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Abraham Lincoln University Nokia Failure Organizational Challenge Discussion Question

 

I’m working on a management discussion question and need support to help me learn.

Discussion question:

The external environment of an organization comprises of all the entities that exist outside its boundary but have significant influence on its growth and survival. An organization has little or no control over its environment but needs to constantly monitor and adapt to these external changes.

Share a recent example from business news about an external organizational challenge, how the company addressed it (internal factors), and what you would do differently.

TEXTBOOK REQUIRED:

Bateman, T.S. & Konopaske, R. (2020). Management: Leading and Collaborating in the Competitive World (14e ed.). New York, NY: McGraw-Hill. ISBN 978 126 026 1523 (print rental) OR ISBN 978 126 078 5593 (loose-leaf)

Textbook Chapter 2

Links to look at :

https://finance.yahoo.com/news/5-ways-company-keep…

https://pestleanalysis.com/what-is-pestle-analysis