Internal and External Factors Essay

External Factors Laura Smalt XMGT/230 May 12, 2013 Dr. B Internal and External Factors The formation I chose to write about is Subway restaurants. I have practiseed in management in two divergent locations, and have had a at first hand look at what goes into the four give-up the ghosts of management and how they interlock with each other. If I were to consider the readying aspect of this brass section it is amazing the amount of get going, projecting, forecasting, and effectuation that it entails.Factors such as globalization play a huge business office simply because this organization has over twenty thousand locations in seventy-eighty countries. The economy, trends, cultures, and habits in each region are taken into consideration in the planning function. When planning, corporate mustiness consider the economy in each region, which is wherefore one region may have a different monthly special than a nonher. Organizing completely of this also falls into the planning ph ase, because everything needs plotted with individual trade material, and training materials.Other factors have effects on all this as well. Keeping up with the current technology for instance, helps to keep back their locations running smoothly and efficiently. Being one of the universe of discourses largest devise immunitys requires planning and organizing to keep up with changing innovations, and to create new posting options that keep them competitive with others. When you look at the four functions of management as a whole, it is easy to notice that not only does each function interlock, simply also the organizing function interlocks with both planning and leading.In grade to maintain uniform locations that are all kept up to franchise standards systems must be put in place. This is also an excellent encounter to provide front line support on location where it is compulsory most. I think in this function factors such as regeneration and ethnics have a tremendous impa ct. Because these require so much interaction, these factors must be considered. For example, if the regional representative shows up for the monthly sales and progressions run across or for the inspection to all-Spanish speaking location there would be study communication issues.To address this all regional representatives are custom chosen for the areas they cover. These are the locations linked to corporate, and their leaders to keep in compliance. Because miscellanea and ethnics toilet encompass so much it is essential for management to know how to work with both. For example, management can assign a task to any employee, unless if that employee does not have that skill to complete the task in the end, the results are less than desirable. Because of this management must need to know how to assign tasks and work with the diversity they have in the employees.Ethnics on the other hand should be uniform and level throughout the organization, because it aligns management and a ll personnel inwardly the company in behaviors, and values. Ethnics also play a major voice in human beings relations, because the organizations ethnics reflect the image the public has of them. This is all brought together with the stamp downling function of management. Monitoring the entire organization, maturation new ideas, and applying changes happen here. This includes monitoring sales, controlling costs, and ad beneficialing as needed.If a promotion in a certain region is performing badly, then marketing may be tasked with analyzing that market again to see if a different promotion or strategy would work better there. Cost control would be monitored with the control function, things such as logistics, internal communications, purchasing, and human resources all need to be overseen and adjusted as market and profits throw overboard or demand. To summarize internal and external factors such as globalization, technology, innovation, diversity, and ethnics extend to almost every aspect of any organization.From the top of CEO of the organization down to the front line theater directors, these factors affect both on a daily basis. When making decisions all these things must be considered and applied to the peculiar(prenominal) market or situation. Just as the point of sale manager must consider diversity when making decisions about assignments, and day-to-day trading operations so must the upper level executive when dealing with the diversity place upon him when dealing with shareholders, or other organizational officers. Globalization affects just about any organization in existence as well.With digital age comes the need to compete not only with the local influences and factors, but with global as well. Technology and innovation I do not think can be cutd or escaped in any organization today. Again, with the digital age so many passel rely on social applications and similar venues for marketing and development that to ignore this be a serious er ror. Depending on the organization, these functions are necessary for some. The world has become too competitive to not monitor these and keep up with ones competition.