1+-+Business+and+the+Environment+in+which+it+operates

This section is the first of the course and looks at the fundamental basics of business activity, organisations and the impact they can have. You will cover the types of ownership through to communication and the economics environment.

[|Factors of production] [|How do mergers happen.doc] [|Economics Notes markets.doc] [|business sectors revision notes.pdf] || [|Business Objectives] [|Stakholders notes.doc] [|Stakeholders.ppt] [|Stakeholders2.ppt] [|Private and Public Sector Business Objectives.doc] || [|Exchange Rates rev notes.pdf] [|unemployment revision notes.pdf] [|Business & Technology revision notes.pdf] || [|Globalisation activity.doc] [|Economics Notes markets.doc] [|Exchange rates.ppt] [|Trade Exchange rates & Balance of payments.ppt] [|Exchange rates worksheet.doc] ||
 * **1. Business activity** || **1.1.** Business activity as a means of adding value and meeting needs.
 * 1.2.** Classification of national firms into Primary, Secondary and Tertiary sectors.
 * 1.3.** Business growth and measurement of size.
 * 1.4.** Key features of own national economy. || [|Adding Value]
 * **2. The organisation** || **2.1.** Business objectives and their importance.
 * 2.2.** Stakeholders and their differing objectives.
 * 2.3.** Aims of private and public sector enterprises. || [|Objectives notes.doc]
 * **3. Changing business environment** || **3.1.** Government influence over decision making by using economic policy.
 * 3.2.** Impact of technology on business.
 * 3.3.** Business reaction to market changes. || [|Role of Government rev notes.pdf]
 * **4. Economic environment** || **4.1.** Mixed and market economies.
 * 4.2.** International trade ( access tomarkets/tariffs)
 * 4.3.** Problems of entering new markets abroad.
 * 4.4.** Competition and business.
 * 4.5.** Concept of exchange rates and how changes in them affect business. || [|International trade.ppt]

Problems entering new markets abroad

To learn about exchange rates, quotas and tariffs, click below: Exchange rates The Business Cycle