Posted at 10.05.2018
An corporation are thought as a social innovations for completing goals through group effort. Corporation in another term are called company. In order to make a business, we are in need of an organization for doing that goals. All person or people inside the business have common goals that is generating the profir and also provide the merchandise or services that's donate to our country.
In order to make an efficient businesses, before we start our plan, we should analysis the organizational environment. That is an essential factor to each company or business. Organizational environment means the causes that can make an impact towards a business. We should analysis well because it can cause the business whether earn the profit or loss the money. You will discover two types of organizational environment that are internal environment and external environment.
Internal environment relates the elements that are durability or weaknesses inside the business itself. For example, it could be our resources or financial problem. Before start the business, we must ensure that cash are for sale to the organization to develop. If our funds is positive, it can be calculate as a durability of corporation. In opposite way, if the money are low or organization are in high bad debts, this is the weaknesses of an organization itself.
Next, inner environment also include the recruiting of a business. This is refer to the people who are being employed by the business. Do these people have right qualification, explenius frame of mind that fit into their job guidelines? This all factors will be straight influence the procedure of the organization.
Other than that, the behavior of the employees that whether they behaved well or not also make an effect toward the performance of the business. The organization's objective statement, leadership styles, and its organizational culture are also the factors that are generally considered as a part of the internal environment. We usually called the inner environment as a micro factors as it just affect the business internally, and that are controllable and changeable.
Second, the external environment make reference to factors that are unable control by ourself. It normally link with opportunity and also threats outside towards the organization that's PEST research and competition. P refer to political factors. E make reference to inexpensive factors. S refer to interpersonal factors. T refer to technical factors. These factors will be inspired the decision making of the organization. The factors will pose either an opportunity or threat as mention above. We typically called exterior environment as a macro factors because that are beyond the control of the business.
Political factors refers to the degree of government intervention such as government laws, legislation, guidelines, stableness, corruption level and others. Let's take the business that provide education such as schools or university. Authorities forbid a foreign students cannot work inside our country nevertheless they have to apply VISA each year. So, in this, can be determined as a risk for the education business. Next, if criminal offenses rate in our country are increasing and increase, it's a serious of politics problems, so it's a risks to us also.
Economies factors identifies the performance of economies of the united states itself. Different countries may be categorized into developed and producing countries and the financial activity of each country may be run under different economical system. The influencing factors include financial expansion, unemployment rate, interest, exchange rates and the inflation rates. Other than that, rates of import and export also affect the cost-effective problem. Import refer to outflow of home money abroad. Export refer to inflow of money from other country to home country.
Social factors refer to lifestyle, culture, practice, thinks of people and associated demographic trends that are characteristic of confirmed geographic area. The influencing factors have for example, nowadays more girl are working, later relationships, high divorce rates that might cause to children with public problems such as high drop on in institution, low fertility rates and all that. These all factors affect the value and customers approval of the products, customers personal preferences, employees attitudes on the works, and honest issues.
Technological factors refer to new invention of technological or devices, creation methods or new research conclusions. If the marketplace provide the new technology that assist in business production, maybe we can consider that agree to more order or even make with a fresh idea or various types of choices to create a good sales performance.
Next, competition is one of the element in external environment. New rival on the market that is same industry with my company is consider as a danger for us. They will come out a fresh product that will catch the attention of out customer to them there. So, to get over this, we must change some our method before to continue going our businesses.
SWOT analysis is a proper planning that organization used to determine the Talents, Weaknesses, Opportunities, and Threats involved in a task or in a business jv. It is much used to gather information on the current situation of an organization.
Strength and weaknesses are the interior environment. Opportunity and dangers are external environments. Strengths refer to characteristics within an organization itself that give it an edge over others on the market. Weaknesses defined as the Characteristics of the venture at a downside relative to other. Opportunities is additional chances to us make greater sales or profits on the market. Threats make reference to additional elements in the environment that could bring and cause trouble for the business enterprise.
The businesses which i interviewed is a stationery stores that located nearby with my living areas here. The stationery stores name's EVERJOY STATIONERY STORES.
It establish at 12 months 2001 till now 2011. It gets the record of 10 of its businesses.
The company markets a great deal of stationery that are needed by students or working person. There have ruler pen, pencil, revision book, dictionary, stamps, A4 newspaper, and everything that are needed in writing or drawing. Who owns the stationery stores name's CHONG KIM HOCK. It retailers provide a very good service to their customer that always with smile faces. In addition, it provide additional services like binding a paper or photocopier. Who owns this shop have accepted my interview and answer a few of my question.
The strength of this stationery stores is its location place. It located at the Taman properties which nearby with many residences around. Another of its advantages has gone out Taman there only has this one stationery stores which provides complete stationery. So, businesses of owner is good all the days. Apart from that, the price tag on providing also cheaper than other outdoor stationery shop. Not only this, although the price is lower, but not because of that causing the quality become no good. Photocopier machine of there also is good in technology, its has choices for us whether is dark or coloring.
The weaknesses EVERJOY STATIONERY STORES is because of his shop are too specific, and besides of stationery, there is nothing offering there. So, acquired also customer of they'll complain. The dog owner explained that, due to areas of his shop not big enough for him to sell other things, so he just can sell the same things on a regular basis. That is a weaknesses for his shop. Another weaknesses of the stationery shop is too late of beginning time and too early of closing time. The shop opens at every 11. 00 morning hours and close at 08. 00 evening. The clients encourage the supervisor open previously and close more later part of the for enough time to them who are just back again from work going there and buy thing.
I just get prepared by who owns the shop that opportunities of EVERJOY STATIONERY STORE is he will start another of branches that aren't so far with this Taman here and place are big enough for him to market many thing such as a mini market segments because is too much of demand in this living areas. The new shop also name's EVERJOY Minuscule MARKETS.
The hazards of EVERJOY STATIONERY STORES is a few of food markets that close to with the shop acquired offers a few types of stationery also such as pencil, eraser. Although that aren't too much, but it also has just a little influenced.
In order to beat the condition of dangers and weaknesses. Inside the weaknesses, I would recommend that keep on provide all the stationery things. But I recovered that, the place is not big enough for the employer to sell other stuff is because of some small spot of the retailers has been filled with debris. I presumed that if arrange them rightly, there still have a little place that are enough for the manager to sell other related things. For the business enterprise hours, the owner can open before at 09. 30 am in the morning because this time are good enough for him to prepare all the things and close the shop at 10. 00pm at the night time.
As for the risks, the company have to turn out with a great deal of new things that can attract a views of customers and can keep them needed. For example, they can establish their aim for to kids, turn out with a fresh picture or adorable cartoon onto the eraser. This will likely attract the kids and purchase from them.
In my very own opinion, my personal studies throughout this project is whichever industry we are in, before we starting or the business is still taking place, we still have to observe all the factor that are strength, weaknesses, opportunities and threats for our company. If we are not to take action, we will soon visit a wrong path and can end up an enterprise closing down. All things are changing every day and each and every time, so we need to adjust it corresponding the time to make efficient business in every the time.