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1、EncyclopediaofManagementSixthEdition–Finals217200907:24Page489MMMACROECONOMICSSEEEconomicsMACROENVIRONMENTALFCESAnganization’smacroenvironmentconsistsofnonspecificaspectsintheganization’ssurroundingsthathavethepotentialt
2、oaffecttheganization’sstrategies.Whencomparedtoafirm’staskenvironmenttheimpactofmacroenvironmentalvariablesislessdirecttheganizationhasamelimitedimpactontheseelementsoftheenvironment.Macroenvironmentalvariablesincludesoc
3、ioculturaltechnologicalpoliticallegaleconomicinternationalvariables.Afirmconsidersthesevariablesaspartofitsenvironmentalscanningtobetterunderstthethreatsopptunitiescreatedbythevariableshowstrategicplansneedtobeadjustedso
4、thefirmcanobtainretaincompetitiveadvantage.Themacroenvironmentconsistsoffcesthatiginateoutsideofanganizationgenerallycannotbealteredbyactionsoftheganization.Inotherwdsafirmmaybeinfluencedbychangeswithinthiselementofitsen
5、vironmentbutcannotitselfinfluencetheenvironment.ThecurvedlinesinFigure1indicatetheindirectinfluenceoftheenvironmentontheganization.SOCIOCULTURALFACTSThesocioculturaldimensionsoftheenvironmentconsistofcustomslifestylesval
6、uesthatacterizethesocietyinwhichthefirmoperates.Socioculturalcomponentsoftheenvironmentinfluencetheabilityofthefirmtoobtainresourcesmakeitsgoodsservicesfunctionwithinthesociety.Socioculturalfactsincludeanythingwithinthec
7、ontextofsocietythathasthepotentialtoaffectanganization.Populationdemographicsrisingeducationallevelsnmsvaluesattitudestowardsocialresponsibilityareexamplesofsocioculturalvariables.PopulationChanges.Changesinpopulationdem
8、ographicshavemanypotentialconsequencesfganizations.Asthetotalpopulationchangesthedemfproductsservicesalsochanges.Finstancethedeclineinthebirthrateimprovementinhealthcarehavecontributedtoanincreaseintheaverageageofthepopu
9、lationintheUnitedStates.Manyfirmsthattraditionallymarketedtheirproductstowardyoutharedevelopingproductlinesthatappealtoanoldermarket.ClothingfromLeviStraussfurthernewproductiontechnologymayalterproductionprocesses.Roboti
10、csrepresentsoneofthemostvisiblechallengestoexistingproductionmethods.Robotsmaybeusedinpositionsconsideredhazardousfpeoplethatrequirerepetitivedetailedactivities.Theconsequencesfotherjobscurrentlyoccupiedbypeoplearenotcle
11、ar.Whenproductionwasfirstautomatedalthoughsomewkersweredisplacednewjobswerecreatedtoproducemaintaintheautomatedequipment.Theimpactofroboticsonjobsisinlargepartafunctionoftheusesmadeofthetechnologythewillingnessofwkerstol
12、earntousenewtechnology.Insomeindustriesuseofrobotsduringtheearly2000sincreasedproductionefficiencybutresultedinsignificantnumbersofjoblosses.Howevertechnologicalinnovationcanalsoresultinincreasedjobgrowth.FexampleFdMotCo
13、mpany’s$375milliontechnologyupdatetoitsNfolkassemblyplanttobuildits2004F150resultedintheabilitytobuildmemodelsonitsassemblylineconsequentlycreatedabout270newjobsan11percentincrease.EvaluatingTechnologicalChanges.Thereisl
14、ittledoubtthattechnologyrepresentsbothpotentialthreatspotentialopptunitiesfestablishedproducts.Productswithrelativelycomplexnewtechnologyareoftenintroducedwhilethetechnologyisbeingrefinedmakingithardffirmstoassesstheirma
15、rketpotential.Whenballpointpenswerefirstintroducedtheyleakedskippedleftlargeblotchesofinkonthewritingsurface.Fountainpenmanufacturersbelievedthatthenewtechnologywasnotathreattoexistingproductsdidnotattempttoproduceballpo
16、intpensuntilsubstantialmarketsharehadbeenlost.Anothertechnologytheelectricrazhasyettototallyreplacethebladefshavingpurposes.Perhapsthedifferenceisthatthemanufacturersofbladeshaveinnovatedbyaddingnewfeaturestoretaincustom
17、ers.Manufacturersoffountainpensdidnotattempttoinnovateuntiltheballpointpenwaswellestablished.Itisquitedifficulttopredicttheimpactofanewtechnologyonanexistingproduct.Stilltheneedtomonittheenvironmentfnewtechnologicaldevel
18、opmentsisobvious.Attentionmustalsobegiventodevelopmentsinindustriesthatarenotdirectcompetitssincenewtechnologydevelopedinoneindustrymayimpactcompaniesganizationsinothers.POLITICALLEGALFACTSThepoliticallegaldimensionofthe
19、generalenvironmentalsoaffectsbusinessactivity.Thephilosophyofthepoliticalpartiesinpowerinfluencesbusinesspractices.Thelegalenvironmentservestodefinewhatganizationscancannotdoataparticularpointintime.ATTITUDESTOWARDBUSINE
20、SSAprobusinessattitudeonthepartofgovernmentenablesfirmstoenterintoarrangementsthatwouldnotbeallowedunderameantibusinessphilosophy.ThenumerousjointventuresbetweenU.S.Japaneseautomobilemanufacturerscouldhavebeentermedantic
21、ompetitivebyalessprobusinessadministration.Thereleaseofmanyacresofgovernmentlfbusinessuse(loggingmining)angeredmanyenvironmentalistswhohadbeenabletorestrictbusinessuseofthelunderpreviousadministrations.Changesinsentiment
22、stowardsmokingitsrelatedhealthriskshavealteredthepublic’sattitudetowardthetobaccoindustry.Thesechangeshavebeenreflectedinmanyganizationsbylimitingsmokingtodesignatedareascompletelyprohibitingitatwk.Thetransfmationinattit
23、udehasalsocausedfirmswithinthetobaccoindustrytomodifymarketingstrategiesencouragingmanytoseekexpansionopptunitiesabroad.Legislation.Thelegalenvironmentfacingganizationsisbecomingmecomplexaffectingbusinessesmedirectly.Ith
24、asbecomeincreasinglydifficultfbusinessestotakeactionwithoutencounteringalawregulationlegalproblem.Averybrieflistingofsignificantlawsthataffectbusinesswouldincludelegislationintheareasofconsumerismemployeerelationstheenvi
25、ronmentcompetitivepractices.Manyofthelawsalsohaveanassociatedregulatyagency.PowerfulU.S.regulatyagenciesincludetheEnvironmentalProtectionAgency(EPA)theOccupationalSafetyHealthAdministration(OSHA)theEqualEmploymentOpptuni
26、tyCommission(EEOC)theSecuritiesExchangeCommission(SEC).Estimatesofthecostofcompliancevarywidelybutcouldwellexceed$100billionannually.Manyofthesecostsarepassedtoconsumers.Howevercostsoflegalexpensessettlementsmaynotbeincu
27、rredfyearsarenotlikelytobepaidbyconsumersoftheproductownersofthecompanywhentheviolationoccurred.Stillpotentiallegalactionoftenresultsinhigherpricesfconsumersameconservativeattitudebybusinessexecutives.MacroenvironmentalF
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