Business Organizations and Their Environments Free Essay Example, 1250 words

The socio-cultural environment is also important in business operations as it determines how well the organizations goods or services will be accepted in a certain region. Understanding the business environment is important for organizations to know the opportunities that are available to them. Understanding the environment will also enable business organizations know the threats that they must deal with as they enhance their presence in the market place. Personal and Professional Goals One of my personal goals was to become a better business person after my course. To achieve this goal, I was to ensure that I got everything from my lectures. Mi was to find out as much as I could about business organizations and their environments so that I would know how to manage my own business when the time comes. One of my professional goals is to use my skills and knowledge to ensure that business is profitable. My personal and professional goals are in line with each other, that is, they compliment each other. From what I learn in class, I will be able to gain skills and knowledge about how to make an organizational business successful. We will write a custom essay sample on Business Organizations and Their Environments or any topic specifically for you Only $17.96 $11.86/pageorder now The study of business organizations and their environments will go along way in enabling me to understand the various forces in the business environment that will affect the personal and professional goals I have for my business. Theoretical knowledge of how these environment factors may influence business operations is very important. In planning for business strategies through which I will realize my personal and professional goals, I will need to consider all these environments; otherwise, I am likely to not achieve whatever it is I set out to achieve. Since my ultimate goal is to make profits for my business and become a major competitor in the market, I will need to study and analyze the situation as it is. I will need to understand the economics, socio-cultural factors, technology, environmental and any other business environment factors that may have an influence in my operations. Once I consider all the business organization environments that have a role to play in the business processes of my organization, I will be able to map out a clear pathway for the business so that I will be able to apply my skills and knowledge as I try to build a profitable company. I believe that the theory I learn in class will go a long way in helping me make practical decisions in adapting my organization to the changing business environments.