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Business > 3.7.4 Analysing the external environment to assess opportunities and threats: political and legal change > Flashcards

3.7.4 Analysing the external environment to assess opportunities and threats: political and legal change Flashcards

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Business (35 decks)

Business Calculations

Business formulas

General knowledge

3.1.1- Understanding the nature and the purpose of business

3.1.2- Understanding different business forms

3.1.3- Understanding that businesses operate within an external environment

3.2.1- Understanding management, leadership and decision making

3.2.2- Understanding management decision making

3.2.3- Understanding the role and importance of stakeholders

3.3.1- Setting marketing objectives

3.3.2- Understanding markets and customers

3.3.3- Making marketing decisions: segmentation, targeting, positioning

3.3.4- Making marketing decisions: Using the marketing mix

3.4.1- Setting operational objectives

3.4.2- Analysing operational performance

3.4.3- Making operational decisions to improve performance: increasing efficiency and productivity

3.4.4- Making operational decisions to improve performance: improving quality

3.4.5- Making operational decisions to improve performance: managing inventory and supply chains

3.5.1- Setting financial objectives

3.5.2- Analysing financial performance

3.5.3- Making financial decisions: sources of finance

3.5.4- Making financial decisions: improving cash flow and profits

3.6.1- Setting human resource objectives

3.6.2- Analysing human resource performance

3.6.3- Making human resource decisions: improving organisational design and managing the human resource flow

3.6.4- Making human resource decisions: improving motivation and engagement

3.6.5- Making human resource decisions: improving employer-employee relations

3.7.1- Mission, corporate objectives, functional objectives and strategy

3.7.2- Analysing the existing internal position of a business to assess strengths and weaknesses: financial ratio analysis

3.7.3- Analysing the existing internal position of a business to assess strengths and weaknesses: overall performance

3.7.4 Analysing the external environment to assess opportunities and threats: political and legal change

3.7.5 Analysing the external environment to assess opportunities and threats: economic change

3.7.6 Analysing the external environment to assess opportunities and threats: social and technological

3.7.7 Analysing the external environment to assess opportunities and threats: the competitive environment

3.7.8 Analysing strategic options: investment appraisal

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