Business Organization, Research Paper Example

Organization’s basic legal, social, and economic environments

Business environment is the external environment to the organization. They are the forces that are not controllable by the business organization. They also have an impact on the business enterprise since the forces are present in the environment that the business operates. It is this very environment that influences the functions of the business enterprise. The main organization environments include social, legal and economic environments.

Legal environment

This is an environment that consists of adaptability and flexibility of law. It involves all the legal rules and regulations that govern the business enterprise. It includes all decisions and rulings of the court that affect the operation of the business.

Social environment

The social context determines the values of the society. These exact values are the ones that affect the functions of the business. Factors such as culture, income, wealth, mobility of labor affect the business. This is the environment that will help the organization to lay down the code of conduct that should be followed by the business. If the business is not able to follow ethical practices, such social groups as consumer forum and trade unions have a right to intervene.

Economic environment

This is an environment that involves the business cycles, nature of the economic system, structure of the economy and socio-economic infrastructure. The organization in question always visualizes the factors external to the business. They anticipate the potential situations in the market thus, make the most out of the opportunity.

Organization’s managerial, operational, and financial issues including Project Management, Project Timelines, Critical Paths and Contingency Planning, Implementation Plan Contingencies and Staffing Needs and Tools.

For the success of the project, a company has to manage their projects independently and assign a group to monitor its progress and also record the milestones. An organization should set a code of conduct that will ensure that operations are done according to their order. Project management involves the managing and planning of the changes that occur in the organization (Modesto & Tichapondwa, 2009, p. 19). The techniques and tools used are vital if different outcomes are to be expected. The organization organizes its resources and activities in order for a successful result to be realized. The management of the organization introduces and changes such things as products and services, buildings and premises, people, staffing and management, finance, purchasing and so on.

Project timelines provide a means in which other people can be informed of the progress of the project. The organization is in a food industry has a format that shows how they are progressing (Modesto & Tichapondwa, 2009, p. 21). The format they use is a date then the milestone.

Critical paths and contingency planning

The organization always tries to identify the sources of disruption whenever they are carrying out a project. This is done so that in case there is any problem appropriate action is taken. This is the contingency plan of the business. The popular tool used to analyze the critical path is PERT (project evaluation and review technique).

Implementation Plan Contingencies

Contingency plan has to be implemented in a way that will increase preparedness. This will also ensure that speed and quality is improved. If this is not done, the project in question may not succeed.

Staff needs and tools

The food industry considers a staffing strategy that is long term in nature. This gives the organization enough time to make their decisions. Staffing strategies should be created that aim to address issues in the staffing sector.

One Gantt chart Example

Gantt chart is a very essential tool in project management

Activity

A1- Prepare ingredients

B2- Prepare equipment

C3- Set table

D4- Fry sausages

E5- Serve breakfast

F6- Total cost

Impact of potential change factors and the impact on the functions of management

Change is the difference that is evident as compared to an earlier state. The change aims to transforms and converts a situation (Nickols, 2010, p. 2). Changes in an organization can come in terms of marketing strategies, technological infrastructure, decision making and management practices. Some employees find change extremely stressful and hence the organization should devise ways to counter the effects. The organization should help employees and inform them of the changes that are yet to occur. They should provide ways for employees to handle the change; this provides comfort to the employees. The management should provide assurances that they are going to handle their concerns. Changes introduced in the workplace are aimed at gaining a competitive edge and may include a change in operations.

References

Modesto S & Tichapondwa, S. 2009. Successful Project Management: Insights from Distance Education practices.

Nickols, F, 2010. Change Management 101. Distance Consulting LLC http://www.col.org/SiteCollectionDocuments/SuccessProjMgt.pdf