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Stakeholders concept is important for two reasons: First: it emphasizes that stakeholder groups have different interests. Second: it illustrates the relationship between businesses and external environments.Book 1PDF created with pdfFactory Pro trial version www.pdffactory.comBusiness and SocietyBusinesses exist to:Produce goods and provide services that society wants and needs, at a profit and they cannot take on additional responsibilities unless they perform these tasks successfully.(Business depends on society providing resources such as: people, materials, services and infrastructure).Society provides: vA means of exchange ( money ) vA legal system that effectively policed and enforced vDefense and trade arrangementsBook 1PDF created with pdfFactory Pro trial version www.pdffactory.comSWOT AnalysisSWOT stands for: üStrengths üWeaknesses üOpportunities üThreats It is giving the business an overview of its position in relation to its internal & external environment.(Consider in relation to four key businesses functions: marketing, operation, human resources and finance)Book 1PDF created with pdfFactory Pro trial version www.pdffactory.comSession 3 BUSINESS STRUCTUREBook 1PDF created with pdfFactory Pro trial version www.pdffactory.comBusinesses StructuresWhy are we studying “business structures”? A structure gives a business an identity and provides continuity.
Introduction To Business Studies Notes Pdf
Talents and strengths to the vision. The resulting vision was to create an introduction to business curriculum that was first, and above all else, for the benefit of the student. The main question driving the team was, 'How do students learn?' We do not mean, how do they memorize for tests. But rather, how can we transmit information, knowledge. Business Study Notes is all about business education and business studies online. Visit us here to find free business notes and exams material of all the subjects of B.com, M.com, BBA and MBA Online.
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