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Principles of management: Part 2 The environment of management

course at FHNW Basel major business information technology by Schuler Brido

course at FHNW Basel major business information technology by Schuler Brido


Set of flashcards Details

Flashcards 45
Language English
Category Micro-Economics
Level University
Created / Updated 02.01.2020 / 26.12.2021
Licencing Not defined
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Describe Suppliers and their position in the global force model

Suppliers are individuals and organizations that provide an organization with the input resources it needs to produce goods and services. (input resources are raw material, component parts, employees, capital. 

possible opportunities and threats are: 
- Change in nature, number or type of suppliers (1/n suppliers)

- global oursourcing

Describe Distributors and their position in the global force model

belong to the task environment

are organizations that help other organizations sell their goods or products to customers

powerful distributors can limit access to markets through its control of customers in those markets

Describe Customers and their position in the global force model

Individuals and groups that buy the goods and services an organization produces

Describe Competitiors and their posistion in the global force model

Organizations that produce goods and services that are similar to a particular organization's goods and services