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The four HRM activities don't exist in isolation. Rather, they are highly affected by what is occurring outside the organization. It is important to recognize environmental influencesbecause any activity undertaken in each of the HRM processes is directly, or indirectly, affected by these external elements. For example, lets say that when a company downsizes its workforce, does it layoff workers by seniority? If so, are an inordinate number of minority employees affected. Although any attempt to identify specific influences may prove insufficient, one can categorize them into four general areas - the dynamic environment, governmental legislation, labor unions and current management practice.
It doesn't matter whether you are just starting out as a small business owner or if you have been running your own small business for awhile, you need to know what things will affect small business loan rates. Even if you have been a business owner for awhile and haven't needed to worry about taking a loan, you never know when the need for a business loan may come up. If you are just starting your business, you may need to take a loan for start up expenses.
1. Business Plan
One thing you may not even think would affect a small business loan rate is a business plan. However, the lack of a solid and comprehensive business plan may make the world of difference when you apply for a loan, particularly if you are a new business. A business plan shows that you are serious about starting and maintaining a business venture and seeing a future with growth. A business plan also gives financial institutions a good indication of whether they are making a wise investment.
2. Type of Business
Another common factor that may affect your small business loan rate is the type of business you intend the loan to cover. There are some business ventures that are more risky than others, such as internet start-up businesses, and warrant a larger loan rate. This is particularly true if you are applying for the loan for a new business rather than an already established business.
3. Personal Credit History
Unfortunately, if you are just starting a new small business and have a poor credit history or over-all credit rating score, it will negatively affect your small business loan rate. In fact, you may have a hard time qualifying for a small business loan at all, or be expected to use personal assets for collateral.
4. Length of Time in Business
The length of time you have been in business does have an affect on small business loan rates. Generally speaking, those whose businesses survive beyond the three year mark have a better chance of qualifying for a decent business loan rate. Lenders are reluctant to sponsor loans at decent rates to those who are just starting a new business or who have never owned and operated a business before.
5. Your Business Structure
Another factor that may determine the rate of your small business loan is how your business is legally structured. For instance, a small business that is established as a sole proprietorship may not qualify for a decent loan rate whereas a business that is structured as a incorporated may, depending upon other factors too.
There are other considerations that determine and affect the rates of small business loans as well. For instance, the over-all fiscal climate of the government can sway loan rates just as much as whether or not you carry business insurance. It's best to do considerable research before applying for and accepting a small business loan. Sometimes, the best route is through the Small Business Association; other times, it's best to go through a lending institution that you have personally established a relationship with.
However if you do not accept sole responsibility of •Many buildings are built from materials that don't come from renewable sources
•Office buildings have a huge appetite for electricity to power lighting, air conditioning, computers, printers, and photocopiers. Equipment may be left on 24 hours a day, seven days a week - even when no one's working.
•Offices consume vast amounts of paper. Even with more offices recycling paper, a large amount of paper waste still goes to landfill sites or incinerators.
•In addition to paper, offices produce a lot of other waste, including equipment (especially computers), because companies regularly upgrade their equipment to stay competitive. Electronics such as photocopiers and computers can end up in landfills, where they don't break down and, even worse, can leach harmful chemicals into the ground and water.
•Rush-hour traffic jams in towns and cities are full of people trying to get to work - wasting time and polluting the atmosphere.
•Heating and air conditioning systems pump greenhouse gas emissions from offices into the atmosphere and use up vast amounts of electricity. Many buildings aren't designed to include energy-efficient systems or technology to reduce the amount of heat and air conditioning they use.
You will not know what your business claims and could lose everything.
If there is anything that is stead fast and unchanging, it is change itself. Change is inevitable, and those organizations who do not keep up with change will become unstable, with long-term survivability in question.
There are things, events, or situations that occur that affect the way a business operates, either in a positive or negative way. These things, situations, or events that occur that affect a business in either a positive or negative way are called "driving forces or environmental factors or forces."
There are two kinds of driving forces; Internal driving forces, and external driving forces. Internal driving forces are those kinds of things, situations, or events that occur inside the business, and are generally under the control of the company. Examples might be as follows
· organization of machinery and equipment,
· technological capacity,
· organizational culture,
· management systems,
· financial management
· employee morale.
External driving forces are those kinds of things, situation, or events that occur outside of the company and are by and large beyond the control of the company. Examples of external driving forces might be, the industry itself, the economy, Demographics, competition, political interference, etc.
Whether they are internal or external driving forces, one thing is certain for both. Change will occur! A company must be cognizant of these changes, flexible, and willing to respond to them in an appropriate way.
External driving forces can bury a business if not appropriately dealt with. The question is, how does a business know what changes are occurring so that they can deal with them in a positive way. OK, that's the next issue.
In order for a business to succeed and gain the competitive edge, the business must know what changes are indeed occurring, and what changes might be coming up in the future. I guess you might call this forecasting. Thus, critical to the business is what we call "informational resources." It is the collection and analyzation of data. Some examples of critical information might include the following:
The above are just some issues organizations must be on top of. Well it's never easy, but organizations that are successful include all of the above (and more), to develop the appropriate tactics, strategies, and best practices, to ensure successful out comes.
crisps. Yes crisps
Is food in the stomach in the external or internal environment of the body?
How a manager manages internal and external environment of the organisation?
how does the mourning show internal and external responses to its environment
internal and external factors in the organizational environment
The fluid link between the external and internal environment is the plasma membrane of cells. It acts as a selectively permeable barrier that regulates the passage of substances in and out of the cell, maintaining the cell's internal environment while interacting with the external environment.
The cell membrane separates the internal environment of the body from the external environment. It acts as a physical barrier that controls the passage of substances in and out of the cell, maintaining the cell's internal balance.
Homeostasis is internal. It refers to the body's ability to maintain a stable internal environment regardless of external influences.
Blood Plasma.
The external environment is everything outside of the business. The internal environment is everything inside the organization, but it is not limited to one facility.
Cbs?
walls