100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
Activity 4 External factors that affect organisations- Level 3 Diploma for the Business Administrator $4.65
Add to cart
Quickly navigate to
Preview
  2.  
  3. PEARSON (PEARSON)
  4.  
  5. Level 3 Diploma For The Business Administrator
  6.  
  7. Unit 301: Principles of business administration

Class notes

Activity 4 External factors that affect organisations- Level 3 Diploma for the Business Administrator
 0 purchase
  • Course
  • Unit 301: Principles of business administration
  • Institution
  • PEARSON (PEARSON)

This document is for Activity 4 External factors that affect organisations, i got A A A / distinction in my final grade with all the work i have uploaded, if you want the same the best thing to do is purchase the notes along with the final project which was a distinction.

Preview 1 out of 3  pages

Document information

  • March 22, 2024
  • 3
  • 2023/2024
  • Class notes
  • .
  • All classes

Subjects

  • business administrator
  • btec
  • distinction
  • aaa

Written for

  • BTEC
  • PEARSON (PEARSON)
  • Level 3 Diploma for the Business Administrator
  • Unit 301: Principles of business administration
All documents for this subject (1)

Seller

avatar-seller
kayx

Content preview

Level 3 Diploma for the Business Administrator

Unit 301 Activity 4


Unit 301: Principles of business administration

Activity 4: External factors that affect organisations

Explain how the following factors can affect organisations. Give at least two
examples for each factor.

a) Inflation
Inflation can affect organisations due to the increase of prices of goods and
products, therefore, they are more than likely of increase their prices due to
them needing to make a profit this will affect the whole organisation as they
will be losing money due to their customers going to another place that
provides the exact same service for a lower price.

b) Labour market
The labour market can affect a number of different organisations this is
because if a organisation needs someone with more experience for
example, if they are looking for someone who has gone to university and
has obtained their degree they will have to pay to recruit them as they will be
using job advertising sites also, due to their experience they would be
expected to have a higher salary as apposed to those who may not have a
degree or experience in that specific sector.


c)Financial market
The financial market can affect certain organisations because the market is
constantly changing it also affects the exchange rates, so if you work with
consumers overseas it can have a major effect on your organisation an
example is the change of exchange rates and interest also, new technology
can affect the market as most organisations will have to buy new technology

© 2024 City and Guilds of London Institute. All rights reserved. Page 1 of 3

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller kayx. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $4.65. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

63950 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 15 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(0)

Exam 2 Review Outline - BIOS251 / BIOS 251 (Latest 2022 / 2023) : Anatomy & Physiology I with Lab - Chamberlain

Exam (elaborations) ·

(0)

General - Colorado Commercial Pesticide Application and Safety Training Study Guide Accurate 100%

Package deal ·

(0)

PMHNP Bundled Exams Questions and Answers Multiple Versions (Latest Versions) Already Graded A

Exam (elaborations) ·

(0)

Test Bank to Accompany Life The Science of Biology, 10th Edition Sadava, Hillis, Heller, Berenbaum

Exam (elaborations) ·

(0)

TEST BANK FOR COMMUNITY AND PUBLIC HEALTH NURSING THIRD EDITION BY DEMARCO WALSH ALL CHAPTERS.

Exam (elaborations) ·

(0)

Chapter 33 - Anticholinergic Agents |Test Bank - Focus on Nursing Pharmacology (8th Edition by Karch)

Exam (elaborations) ·

(0)

CSCC Intro to Psychology 1100 Exam - 1 Questions And Answers | Updated Solutions | 100% Correct Answe

Exam (elaborations) ·

(22)

2023 AQA A-level BIOLOGY 7402/1 Paper 1 Question Paper & Mark scheme (Merged) June 2023 [VERIFIED]

Exam (elaborations) ·

(0)

Gain Confidence for Your 2024 Exams with the [Essentials of Contemporary Management, 3e,jones] Test Bank

$4.65
  • (0)
Add to cart
Added