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a. Describe two factors from the internal and/or external environments of large-scale organisations, and discuss how they have impacted an organisation that you have studied this year - VCE - SSCE Business Management - Question 3 - 2012 - Paper 1
Question 3
a. Describe two factors from the internal and/or external environments of large-scale organisations, and discuss how they have impacted an organisation that you have... show full transcript
Worked Solution & Example Answer:a. Describe two factors from the internal and/or external environments of large-scale organisations, and discuss how they have impacted an organisation that you have studied this year - VCE - SSCE Business Management - Question 3 - 2012 - Paper 1
Step 1
Describe two factors from the internal and/or external environments of large-scale organisations, and discuss how they have impacted an organisation that you have studied this year.
Answer
Internal Factor: Management Structure
One key internal factor affecting large-scale organisations is their management structure. For example, an organisation with a rigid hierarchy may struggle with decision-making speed, which can hinder responsiveness to market changes. A case study in this regard is Company XYZ, which faced challenges due to its top-down management style, leading to slow adaptation to industry trends.
External Factor: Technological Advances
An external factor that significantly impacts large organisations is the rapid rate of technological advancement. Company XYZ adopted new digital tools to streamline operations, resulting in increased efficiency and reduced operating costs. This shift not only enhanced productivity but also improved customer satisfaction as the company could serve clients more effectively.
Step 2
Explain two differences between the objectives of for-profit and not-for-profit large-scale organisations.
Answer
Objective 1: Revenue Generation vs. Community Service
For-profit organisations primarily aim to increase revenue and maximize shareholder value. In contrast, not-for-profit organisations focus on addressing social issues and providing community services rather than profit generation.
Objective 2: Market Competition vs. Collaboration
For-profit entities compete against one another to gain market share, while not-for-profit organisations often collaborate with peers to achieve shared objectives and promote common causes, such as social welfare or environmental conservation.
Step 3
Explain a significant change issue that you have studied this year and describe two ways in which it impacts on large-scale organisations.
Answer
Change Issue: Digital Transformation
A significant change issue is digital transformation, which many organisations are currently navigating.
Impact 1: Enhanced Operational Efficiency
Digital transformation can streamline processes, resulting in enhanced operational efficiency. For instance, organisations adopting automated systems experience quicker turnaround times for service delivery.
Impact 2: Shift in Workforce Skill Requirements
This transformation also necessitates a shift in skill sets of the workforce, leading to increased training and development needs. As a result, organisations must invest significantly in upskilling employees to keep pace with new technologies.