1.6 Internal Factors Flashcards

1
Q

INTERNAL FACTORS (4)

A

CORPORATE CULTURE, FINANCE, STAFFING, TECHNOLOGY.

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2
Q

CORPORATE (DES/ADV4&DIS3/EX4)

A

Attitudes, beliefs, values and norms of an organisation.// School uniform, colours, mission statement, polices.// Feel apart of an organisation, motivate staff, increase staff loyalty, attract new workers. Stifle creativity, some staff difficulty fit in, change difficult, time and effort to maintain for new staff.

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3
Q

FINANCE (IMPORT/WHY6)

A

Without the proper finance business will be held back, struggle to survive. developing new products, upgrading new software, wages rises, hiring new staff, advertising, new branch.

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4
Q

STAFFING DES (MANAGERS5, EMPLOYEE5)

A

The performance affected by the Impact of the people who work for it.(MANAGERS= Good decision making, create policies that aim/goals, Hiring new staff, Setting budgets, conduct appraisals. EMPLOYEE= productivity, satisfy cust, absents, skill set, training, motivation.

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5
Q

TECHNOLOGY (DES/EXAMPLE4)

A

Need up-to-date technology keep up with customers requirements. =increase profitability. specialist software, top of the range hardware
access, control social media, apps.

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