Business Planning Flashcards
How do you feel your role contributes to the achievement of the organisations objectives?
Make sure that you are familiar with your employers key objectives – in a large company this could be at a corporate or departmental level. Consider how what you do helps those objectives to be met.
How do you think an up to date business plan can help an organisation in the current economic climate?
Consider issues such as:
To seek funding
To gain new instructions, new clients, new customers
To help focus on key priorities
To allow the organisation to respond to change
How do company goals pass to individual teams?
Company growth pillars e.g. Growth in industrial and logistics, leads to an expansion within the industrial investment team
What opportunities and risks do you think Gerald Eve faces?
Risk:
- Ongoing risk of Brexit
- Increased risk of retailer default and lack of investor interest and market transactions
Opportunity:
- Growth in alternative markets, strong presence and a good team
- Occupier focused specialities such as Lease Exit to deliver client savings in tough times
What is Corporate Social Responsibility?
Business considering their role in relation to the community, the environment, customers and staff
principle - should be concerned about more than just profit e.g. promote fair trade products, supporting communities etc.
What can the government do to encourage growth?
Fiscal Policy:
- use of government expenditure and revenue collection to influence the economy
Monetary policy:
- Control the supply of money e.g. interest rates and spending
