BUSN 105 Introduction to Business
September 22, 2015
This paper will discuss a work organization. It will also describe several issues, with the organization. The paper will identifies the impact of potential change factors including the role of technology.
This paper will discuss a work organization. It will also describe several items organization, basic legal environment, social and economic environment. This paper will explain the management structure, operational issues and financial issues. Last this paper will identify the impact of potential change factors including the role of technology.
Tradeshows is an exhibition organized so that companies in a specific industry can showcase and demonstrate their latest products service, study activities of rivals and examine recent market trends and ...view middle of the document...
In the tradeshow business, we have a safety meeting before we work.
In the social environment, there are factors that influences sociocultural environment. Some of the factors are demographic makeup, growing diversity, consumer trust, going green. In the demographic makeup, the tradeshow business, the GWCC building was affect by bad weather which cause it to shut down. The business was slow and they stop hiring for a while.
The economic environment has two external factors microeconomic and macroeconomic. Microeconomic has factors that influence it and they are market size, demand, supply, competitors, and suppliers and distribution chain. Macroeconomic influences are broad economic factors that either directly or indirectly affect the entire economy and all of its participants including your business. These factors are interest rates, taxes, inflation, currency exchange rates, consumer discretionary income, saving rate, consumer confidence levels, unemployment rate, recession, depression. In the union, I belong to we have competitors for the tradeshow companies. Some of the competitors are Freeman Decorating Company, Global Service Company. The U.S. is measured by the gross domestic product (GDP). In the tradeshow, the consumer needs to be happy if not he will not rent space for the next event making a ripple effect.
The management structure is top manager like CEOs, CFOs, COOs, President. The top manager
role is to set goals and vision for organizations The second management structure is the middle manager who consists of Directors or Heads of Branches, Regions, Divisions, Departments. The middle manager’s role to create a tactical plan for the department. That plan should align with the organization goals. The third management structure is first- line managers which consist of Manager, Supervisors, and Team Leaders. Their role is to create operational plans for day to day business.