Identify an organization and identify its task environmental factors.

Question

Question

Answer 1

Answer #1

Organization - Colgate Palmolive

The task environmental factors include:

Customers = Basis the customer demand, company comes up with new products, promotions and offers. Example: The increasing sensitivity issue and cavity problem led to change in product formula in order to suite the demand
Suppliers = The input material for manufacturing of toothpaste is dependent on suppliers and basis their supplies production is planned. Also, the cost of material impacts overall product cost and profit margin for the company
Competition = The competitors are major factors which pushes company to change the strategy to best suit the market demand and stand out against competition
Government regulation = The changes in tax laws, environmental policies etc. also results in changes in the processes. Example: In India, government made a norm to discontinue plastic material in manufacturing if the thickness is less than 50 micron. So, such actions causes immediate impact to company

Answer 2

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