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External and Internal Factors That Reflect on Mba Programme

In: Business and Management

Submitted By nwaiayenyein
Words 1977
Pages 8
The MBA Programme at Yangon Institute of Economics in Myanmar launched in June 1995 as an important element of the infrastructure that is being developed to make the country’s commitment to a market economy a successful reality. Due to cope the tremendous and far-reaching changes occurring in today’s conditions, the department introduced again Executive MBA Programme In 2002.Furthermore, after an experience of 12 years with MBA and that of 4 years with EMBA, the Online MBA Programme was introduced in 2007 and has been in progress.
External and Internal Environment reflects on MBA programme
One of the core objectives of MBA programme is to ensure a steady stream of men and women trained to meet challenges managing modern businesses in an increasingly competitive environment. The study of management traditionally focused on a closed-system view within organization, such as leading, organizing, motivating and controlling. Even these views are accurate, but not complete to be effective managers. To be effective, management of an organization should monitor and respond to the environment as an open system view.
The external organizational environment includes all elements existing outside of the MBA programme such as International, Technological, Social cultural, Legal and Political, and Economic condition that influence the organization. These factors are general environment, the outer layer that is widely effects to the organization.
International
The international environment provides new competitors, customers, and suppliers and shape social, technological, and economic trend as well. Now, Myanmar is opened and there are a lot of Foreign Direct Investment comes into here. Everybody from business world keeps an eye on Myanmar and its can create a lot of jobs opportunities to Myanmar nationals such as suppliers or employees to those incoming businesses. So, Labor...

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