This business report will explore the internal and external influences which help shape businesses. The NSW government has All business decisions about how and what to produce are affected by the environment in which the business operates. Successful business managers have a good understanding of the environment in which the business operates. This allows them to respond positively to changes that take place and prepare for the impact such changes will have on their business operations. It is through these influences which shapes a business’s productivity and success.
Internal influence: They are factors which businesses have some degree of control like location, management and business culture.
Location influences: The position of the business is an integral component to its success as the location can either make or break the business.
Visibility: A business must be visible to customer’s in order to attract them and achieve optimum customer flow. However, some companies concerned with manufacturing would choose a low-visibility location as it is not a vital consideration to attract customers,
Cost: If the business relies on passing customer traffic and maximum exposure, then the expensive cost factor is unavoidable. These types of businesses include coffee shops or cafés and retail shops. Some businesses like manufactures and mechanics do not rely on customer traffics and thus they use low cost sites. However, businesses nowadays are able to communicate with their
The company also should consider other factors in choosing the location of the plant including:
Qantas is Australia’s largest domestic and international airline. Although Qantas is primarily a passenger airline, air freight is also an integral part of its core business. Other Qantas operations include catering, tourism and E-commerce devoted to transport and travel. In order to have an effective business and operations process, a company, like Qantas must be aware of the influences that can affect it. By being aware of the influences it enables the business to make decision and choices that can get the most out of each influence, by doing this it can assist the business in its endeavours for success.
In the diversity Australian environment, business finds that itself experiences a rapidly change and the awareness of putting environmental factors into management is becoming necessary. Thus, for Coles supermarket, when planning strategically, it is important to take the interaction of organization and it environment into management. In so doing, long- term planning becomes geared toward future events and it brings planning more systematic and integrated (Gideon Nieman, Alf Bennett, 2006, pp.27). The business environment includes all the internal and external variables which exert affect on the operation of the business. In addition, the management cannot be carried out effectively and efficiently without taking external factor into consideration. And the internal environment, on another hand, which encompass many areas such as the strategy, business function, management task, setting goals, resource abilities and expectations of interest group must be taken into account.
It is now, not only commonplace to have a website detailing the operations of your company, but expected. ?The reality is consumer ? likely even you ? turn to the internet to discover what to do, where to go, who to buy things from and more. Keeping this in mind, shopping online isn?t the only reason people go online. Instead, being online leverages multiple avenues for small businesses to gain visibility among consumers.? (Leinbach-Reyhle, 2015). For a small business trying to compete with other small and larger businesses, visibility is key.
The purpose of this paper is to analyze the culture, the internal, and the external factors in an organization. Our job is to examine the entirety of the organization. That would include the structural and environmental elements that effect the operation of the business. We will also take an in depth look at the perspectives of employees, managers, owners, and clientele.
External influences cover a wide variety of factors, and their influence can differ between business types. These include the following:
These factors influence the internal environment of an organisation and they help in identifying the past and the present of the company, It also provides a frame work for reviewing strategy position and direction of the company.
4) Location- Decisions about where to locate a store are critical to any retailer’s success. Location decisions are particularly important because of their high cost, long-term commitment and impact on customer patronage. Choosing a particular location type involves evaluating a series of trade-offs. These trade-offs generally include the occupancy cost of location, the pedestrian and vehicle customer traffic associated with the location, the restrictions placed on the store operations by the property managers, and the convince of the location for customers.
Data Tech, Inc. faces a need to make effective relocation decision owing to the increasing volume of business and potential for higher volumes with the wave of technology. In order to relocate the business, there is need to look at a wider spectrum that incorporates immediate business needs and the potential future needs. In the way, a growing business can make cost effective relocation process evading constant needs for relocations (Kumar, 2010). According to Kumar (2010), a business' location serves as an important venture in the company strategy to keep growing while assuring current and future operational and cost conveniences. Considerations for facility management that incorporates customer-oriented aspects, comprehensive decision making, usage, space adoption and company strategic goals are paramount in business relocation (Sliwinski & Gabryelczyk, 2010).
Internal Factors: Internal factors are the factors within the company, which affects the success and operation of business. The company can control these factors. Effective internal management is the key to the successful business.
Identify and analyze the decision taken by a firm for establishing facility location for maximising its value.
Ranging from most important to least, there were several factors Styles took into consideration when deciding which location was the right fit for Data Tech, Inc.. Some of the influential factors included proximity to the airport, proximity to postal service, facility with excess capacity, facility with potential for expansion, close to business community, and a pleasant environment. A location near the airport is crucially important to Styles due to his need to travel to various customer locations. Seeing as Data Tech, Inc. receives numerous amounts of packages daily, a location near a postal
The company has to decide between the two locations based on their virtues, availability and higher margin of profit.
This work explores facilities location as a widely studied problem in current marketing trends. Further, it breaks down facility location into area description, placing facilities, feasible sites and assigning customers among others. In addition, facility location seeks to minimize transport costs and explore greater markets. The research has explored factors such as areas population, demand (present and future), and other factors affecting facility location. The methodological approaches employed are multiple attributives in nature and alternative ranking quantitative methods.
Location is a critical aspect of all operation management process. The driving forces of location are market economics, communication, supply chain efficiency, government restrictions, material flow, and labor (Heizer & Render, 2014, p332). By analyzing OM in the News articles China’s New Megacities and Industry Clustering, Where to Locate the Next McDonalds–in Your Hospital, Using Malaysia to Balance Supply Chain Disruptions, and Airbus Over Alabama it will make it possible to understand how important location is for an organization to gain a competitive advantage.