Think about a job and discuss some of the external variables

Think about a job and discuss some of the external variables (such as the state of the economy, technology, Labor Market, Product Market, international forces, public opinon and fincial market)  that influenced the work rules required on that job.

Solution

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

International forces :

International forces may cause some of the following issues,

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

International forces :

International forces may cause some of the following issues,

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

International forces :

International forces may cause some of the following issues,

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

International forces :

International forces may cause some of the following issues,

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

Technology will change
Regular work process will be changed
May create more work pressure due to training
Create job insecurity
Low productivity

International forces :

International forces may cause some of the following issues,

New product competition
Changes in Technology
High work pressure
Job insecurity due to changes in technology

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.

Following are the factors that influenced the work rules required on that job.

Economy :

An employee view of his job is impacted by the state of the local economy. If jobs are plentiful and the economy is booming, employees are happier overall and their behavior and performance mirror that. On the other hand, when times are tough and unemployment is high, employees can become fearful and anxious about holding their job. This anxiety leads to lower performance and lapses in judgement. In some employees, however, fear of job loss can be a motivating factor to perform better.

Technological Advancements – This is considered an external influence because when new technologies are introduced the HR department can start looking at how to downsize and look for ways to save money. A job that used to take 2-4 people could be cut to one done by a single person. Technology is revolutionizing the way we do business and not just from a consumer standpoint, but from an internal cost-savings way.

Labour Market :

Labor as a factor of the external environment refers to the people a company hires to fill its positions. A company rises and falls on the competence and expertise of its workforce, so finding qualified candidates in the community is crucial. In assessing the labor environment, companies should look to characteristics that include the average educational level of the community, training programs available, technical know-how, and diversity, which is increasingly necessary in a globally connected world. Changing population patterns such as changes in the community\'s average age should also be assessed.

Product Market:

Changes in product design or introduction of new product will cause following issues,

Technology will change

Regular work process will be changed

May create more work pressure due to training

Create job insecurity

Low productivity

International forces :

International forces may cause some of the following issues,

New product competition

Changes in Technology

High work pressure

Job insecurity due to changes in technology

Public Opinion :

company is viewed by the local community can impact behavior. If an employee is aware that her company is considered to be underhanded or cheap, her actions may also be that way. It is a case of living up to expectations. However, if a company is seen as a pillar of the community with lots of goodwill, employees are more likely to exhibit similar behavior because customers and suppliers expect that from them.