MANAGERS AND BUSINESS

ENVIRONMENT

PRESENTED TO : PRESENTED BY:

GUNEET MAM WOLF PACK
 TEAM MEMBERS
 VEER PRTAP
 PRINCE TYAGI
 JANHAVI GARG
 DEEPIKA SHARMA
 DEVESH KAPOOR
 ANUSHKA SINGH
 AKSHAY MALIK
 ANKIT PANDEY
 MANAGER

 Managers is a job title that used in organization to

designate an employee who leads function or department
and often employees as well.
 A person responsible for controlling or administering
organization or group of staff.
 A person regarded in term of their skill in managing
resources, especially those of a household .
 Role of Manager
1. Daily operation
2. Staffing
3. Set goals
4. Liaising
5. Administration
6. Delegation
7. Motivate
8. Enforcing policy
9. Training
10. Evaluation
 TIPS FOR NEW MANAGERS

 Develop an ethos : for establish and maintain the

desired professional ethos when in a new workplace.
 CONFIDENCE : it equips a manager with the necessary
authority to manage a new group of employees.
 INTERPERSONAL RELATIONSHIP
 STRESS MANAGEMENT: Begins a new poistion is hard ,
so it is important that managers pratice stress
management.
 TRANSITION SLOWLY : after observing the work
environment and slowly transition to the desired
management style.
 HOW TO DELIVER SUCCESS ?

 CONTINGENCY APPROACH : It is based on the idea

that management techniques should change
depending on the particular situation.
 BEHAVIORAL APPROACH: To facilitate a positive
work environment , managers approach their jobs
with an awareness of employees , needs for
workplace satisfaction.
 CONTEMPORARY APPROACH: It argues that effective
managers maintain a strong staff with the proper
tools to make the workplace more efficient and
satisfying.
 BUSINESS ENVIRONMENT

 THE combination of internal and external factors

that influence a company’s operating situation.
 The business environment can include factors such
as clients and suppliers; its competition and owners ,
improvement in technology , laws and govt.
activities.
 Business environment may be defined as the total
surroundings, which have a direct or indirect bearing
on the functioning of business.
 Features of business environment

 It also includes the internal factors of the business

i.e. owners, employees and their relationship with
each other.
 Business environment differs from place to place,
region and region to region, country to country .
 Political condition in India differ from those in
Pakistan.
 Taste and values cherished by people in India and
china vary considerably.
 INTERNAL FACTOR

 An organization’s internal environment is composed of

the elements within the organization, including current
employees, management, and especially corporate
culture.
 The main internal factors are :
 Customers
 Suppliers
 Competitors
 Share holders
 Financial institutions
 Employees
 External factor

 An external factor is composed of all the outside

factors or influences that impact the operation of
business .
 The business must act or react to keep up its flow of
operations.
 External factor can be classified into two types :
1.Micro environment
2. Macro environment
 SOCIAL ENVIRONMENT

 The social environment of business includes social

factors like customs, traditions, values, beliefs,
poverty, literacy, life expectancy rate etc .
 The social structure and the values that a society
cherishes have a great influence on the functioning
of business firms.
 For e.g. during festive seasons there is an increase in
the demand for new clothes, sweets, fruits, flowers,
etc.
 POLITICAL ENVIRONMENT

 This includes the political system, the government

policies and attitude towards the business
community and the unionism.
 All these aspects have a bearing on the strategies
adopted by the business firms.
 The stability of the govt. also influences business
and related activities to a great extent.
 For e.g. coca-cola a cold drink widely used even now,
had to wind up operations in India in late seventies
 LEGAL ENVIRONMENT
 This refers to set of laws, regulations, which
influence the business organisations and their
operations.
 Every business organisation has to obey and work
within the framework of the law.
 The important legislations :
 Companies act, 1956
 Foreign exchange , management act, 1999.
 The factories act, 1948.
 TECHNOLOGICAL ENVIRONMENT

 Technological environment includes the methods,

techniques and approaches adopted for production
of goods and services and its distribution.
 The varying technological environments of different
countries affect the designing of products.
 For e.g. In USA and many other countries electrical
appliances are designed for 110 volts . But when
these are made for India , they have to be of 220 volt.
 NATURAL ENVIRONMENT

 The natural environment includes geographical and

ecological factors that influence the business
operations.
 These factors include the availability of natural
resources , weather and climatic condition, location
aspects etc.
 Business is greatly influenced by the nature of
natural environment.
 DEMOGRAPHIC ENVIRONMENT
 This refers to the size , density, distribution and
growth rate of population.
 All these factors have a direct bearing on the demand
for various goods and services.
 For e.g.
A country with the large population of children is
bound to have more demand for baby products.
And its vice versa
 Demand of people from cities and rural areas is
different.
 Economic environment
 The survival and success of each and every business
enterprise depend fully on its economic
environment.
 The main factors that affect the economic
environment are:
(a) Economic conditions
(b) Economic policies
(c) Economics system