This week’s topics
Review and coursework completion
- Reviewing the learning outcomes
- Completing and checking coursework against the criteria
- Self-assessment
What you will be able to do
- 1.1 Explain different types of business activity.
- 1.2 Explain different business sectors.
- 1.3 Compare different forms of business ownership.
- 2.1 State the functional areas of a business.
- 2.2 Describe the activities of a business’ functional areas.
- 2.3 Explain how different functional areas are interrelated.
- 3.1 Explain different organisation structures.
- 3.2 Compare the advantages of different organisation structures.
- 3.3 Compare the disadvantages of different organisation structures.
- 3.4 Show how an organisation is structured.
- 3.5 Conduct a SWOT analysis on a business.
- 4.1 State the factors which form a business’ external environment.
- 4.2 Explain how these factors impact a business.
- 4.3 Explain how a business can respond to changes in its external environment.
- 4.4 Conduct a PESTLE analysis on a business.
- 5.1 Outline how different microeconomic factors impact a business.
- 5.2 Outline how different macroeconomic factors impact a business.
- 5.3 Explain why a national government influences a business’ economic environment.
- 5.4 Explain how the international economy influences a business’ economic environment.
Activity
Guided review of every criterion; coursework completion clinic and peer review.
Study materials
The teaching notes, exercises and videos of this week are in the student portal. Your portal is set up as soon as you receive final acceptance, so you can open them before the semester starts.
