Answer:
The answer would be policy
Explanation:
Recent political and economic developments and associated changes in the practice and delivery of health and social care have led managers and professionals to recognise the importance and links between problem solving and decision-making skills. In particular, assessing the impact of political, economic, socio-cultural, environmental and other external influences upon health care policy, proposals and organisational programmes is becoming a recognisable stage of health service strategic development and planning mechanisms. Undertaking this form of strategic analysis therefore is to diagnose the key issues that the organisation needs to address.
Political factors - both big and small 'p' political forces and influences that may affect the performance of, or the options open to the organisation
Economic influences - the nature of the competition faced by the organisation or its services, and financial resources available within the economy
Sociological trends - demographic changes, trends in the way people live, work, and think
Technological innovations - new approaches to doing new and old things, and tackling new and old problems; these do not necessarily involve technical equipment - they can be novel ways of thinking or of organising.
Ecological factors - definition of the wider ecological system of which the organisation is a part and consideration of how the organisation interacts with it
Legislative requirements - originally included under 'political', relevant legislation now requires a heading of its own
Industry analysis - a review of the attractiveness of the industry of which the organisation forms a part.
To be useful as an analysis tool, these environmental factors have to be linked to the organisation's mission: which are helpful or which make it more difficult to accomplish that mission.
Government policies and investments are a pervasive, important, and often positive influence on the business environment and economic development of any industrialized nation. The following are among the many government policies and actions affecting the business environment:
The structure of taxes
The design and implementation of workplace and environmental regulations
The amount and nature of government support for generic technology development, research, and programs too large for single firms or with payoffs too far in the future or too uncertain to attract private capital
The amount and nature of government investments in physical infrastructure and human capital
The legal environment of operating a business encompassing, among other issues, the protection of intellectual property rights and the handling of liability claims
