Financial Management in Different Economic Sectors. Theoretical and Ethical Approches
Authors
Gulzira Serikova, Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan;
Ainura Omarova, Ainura Omarova Karaganda Economic University of Kazpotrebsoyuz, Kazakhstan;
Karlygash Kenenova, Alma University, Almaty, Kazakhstan;
Almagul Doshan, Kazakh University of Economics, Finance and International Trade, Kazakhstan;
Murat Nurgabylov, NursultanTaraz Innovation and Humanitarian University, Kazakhstan;
Baglan Aimurzina, Kazakh University of Economics, Finance and International Trade, Nursultan, Kazakhstan;
Mazken Kamenova, Kazakh University of Economics, Finance and International Trade, Nursultan, Kazakhstan;
Gulnara Lesbayeva, Kazakh University of Economics, Finance and International Trade, Nursultan, Kazakhstan
Synopsis
Every organization needs to be perceived as operating in an environment. Organizations are neither self-sufficient not self-contained. Rather they exchange resources with and dependent upon external environment. External environment can be defined as all the forces and conditions outside the organization that are relevant to its operation and influence the organization. Organizations take inputs (raw materials, money, labor and energy) from the external environment, transform them into products or services, and send back as output to the external environment. The other environment is internal which can be defined as all the forces and conditions within the organization that influences its behavior. Thus, environment can be broadly classified into internal environment, and external environment.
Chapters
Chapter I Internal and External Environment of Organization