What elements of the internal/external environment pose the greatest challenge to organizations?
The internal and external environments of organizations are rapidly changing. What elements of the internal/external environment pose the greatest challenge to organizations and what strategies can they develop to deal with the challenges?
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Internal elements of the organization which represents great challenge:
1. Profitability,
2. sales,
3. employee capability;
External elements of the organization which represents great challenge:
1. Customer segments;
2. Competition
3. Market elements: profitability, entry barriers, trends factors
4. Technological, governmental, economical changes