Reference no: EM13886

Part-1

General environment includes those sectors that may not have a direct impact on the daily operations of the firm but that influence the industry or economy in general ways that in turn indirectly influence the organization. Often included are:

Answer the following questions in relation to any US organization

Analyze the general environment for the organization along the following dimensions (that is, describe how each of the following dimensions of envinronment influences your organization:

• Government sector

• Sociocultural sector

• Economic conditions

• Technology sector

• Financial resources sector

Part-2

Population Ecology

This perspective focuses on organizational diversity and adaptation within a population of organizations. A population is a set of organizations engaged in similar activities with similar patterns of resource utilization and outcomes. According to the population-ecology view, the changing environment determines which organizations survive or fail. Organizational form must reflect the needs of a changing external environment. When rapid change occurs, old organizations are likely to decline or fail, and new organizations emerge that are better suited to the needs of the environment. The model is developed from theories of natural selection in biology, and the terms evolution and selection are used to refer to the underlying behavioral processes. Answer the following questions:

1) Among Fortune 500 firms, name any three firms that may not exist by the year 2030. Explain your rationale and also explain if they can do anything between now and 2030 that can make them survive.

2) Name any three Fortune 500 firms that will continue to flourish by the year 2030. Explain why they may continue to survive and flourish.