Class notes
Lecture notes Business Management (Cbma) Introduction to Business Management
- Course
- Institution
- Book
Perfect summary for chapter 4
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Varsity College BCOM Year 1 Business Management 1A LU 10
-
Varsity College BCOM Year 1 Business Management 1A LU 9
-
Varsity College BCOM Year 1 Business Management 1A LU 8
Seller
Follow
sphesihlemkhumbane
Content preview
CHAPTER 4: THE BUSINESS ENVIRONMENT•Introduction
•The business and environmental change
•The composition of the business environment
•The micro-environment
•The market environment
•The macro-environment
•Opportunities and threats in the market environment and the macro-environment
•Environmental scanning
•Summary
,Chapter content
• Introduction
• The business and environmental change
• The composition of the business environment
• The micro-environment
• The market environment
• The macro-environment
• Opportunities and threats in the market
environment and the macro-environment
• Environmental scanning
• Summary
,Introduction
• Business organisations are not self-sufficient
or autonomous
• Obtain resources from society and the
society obtains products from businesses.
• Mutual dependency increases in complexity
when variables in environment change
• Innovation or political developments bring
about change that impacts in different ways
, The business and environmental
change
• Change is the only constant reality of our
time
• Environmental variables such as economic
fluctuations & social factors are constantly
changing the environment in which
businesses operate
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 sphesihlemkhumbane. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.33. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
50064 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now