8. Social, environmental and technological factors Flashcards

1
Q

Johnson and Scholes: social influences that should be monitored include (6)

A
  • population demographics
  • income distribution
  • social mobility
  • lifestyle changes
  • consumerism
  • levels of education
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2
Q

business effects on the environment (4)

A
  • pollution
  • wastage of resources
  • destruction of natural habitats
  • loss of animals and plants
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3
Q

environmental effects on businesses (4)

A
  • climate change
  • resource availability
  • loss of sales
  • legislation
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4
Q

technology has resulted in (3)

A
  • downsizing
  • delayering
  • outsourcing
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5
Q

types of IT outsourcing (4)

A
  • total: third-party supplier provides most or all of the organisation’s IT systems and services.

ad-hoc: hired on a temporary basis as needed for short-term support.

partial: some IT functions are outsourced, but others remain in-house.

project management: the creation and implementation of a specific IT system is outsourced.

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6
Q

IT outsourcing

3 +
3 -

A

advantages

  • outsourcing takes advantages of specialist skills
  • likely fixed fee: can plan budgets
  • improve business flexibility
  • more efficient – cost savings

Disadvantages:

  • contract – supplier may be poor
  • cannot create own systems
  • may be challenging to later bring IT back in-house
  • third-party has access to business information.
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7
Q

social demographics include, but are not limited to (6)

A
  • size
  • composition
  • location
  • wealth
  • education
  • health
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