Internal & External Factors

Internal and External Factors MGT 230

Internal and External Factors

Johnson & Johnson (J&J) is a worldwide business with a focus on pharmaceuticals, medical devices, and a consumer packaged goods manufacturer. Even a Fortune 500 member such as J&J operates within the bounds of the four functions of management; planning, organizing, leading, and controlling. The challenge for J&J is the same as any other major business, the continuous addressing of the internal and external factors affecting the four functions of management. Specifically the factors of globalization, technology, innovation, diversity, and ethics have on managing a business. Exploring how these factors affect the four functions of management within J&J and how the company choses to address each...