Internal and External Factors
Team A
Princess Waiters, Chris Tran, Charles Jones, Donald Dryer, Carolina Franco
MGT/230
August 21, 2013
Professor Chris Pahl

Internal and External Factors
The internal and external fact of functions affects management every day. It is the performance that an organization or company within itself could turn out positive or negative. This also pertains to the outside world, where the factors can be beyond the control of the organization in positive or negative situations. The concepts in management implements the four functions needed for the core requirement in management. Planning is the foundation base which all others areas are built. There may be sudden strategies required to be implemented during a crisis. Depending on the conditions, a company may have to alter its course of action regarding certain goals. Organizing is the second function of management that is affected if resources beforehand are not organized. Leading or directing is the third function affected in management, it helps control and supervise the actions of the staff. The leading managers whether positive or negative the internal and external outcome, have to be sensitive and inspirational on a personal basis. Controlling is the last of the functions performance that is affected by the factors. Control is also dynamic in nature as the management can anticipate future problems. When it comes to globalization, internal and external factor affects various segments of a business, company branding, employee capabilities, and consumer and market analysis. A global economy opens new markets for both buying and selling; the way companies do business, and the way consumers interact with companies. Changes are the internal and external factors of globalization. Some of the internal factors include how the firm changes its practices to compete on a worldwide scale