How External Factors Influence People Decision in the Property Market - Coursework Example

Though working within the organization, a manager keeps interacting with very many external factors as well as internal factors which cast an effect on managerial performance.... It may also be the lack of growth potential in the market being tapped by the sales manager.... But as an HR manager, there are many aspects which need to be looked into, before taking any such decision.... As far as the external environment is concerned, it signifies those factors which affect the organisation from outside and falls outside the organizational boundaries....

It is a fact that many people do not like change and tend to resist it.... Then, the presence of economic management and planning is vital (Western people, 2007).... This is because people would not be knowing about it.... nbsp;There has been an increasing need for change due to some factors, like the introduction of technology, growing requirements of the society, expansion of worldwide companies buying and selling different products....

Even though public opinion as well as intuition proposes that, a bigger percentage of people always prefer more income to less, a considerable debate has been taking place regarding this matter when lifted up to the state level.... Determinants of Happiness Income growth From a general perspective, happiness is directly proportional to the income of an individual and inversely proportional to the income of other people.... This essay will discuss the economic characteristics which determine the happiness of the society and how the relative significance of such characteristics change with increased societal richness overtime....

This involves looking at the trends in the market in order to make the necessary changes to the operation of the warehouse.... Before coming up with the project aimed at improving the company's condition, the manager will need to have an assessment of the company's external environment.... fter looking at the external environment then the internal environment needs to be assessed.... This is achieved by looking at the previous budgets to see how company resources had been used and how efficient and effective the resources were used, the costs incurred and the prices charged by the company previously....

Personal change involves consultation with the affected people and engaging them, thoughtful planning, and finally, and, above all, carrying out a sensitive implementation process.... If the change is forced on people, then problems will arise due to resistance.... In their model factors such as organizational strategies, external environment, resources, past behaviors in their provided model, factors such as external environment, resources, past practices were considered as the inputs of change management, while products, services, performance, and effectiveness are considered as outputs of change management at the organization (Nadler and Tushman, 14)....

In this case, welfare economics was a new economics section that focused on evaluating the overall social wellbeing of the economic factors, besides focusing the statistical economic growth elements in the market.... Moreover, the approach developed a further in-depth analysis of the process and nature to which different external and societal factors shape and influence the individual capabilities in the market.... In this case, one of the fundamental pillars and basis for the development of these ideas was the understanding that human capability development was not as a result of internal factors only, but also as a result of external social factors, As such, the approach argued that although different individuals could have the same internal intrinsic capability potential, different environments and factors would lead to varied capability levels in the long run periods....

external factors are due to interference from the government and the workers union.... It is a company owned by the government and shareholders whose influence poses a challenge to the management while it is making the decisions.... At the moment, there are external and internal influential factors that have made Oz be unable to cope up with this competition.... At the moment, there are external and internal influential factors that have made Oz be unable to cope up with this competition....