Environment can be defined as all factors outside an organization’s boundaries that affect the activities of the organization. Environmental factors consist of information, capital, material, people, and other organizations. For example, consider a fast-food hamburger restaurant near a college campus. An environmental factor would be the supplier from whom the restaurant buys its ground beef. Statistics on college enrollment would be a factor. Information about patterns of hamburger consumption among college students would be another factor.A manager’s understanding of environmental factors is helped by learning to identify environmental domains which comprise groups of factors.

Read more about environmental domains

Eric Raymond

centre dentaire