Components of General Environment Components of Specific Environment Components of Internal Environment (Management, Employees, C) Transformation Feedback from Environments Advocacy Groups Inputs Outputs Customers Industry Regulation Suppliers Political/Legal Trends B Technical Trends Sociocultural Trends A. Competitors B. Culture C. Economy (Source: Image adapted from Chuck Williams. (n.d.). Management (7th ed.). Mason, OH: South-Western Cengage Learning, 2013: 70.)
Example One employee saying to another, "It's just the way we do things around here-it's our organizational culture." The passage of the Clean Air Act and its subsequent amendments This article from the Wall Street Journal describes the performance of the Ford Motor Company f thinking about different aspects of Ford's general, specific, and internal environments that may Ford Environment Internal environment General environment Specific environment e fiscal year. Read the article, 's performance.
The following table lists some events that might have influenced Ford's performance. For each event, choose which aspect of Ford's general, specific, or internal environment is represented. Event Aspect of Environment The development of MP3 players, featured in new Ford vehicles Increased prices for aluminum, which aluminum refiners passed along to Ford Economy Alan Mulally, Ford CEO, authorizes offering early retirement to hourly workers to reduce company expenses and increase profitability Political/legal trends. Technology Bob Shanks, Ford's finance chief, is likely to use environmental scanning to