Unit Title: Introduction to Business Guided Learning Hours: 100 Level: Level 4 Number of Credits: 12 Learning Outcome 1 The learner will: Understand the objectives of a business, what resources they need and to whom they are accountable. Assessment Criteria The learner can: 1.1 Define and show an understanding of the important business terms related to corporate objectives. Indicative Content 1.1.1 Define and show an understanding of the terms ‘corporate aims’, ‘corporate objectives’
Words: 1115 - Pages: 5
text: changes in the macro environment affect individual firms and industries through the microeconomic factors of demand, production, cost and profitability. Drawing on current business publications, find some updated facts for each case that support this theme. Both the cases McDonald’s in China and Wal-Mart in Mexico show how the interplay of microeconomic and macroeconomic factors influences managers’ competitive strategies. For both of these company, expansion abroad was a strategic move that
Words: 1682 - Pages: 7
Opportunities……………………………………………………....6 iv) External Environment: Threats……………………………………………………………..6 PESTL Analysis………………………………………………………………………………...7 i) Political factor analysis……………………………………………………………..7 ii) Economic factor analysis……………………………………………………………8 iii) Social factor analysis………………………………………………………………...8 iv) Technological factor analysis………………………………………………………..9 v) Environmental factor analysis………………………………………………………..9 vi) Legal factor analysis…………………………………………………………………10
Words: 3899 - Pages: 16
five variables (as shown in figure 1): lowered the basic rate of income tax to 20%, lowered VAT to 12% and increased government spending on health, education and employment, and defence each by 5%. This report will explain the impact upon mainly 3 economic indicators: unemployment, inflation and government debt, before analysing different implications on the economy. It should be appreciated that the government targets for these three factors are low unemployment, low inflation and low government debt
Words: 1592 - Pages: 7
FACTORS THAT INFLUENCE THE CREDIT AVAILMENT OF SMALL AND MEDIUM ENTERPRISES (SMEs) IN TANAUAN CITY A Thesis Presented to the Faculty of College of Accountancy Business, Economics and International and Hospitality Management Batangas State University-JPLPC,Malvar Campus Malvar, Batangas In Partial Fulfillment Of the Requirement for the Degree Bachelor of Science in Business Administration Major in Financial Management By: Chona E. Maquiñana Lorie May R. Catimbang Jonie E. Mendoza
Words: 15348 - Pages: 62
TABLE OF CONTENTS TABLE OF CONTENTS 2 Introduction: Kenya Economy (Sub-Saharan Africa) 3 Objective of the study 4 Macro Economic Indicator Table 5 GDP Trend 6 Trade and Industrial Policy 9 Exchange rate policy 17 Monetary policy & Fiscal Policy 21 References: 26 Introduction: Kenya Economy (Sub-Saharan Africa) Kenya is considered by many today to be the heartland of East Africa. It has a total area of approximately 580,000 km2, making it slightly
Words: 5761 - Pages: 24
Businesses are never DSUs. 3. A financial claim is an “IOU” from a deficit spending unit. 4. Investment bankers help DSUs bring new primary security issues to market. 5. Deposits in a credit union by a household are an example of direct finance. 6. When an SSU owns a financial claim created by financial intermediation, its residual claim is against a DSU. 7. Assets of financial intermediaries include direct financial claims only. 8. Finance companies take small consumer deposits and make large
Words: 25527 - Pages: 103
ACHIEVING THE GOALS AND OBJECTIVES OF ANY STRATEGY IS AN ILLUSION. DISCUSS 1.0 INTRODUCTION Every business organisation exists for the purpose of fulfilling certain goals and objectives as outlined by them. The fulfillment of these goals and objectives may bring benefits to the organisation and to various stakeholders such as shareholders, customers, the general public, the government, etc. In order to implement these goals and objectives in a systematic and orderly manner, management must
Words: 2724 - Pages: 11
precious metals, silver and gold to serve as a measure of all commodities. Gold had played an important role for many centuries in a way or another until the end of Bretton Wood. After the collapse of Bretton Wood’s system fiat money and a floating rate exchange system have taken place in the monetary system. Fiat money is created out of nothing by the power of an issuing authority. With the spread of Islam, the dinar was minted in large quantities and gradually displaced the bezant gold coin as the
Words: 3383 - Pages: 14
People Name, job title, age Number of years experience, if relevant Experience or influence Additional facts, if relevant Name, job title, age Number of years experience, if relevant Experience or influence Additional facts, if relevant B) Institutions Name Influence or effect, if relevant Additional facts Name Influence or effect, if relevant Additional facts Events Name or description Influence or effect Additional facts, if relevant Chronology (what happened – facts and
Words: 1727 - Pages: 7
