What are the 5 environments?

What is the environment 10 points?

This is a guest blog post by Steve Howards.

Preventing environmental hazards is critical to the success of any company, regardless of business scope or industry. Reducing and eliminating workplace hazards, if possible, has a dual purpose. The first is to ensure the safety and protection of the employees working in your company. The second is to comply with the guidelines set forth in the General Duties Clause of the Occupational Safety and Health Act (OSHA), which states that employers are required to provide a safe workplace for their employees. That is, employees must have a safe work environment that protects them from the effects of environmental hazards, including death and serious bodily injury.

Sahara

From extremes to extremes, the African Sahara is one of the hottest places on earth, and it easily makes the list of extreme environments. Interestingly, it ranks third in the list of the largest deserts in the world, after the Arctic and Antarctic; No, deserts don’t have to be hot.

(iv) Legal Environment:

The legal environment consists of various laws and regulations passed in Parliament. A businessman cannot ignore the legislation because he must conduct his business within the framework of the legal environment.

Photo courtesy: images.flatworldknowledge.com/lau/lau-fig13_002.jpg

Step 3: Connect Trends by Questions

Analysts must identify trends that play a significant role in encouraging or hindering the company’s process of achieving its goals. It is recommended that the best approach to carrying out this step is to create a list of potential directions and gradually narrow it down to the main issues.

At this point, you are expected to take a STEEP analysis beyond the information you collected in the previous steps. Use your experience and the data collected to identify the drivers of the problem. Try to identify the causes and symptoms of trends to find the driving forces.

Microenvironment

The microenvironment includes those factors that operate and interact in the immediate environment of a business. They affect the company’s success. It includes suppliers of raw materials, marketing intermediaries, business competitors, customers and the public.

The macroenvironment consists of the social forces that influence the microenvironment. These are demographic factors, economic factors, technological factors as well as political and cultural forces. International factors also fall within the scope of the macro environment. It is clear that the factors in the micro environment are more related or related to the business unit than the macro factors. Micro or macro factors do not have to affect all companies in a certain way. (texajp_7)

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