The Business Environment
Course
Online
Description
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Type
Course
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Methodology
Online
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Class hours
80h
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Start date
September
The course aims:
-To understand the main economic theories about the firm and its market.
-To assess the usefulness of these theories in understanding the operation of business.
-To understand the complex and dynamic nature of strategic decision making.
Facilities
Location
Start date
Start date
About this course
After completing the module the student should be able to:
1. Demonstrate an understanding of the macro-environment and assess its impact on an organisation.
2. Demonstrate an understanding of the micro-environment and critically assess the industry forces that impact an organisation in the 21st century.
3. Critically evaluate the factors that shape the internal environment of an organisation and discuss how they give competitive advantage to companies.
4. Compare and contrast different approaches adopted by organisations for absorbing change imposed by the external environment.
5. Explore internal strategies for responding to globalization.
Reviews
Subjects
- Management
- Business Environment
- Business Plan
- Management of Risk
- Management Planning
- Global Business
- Management Control
- Skills and Training
- Analysis methodologies
- Business
Course programme
- Influence of macro-environment – PESTLE analysis
- The micro-environment – Porter’s Five Forces analysis and expanded version, SWOT analysis
- Organisational structure and culture
- Vision and missions
- Core competencies and skills
- Managing change
- Globalisation – elements, effects, responses
The Business Environment