The Importance of Understanding the Organization's Environment

It is important to understand about the environments that organizations are facing? Yes, it is important to have sound understanding about the environments companies are facing as the external environment has an overwhelming impact on management uncertainly. As in this report writing, I will state important factors, elements and create why the study of the environment is important to us in this fast and changing world we ever live in. The assessment of external factors …

…clear understanding of our global market is a company destined to fail. References: 8.<Tab/>Paul R. Lawrence and Jay W. Lorsch, Organization and Environment (Homewood, Ill, Irwin, 1969). 9.<Tab/>James Thompson, Organizations in Action (New York: McGraw-Hill, 1967). 10.<Tab/>Jeffery Pfeffer and Gerald R. Salancik, "Organizational and Context", (1978, 258). 11.<Tab/>Rosalie L. Tung, "Dimensions of Organizational Environments", Academy of Management Journal 22 (1979): 672-93.