustained viability. In this study, collected the data of 30 SMEs from Bhavnagar district, Gujarat, India to find their impact of external environment change and find how Degree of Turbulence helping to take any further Business decisions. This study to understand the importance of future environmental scanning for SMEs. The Degree of Turbulence model not only aids in identifying the significance of external changes but also supports SMEs in formulating strategies that organize with emerging trends and regulatory change.
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Aisyah, Ratnasari, and Marfu Asep. "Process Business And External Environment In Mattering Service Quality: The Moderator of Knowledge Management." International Journal of Current Science Research and Review 06, no. 07 (2023): 4948–56. https://doi.org/10.5281/zenodo.8176428.
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Abstract : This quantitative study investigates the connections between knowledge management, business processes, and service quality. The study examines how corporate procedures directly affect service quality and how the outside environment affects it. It also looks into how knowledge management affects business processes and customer service quality. A sample of the medical industry in Tangerang City, Indonesia, received surveys, and 12 complete replies were examined. The results show that while the external environment significantly affects service quality, business practices do not directly influence it. The relationship between business processes and service quality is moderated by knowledge management, underscoring the significance of efficiently utilising organisational knowledge resources. These results point to the necessity of a comprehensive service quality improvement strategy that considers outside variables and employs efficient knowledge management techniques. Future research should overcome drawbacks like sample biases and explore these correlations using a variety of approaches and larger samples.
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Sudarto, Nadirah, and Alibasjah Inggriantara. "Business Strategy for PT Finansindo Mikro Facing Competition in Microfinance Business." International Journal of Research in Engineering, Science and Management 3, no. 11 (2020): 121–24. http://dx.doi.org/10.47607/ijresm.2020.386.
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Financial technology or fintech, has developed rapidly and made matters easier for storing, borrowing or investing online or with mobile devices. The competition can be seen through peer -to-peer (P2P) lender accounts, which have increased from year to year. Finansindo is engaged in micro-business as a P2P that targets women entrepreneurs who cannot access conventional banks or are not bankable. such as banks and microfinance institutions (MFIs). The External and internal environment will be analyzed to understand current business conditions. Analysis of the external environment contains PEST, industry forces and competitor analysis. Internal environment includes 7P marketing mix analysis and STP analysis. SWOT Analysis and Ansoff Matrix are used to obtain three strategic choices, namely: market development, product development, and market development, together with product development. Based on the analysis, the chosen strategy is market development. Product development is less attractive due to regulations limiting P2P. Market development and joint product development are not attractive due to regulation and limited resources. In conclusion, Finansindo recommends focusing on market development, which offers the same target but in other geographical areas. Adjusting to the previous segment and with relatively high ceiling considerations, Finansindo is recommended to operate in Aceh, North Sumatra, and Riau.
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Burduja, Sebastian I., and Rodica Milena Zaharia. "Romanian Business Leaders’ Perceptions of Business-to-Business Corruption: Leading More Responsible Businesses?" Sustainability 11, no. 20 (2019): 5548. http://dx.doi.org/10.3390/su11205548.
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Business-to-business (B2B) corruption, also known as private corruption, refers to unethical or illicit activities between private parties, without the direct participation of the state. Existing literature on the topic, while still limited, has taken several avenues, from qualitative studies to perception-based surveys and research experiments. Upon reviewing key studies and their findings, this article concentrates on research questions related to: business people’s perceptions on the determinants that favor B2B corruption in Romania, consequences of the phenomenon, and potential solutions. Findings are based on primary data collected through a 2019 questionnaire administered to 120 business leaders in Romania. Results confirm earlier studies’ findings that general context, malfunction of the institutions, and mentality favor B2B corruption, and that there is a lack of consensus among the business community on how to recognize and deal with various forms of B2B corruption, despite the widely spread belief that B2B corruption negatively affects business activities. Also, both internal and external solutions are considered to work against B2B corruption. The current article also opens new avenues in the literature, showing that: the probability to face B2B corruption increases with business leaders’ professional experience; preferences on how to deal with corruption cases vary based on a firm’s capital structure (domestic vs. foreign), reflecting the importance of organizational culture; and business leaders overwhelmingly want to fight against B2B corruption through both internal and external measures. Substantial progress, however, will require a proper common understanding by the private sector of what constitutes B2B corruption, including its causes, consequences, and remedies.
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TKACHUK, V. I., Yu K. YAREMOV, and M. I. YAREMOVA. "MANAGEMENT OF ECONOMIC SECURITY OF BUSINESS ENTITIES." Herald of Kiev Institute of Business and Technology 42, no. 4 (2019): 81–88. http://dx.doi.org/10.37203/kibit.2019.42.13.
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The article examines the role of the business environment in shaping the economic security of business entities. The key economic interests of the entity and factors of influence that originate from the internal and external environment and which have a significant impact on the commercial business are distinguished. Potential and real threats to the realization of economic interests and the achievement of goals of the business entities are foreseen. Appropriate measures of an effective system of their protection within the competence of economic security have been developed. The author's vision of defining the economic security of business entities is proposed, which is interpreted as a state of protection of economic interests against the destructive effects of the business environment that maintains resistance to internal and external threats, ensures high competitiveness and ability to sustainable development. It is proposed to distinguish certain areas of economic security, which differ in their purpose and have an individual focus, namely financial, personnel, technical and market. It is proved that the formation of components is, first of all, related to the internal environment, since its factors are solely within the competence of the economic entity and is a primary sign of its effective functioning, which will allow sustainably resisting the effects of the external environment. Internal and external threats of economic activity by separate functional components are distinguished. It is taken into account that economic security management provides for their comprehensive systematic monitoring in order to prevent and minimize destructive effects in a timely. Preventive measures have been developed to improve the level of business security, which will allow to successfully operate in the conditions of competition and to ensure the sustainable development of business entities in the future.
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Suryana, Tatang. "Pengaruh Lingkungan Eksternal, Internal dan Etika Bisnis terhadap Kemitraan Usaha serta Implikasinya pada Kinerja Usaha Kecil." Jurnal Ilmiah Manajemen Kontigensi 2, no. 2 (2014): 68–88. https://doi.org/10.5281/zenodo.3375666.
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<em>This research is expected to contribute to development economics in particular, external and internal environment, business ethics, business partnership, performance small enterprises, strategic management, marketing management, human resource management, and economic in general. The study was conducted by using descriptive and inductive methods, namely collecting, presenting and analyzing and testing hypotheses, and making inferences and suggestions. Research conducted on batik cap small businesses in West Java with a sample size of 116 companies through simple random sampling technique proportionally. The method of analysis using structural equation model (SEM).</em> <em>This research, obtained some conclusions as follows: 1) The external environment has shown a fairly good level categories and need to be considered regarding the certainty of government in setting the wage system. Internal environment has shown a good level categories, but keep in mind the human resource owned by the company. Business ethics is a good show category, but still need to acquisition capitalization companies generally obtained directly.</em> <em>2) Partnership shows a fairly good level category, but it should be noted again the level of profits that have not been in accordance with the company's goals.</em><em> 3) Performance of small businesses showed a fairly good level category, but should be considered companies are always trying to acquire new customers. 4) Based on SEM analysis showed that the external environment, internal environment, and business ethics simultaneously positive and significant impact on the partnership variable of 64.6%. External environment partially positive and significant impact to business partnerships of 15.51%. Internal environment positive and significant impact to business partnerships of 28.73%. Business ethics positive and significant effect to business partnerships of 20.30%. 5) Business Partnership positive and significant impact to Small enterprises Performance of 84.3%.</em>
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Murthy, Vikram. "Learning from praxis." World Journal of Entrepreneurship, Management and Sustainable Development 10, no. 1 (2014): 33–47. http://dx.doi.org/10.1108/wjemsd-03-2013-0024.
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Purpose – This paper uses a number of current examples from a variety of industries both regional and global, to explore the relationship between business longevity, environment, and adaptiveness to argue that only adaptive responses contingent on a proper classification of external circumstance will result in productive efficacy for the business. The paper aims to discuss these issues. Design/methodology/approach – There is compelling evidence that businesses have limited life spans. Management and economic theories of creative destruction, argue that this is salutary for markets and economies. Yet as a counterpoint there are significant benefits to business longevity. Such longevity, however, is predicated on the business's dimensionalised understanding of its task and contextual environment and its deployment of an adaptive response contingent on such understanding. Findings – It is mandatory in prevailing times that adaptive responses ensure that the overall business has external fit and alignment with its environment and internal congruence and consistency between organisational subsystems and their internal subenvironments. Originality/value – The calculus of limited and unpredictable business life spans is justified by theories of creative destruction and hypercompetition. Yet there are intrinsic and extrinsic advantages to business longevity. A causative flow is proffered that predicates business longevity on its ability to; first, classify its prevailing environment, and thereafter deploy contingent adaptive responses for productive efficacy.
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Mezhevov, A. D., A. V. Zheltenkov, and S. A. Ryabichenko. "New management requirements in an accelerating changing external environment." Vestnik Universiteta 1, no. 11 (2022): 71–76. http://dx.doi.org/10.26425/1816-4277-2022-11-71-76.
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The article examines the impact of scientific and technological progress and changes in politics and economics on management in organisation. The effectiveness of contemporary governance systems can be assessed using well-known criteria: average gain; a cautious observer (Wald’s criterion); Laplace criterion; maximax et al. The use of the VUCA-world philosophy has predetermined the search for a solution to the problem of developing new requirements for the knowledge and skills of managers and specialists in the organisation, the availability and formation of competences. In line with the aim of the work – to find new approaches and requirements for management decision-making and organisation management – new requirements for assessing the changing environment, the business response to these changes, and new aspects of managerial and personnel behaviour in organisations have been identified. It has been revealed that in business training it is necessary to pay more attention to the formation of the desire for self-improvement and the development of the ability to overcome difficult situations, to divide goals into subgoals, tasks into stages. The methods of analysis and synthesis, induction and deduction have been used. Applying the results of the study in practice will improve the management of contemporary organisations.
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Ridha, Muhammad, Rizal Syarief, and Rokhani Hasbullah. "Business Development Strategy Tenant Business Incubator STP IPB; Case Study PT Ecodoe Widya Candia Internasional." International Journal of Research and Review 9, no. 4 (2022): 203–16. http://dx.doi.org/10.52403/ijrr.20220426.
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Ecodoe is one of the companies that move in the field of E-Commerce souvenirs and gifts that are present to provide solutions for companies that need souvenir kits, without having to buy retail. Behind the growth of startups that seem significant, there are also failures that befall the perpetrators in various business sectors. Once support from governments and external agencies ends, revenue from startups tends to decline to the point that puts these businesses in a situation called the 'Valley of Death'. The study used the Internal Factor Evaluation Matrix (IFE) and the External Factor Evaluation Matrix (EFE) to identify the inernal environment and external environment of the company that are the strengths, weaknesses, opportunities and threats of Ecodoe. Furthermore, using Matrix IE analysis to find out the position of the company and produce alternative strategies using the SWOT matrix The results of the analysis of the preparation of alternative strategies with the SWOT matrix method on Ecodoe resulted in thirteen alternative strategies. Keywords: ECODOE, SWOT, Start Up.
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Syahardi, Amri, Lukman Mohammad Baga, and Ratna Winandi. "FAKTOR-FAKTOR YANG MEMENGARUHI KINERJA USAHA WANITA WIRAUSAHA PADA INDUSTRI MAKANAN RINGAN DI PROVINSI SUMATERA BARAT." Forum Agribisnis 7, no. 2 (2017): 161–72. http://dx.doi.org/10.29244/fagb.7.2.161-172.
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Women entrepreneurs as the family support unit that plays a role in increasing the family income, has a performance which is still low compared to male entrepreneurs. The purpose of this study was to analyze (1) the profile of women entrepreneurs and snack food industry; (2) the influence of personal characteristics, internal and external business environment, as well as entrepreneurial behavior to business performance of women entrepreneurs. This study used survey method that conducted in Limapuluh Kota Regency and Payakumbuh City. Structural Equation Modeling (SEM) was used for descriptive and quantitative analysis. The respondents used were 105 women entrepreneurs. The results showed that: (1) women entrepreneurs engaged in the snack food industry in West Sumatera in general are in the productive age above 40 years, the business managed by women entrepreneurs in general is still relatively small business with income average of Rp1.687.000 per week; (2) the personal characteristics, internal environment of business, external environment of business, and the entrepreneurial behaviour has positive and significant influence to business performance. The most dominant personal characteristics which influence the business performance were education and family background, the most dominant internal environment which influence business performance was financial aspect, the most dominant external environment which influence business performance was marketing and the most dominant entrepreneurial behavior influences the business performance was innovation. Women entrepreneurs were encouraged to improve human resources and risk taking by borrowing capital to develop the business.
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Gichara, Rael Wahu, Samuel Mutuka, and Evans Ogoti. "Impact of External Business Environment on Training in Nurses at a Referral Hospital in Kenya." International Journal of Human Resource Studies 6, no. 2 (2016): 14. http://dx.doi.org/10.5296/ijhrs.v6i2.9205.
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The purpose of this study was to investigate the impact of the political environment (government policies, devolution to county governments, professional associations and trade unions) socio-cultural environment (age, gender, education levels and peer-pressure) and technological environment (advancement in technology, evolving hospital care delivery systems, information and communication technology, invention and innovations) on staff training at a referral hospital. The study was conducted based on data collected from 322 nurses working at Moi Teaching and Referral Hospital in Eldoret, Western Kenya. The hypotheses were tested using Pearson correlation coefficients and multiple stepwise linear regression analysis. The findings of the study indicated that the technological environment explained 95% of the variation in nurse training (Adjusted R2 =0.942, P<0.05). On the other hand, the political and social-cultural environments were not significant predictors of training in nurses (P>0.05).
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Onyusheva, Irina, Lalita Thammashote, and Jatuporn Thongaim. "URBAN BUSINESS ENVIRONMENT: MANAGING CROSS-CULTURAL PROBLEMS." EUrASEANs: journal on global socio-economic dynamics, no. 1(20) (February 5, 2020): 30–43. http://dx.doi.org/10.35678/2539-5645.1(20).2020.30-43.
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Paper considers in detail the issue of multicultural urban business environment in the context of managing cross-cultural problems within globalization. When people try to accept and respect different cultures, they will gain new opportunities and experiences. One of the most effective tools is tolerant communication leading to understanding and acceptance of cultural diversity. In this research, we study the contemporary concept of urban business environment as a set of external and internal factors influencing business development in the framework of urban infrastructure. The authors provide their own definition of the concept of globalization and also describe the key global trends, including globalization of human capital under the conditions of demographic and cultural diversity. The work is also aimed to detect how multiculture affects urban business environment in part of finding managerial solutions and countermeasures to overcome the major cross-cultural challenges.
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Artto, Karlos, Tuomas Ahola, Riikka Kyrö, and Antti Peltokorpi. "Managing business networks for value creation in facilities and their external environments." Facilities 35, no. 1/2 (2017): 99–115. http://dx.doi.org/10.1108/f-07-2015-0049.
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Purpose The purpose of this paper is to increase understanding of the logic of business network formation among the co-located and external actors of a facility. Design/methodology/approach The research adopts a theory-building approach through developing propositions inductively from the empirical case study on four purposefully sampled modern service station facilities. The focus is on analyzing how a facility and its inherent co-located actors represent an entity that forms a business network with external actors in the facility’s environment. Findings The findings propose that when co-located with a large number of actors, the facility and its actors represent an entity that is connected to a wide business network of multiple external actors. On the other hand, when co-located with a small number of actors, the facility becomes a part of the overall supply in the surrounding business environment with a differentiated offering for competitive advantage. Practical implications The research suggests that an appropriate co-locating strategy, for example, when planning the tenant mix of the facility, can contribute to creating a vivid business network in the external environment, which raises the facility to a role of a central entity in such a network. Originality/value The findings explaining how co-location affects the businesses within the facility and within a wider networked environment are novel to the scholarly knowledge on co-location. The research bridges the theories of co-location and business networks that have been treated as separate discourses in previous research.
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Joshi, Gaurav. "Whose fault is it? Loan defaults at the Devkhand bank, India." Emerald Emerging Markets Case Studies 12, no. 1 (2022): 1–24. http://dx.doi.org/10.1108/eemcs-01-2021-0013.
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Learning outcomes Through this case, the students will be able: to study how developments in the external environment impact businesses, in general, and banking sector, in particular, banks/banking, environmental management, financing/borrowing, government, political business risk and politics; to identify the politico-legal constituents of the external environment which significantly influence businesses; and to analyse the pros and cons of loan-waivers as a policy decision on various stakeholders including banks, borrowers, governments as well as the larger society. Case overview/synopsis The case is symptomatic of the dilemmas faced by the Indian bank employees, in charge of loan-disbursals, torn between seemingly contradictory demands from their top management and the governments. Complexity academic level The case is meant to be used in the course on “Business Environment” both at the UG and PG levels. It can be used along with the module on “External Environment and its Constituents” to augment students’ understanding of the “Impact of Political Environment on Business.” The case can also enrich the class discussion on the PEST (politico-legal/economic/socio-cultural/technological) framework for analysing the forces in the external environment acting upon a business. Supplementary materials Teaching notes are available for educators only. Subject code CSS 4: Environmental Management.