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Week1 Open System Perspective Week 2 Week 3 Gulf Business Environment Business Environment and Elements

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Module 1: Fundamentals of Business Environment

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Gulf Business Environment BUBS4401 Academic Year: 2020-2021 Course Coordinator / Lecturer: Dr. Irfan Saleem Email : [email protected]

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Learning Objectives Week 1 : To define the Open System Perspective . Week 2: To know the business environment and its elements . Week 3: To understand Gulf Business Environment.

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Week 1 Open System Perspective

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Organisation as open System A simple way of looking at the organisation as a system that transforms inputs into outputs that are provided to customers (pages 1-2) The internal environment The industry environment Source: Elearn (2009), Business Environment Revised Edition: Management Extra: Elsevier style.visibility

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SYSTEMS AND ENVIRONMENTS An environment can be defined as everything which surrounds a system. style.visibility

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The Organization as an Open System style.visibility style.visibility ppt_w ppt_h

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The influence of operating context on organisations {5C22544A-7EE6-4342-B048-85BDC9FD1C3A} Organisation Inputs Transformation processes Outputs Internal environment industry Environment The Oman Government Ministers, budget, Law making process, spending Law, policy, information, taxes Public funding, traditional Markets, the Omani people, Qanater Oman – A software company Programming Web-Development Software, Web portals. Fast changing, high speed Tech market, legal threats. style.visibility

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The industry environment / Elements Political Factors. ... Economic Factors. ... Social Factors. ... Technological Factors. ... Legal Factors.

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The internal environment Comprises all those organisations and individuals who directly or indirectly affect the activities of a company. It includes: Customers Intermediaries Suppliers Other stakeholders

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Course Aims: To provide the practical knowledge of the business environment as an open system, in which the Gulf businesses operate. Course Objectives To familiarise students with the business environment using open system perspective. To describe the business environment in term of social, economic, technological, political, environmental and legal factors. To analyse the impact of economic reforms on different industries by understanding the strength, weakness, opportunity and threat of a selected business sector. To understand the impact of technological factors by learning about post-pandemic business opportunities for existing and new startups . To study the impact of social and political factors on regional business. To learn PEST analysis as a tool to analyse the Gulf and Omani business environment. To learn the role of a strategic alliance in the Gulf legal business environment To discuss the latest policies related to economic development efforts of the GCC countries. Gulf Business Environment

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Click to edit Master title style Click to edit Master text styles Second level Third level Fourth level Fifth level 11/02/1442 ‹#›

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Click to edit Master title style Click to edit Master text styles Second level Third level Fourth level Fifth level 11/02/1442 ‹#›

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Click to edit Master title style Click to edit Master text styles Second level Third level Fourth level Fifth level Click to edit Master text styles Second level Third level Fourth level Fifth level

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9/28/2020 Edit Master text styles Second level Third level Fourth level Fifth level ‹#›

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Week1 Open System Perspective Week 2 Business Environment and Elements Week 3 Gulf Business Environment

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