MICRO ENVIRONMENT MICRO ENVIRONMENT REVISION Is the internal

MICRO ENVIRONMENT REVISION Is the internal environment. • Consists of the business itself. •

COMPONENTS of the MICRO environment REVISION MISSION VISION GOALS AND OBJECTIVES ORGANISATION RESOURCES MANAGEMENT

CHALLENGES of the MICRO environment §A challenge is something new and difficult which requires

CHALLENGES of the MICRO environment §Difficult employees § • Lack of vision and mission

Difficult employee §The micro environment involves people with diverse lifestyles, values and ideas who

Difficult employee § Employees create a number of different challenges: − They cannot work

Lack of vision and mission • Refer to the personality of the organization /

Lack of vision and mission The organizational culture influences people's actions and attitudes. •

Lack of adequate management skills The management of a business has a major impact

Lack of adequate management skills Ineffective management can affect the productivity and profitability of

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MICRO ENVIRONMENT

MICRO ENVIRONMENT REVISION Is the internal environment. • Consists of the business itself. • Management has complete control.

COMPONENTS of the MICRO environment REVISION MISSION VISION GOALS AND OBJECTIVES ORGANISATION RESOURCES MANAGEMENT AND LEADERSHIP BUSINESS FUNCTIONS MICRO ENVIRONMENT ; MS JURIES ORGANISATION CULTURE ORGANISATION STRUCTURE 3

CHALLENGES of the MICRO environment §A challenge is something new and difficult which requires great effort and determination. MICRO ENVIRONMENT ; MS JURIES 4

CHALLENGES of the MICRO environment §Difficult employees § • Lack of vision and mission § • Lack of adequate management skills MICRO ENVIRONMENT ; MS JURIES 5

Difficult employee §The micro environment involves people with diverse lifestyles, values and ideas who work together in a confined space. § • Challenges are bound to arise out of such circumstances. MICRO ENVIRONMENT ; MS JURIES 6

Difficult employee § Employees create a number of different challenges: − They cannot work in a team. − They create conflict with other employees. − They have a poor work ethic and low productivity. − They leave the organisation after being trained. MICRO ENVIRONMENT ; MS JURIES 7

Lack of vision and mission • Refer to the personality of the organization / business. • Organizational culture consists of different beliefs / values / expectations of everyone working in the business. • Influence the way people in the organization interact with each other as well as with MICRO ENVIRONMENT ; MS JURIES 8

Lack of vision and mission The organizational culture influences people's actions and attitudes. • A positive culture helps staff to be motivated and productive. • A negative culture will discourage workers and make them feel unimportant which may cause conflict. • MICRO ENVIRONMENT ; MS JURIES 9

Lack of adequate management skills The management of a business has a major impact on the success of the business. • Different managing styles can be a source of enormous conflict with other managers and with staff. MICRO ENVIRONMENT ; MS JURIES 10

Lack of adequate management skills Ineffective management can affect the productivity and profitability of a business. • • Managers who lack skills must be guided to acquire these skills and put them into practice. MICRO ENVIRONMENT ; MS JURIES 11