assignment on international business, Assignments of International Business

1 Ans: - An Environment assessment is important for the mangers because this

assessment includes environmental scanning and continuous monitoring to keep level

of variables all around the world. Also, these variables are the applicable to the

organization and that have potential to shape its future by posing new opportunities.

Moreover, environmental assessment is taken up in this exercise as a rapid assessment

technique for determining the current status of the environment and identifying impact of

critical activities on environmental parameters. There are some very critical international

environmental variables.

1. Location where a region is located plays key role on its regional development as

5. Politics, peace, stability, institutions, rules

Every organization has an internal and external environment. In order for the organization

to be successful, it is important that it scans its environment regularly to assess

its developments and understand factors that can contribute to its success. Environmental

scanning is a process used by organizations to monitor their external and internal

environments.

the internal environment of an organization consists of various elements like the value

system, mission/objectives of the organization, structure, culture, quality of

employees, labor unions, technological capabilities, etc. These elements lie within the

organization and any changes to them can affect the overall success of the business.