IMPACT OF ENVIRONMENTAL FACTOR ON PURCHASING BUSINESS STRATEGIES IN AN ORGANIZATION

IMPACT OF ENVIRONMENTAL FACTOR ON PURCHASING BUSINESS STRATEGIES IN AN ORGANIZATION

ABSTRACT

It has been argued that the success and effectiveness of an organization are not determined solely by the abilities and competencies of the employees and management alone, the environment also has found effect on company operations. Based on these facts therefore, this research work was undertaken to analyse the impact of environmental factor on purchasing business strategies in an Organization using ABC Transport Company as the case study. In carrying out this work, 50 (fifty) copies of the questionnaire in all are distributed to the company understudy. And to test the validity of the assumption, a hypothesis was formulated for this study. The chi-square (X2) statistical tool was used. The major findings of this work can be summarized as follows. Environmental factors have profound impact on organizational performance organizational culture influences corporate performance of ABC Transport Company. And government legislation influences organizational goal accomplishment. Finally, it was recommended that the management of the company could perform their effectively by having a good and clear understanding to the environmental variables. This will in turn increase productivity thereby achieving its sets objectives.