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Level 4 Diploma in Accounting and Business

Stakeholder Analysis and the Internal Business Environment

AB402 · Business and the Economic Environment — Week 4 of 16

CourseAB402
Week4 of 16
SemesterI
TutorOnline in the course chat

This week’s topics

Stakeholder Analysis and the Internal Business Environment

  1. Internal, connected and external stakeholder identification
  2. Mendelow's power-interest matrix
  3. Value Chain Analysis
  4. Resource-based view and VRIO framework
  5. Value Chain Analysis EXPLAINED | B2U | Business To You
  6. VRIO Framework EXPLAINED | B2U | Business To You
  7. System Stakeholders and the Power Matrix | Connected Leadership with Peter Boyd

What you will be able to do

  • 2.1 Assess the needs, interests and influence of a business’ stakeholders.
  • 2.3 Apply a technique to assess the internal environment of a business.

Activity

Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: assess the needs, interests and influence of a business’ stakeholders.

Study materials

Videos

  • Value Chain Analysis EXPLAINED | B2U | Business To You · YouTube · Business To You · 17 min · for registered students
  • VRIO Framework EXPLAINED | B2U | Business To You · YouTube · Business To You · 14 min · for registered students
  • Stakeholders and Stakeholder Mapping · YouTube · tutor2u · 8 min · for registered students

Further resources

  • Mastering Strategic Management, ch. 4: Managing Firm Resources · PDF · Saylor Academy, textbook chapter; pp. 101–134 · for registered students
  • Business Ethics, ch. 3: Defining and Prioritizing Stakeholders · PDF · OpenStax, textbook chapter; pp. 69–92 · for registered students
  • Principles of Management, ch. 8.5: The internal environment · PDF · OpenStax, textbook chapter; pp. 231–234 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
Course chat

Admitted students ask questions on this week’s page in the student portal: an AI assistant trained on the course answers first, and during the course’s timetabled classes Connect to your tutor brings your tutor into the chat, who may start a call if needed.

Open this week in the portal
Course plan
  • Week 1: Business Classification and Sector Analysis
  • Week 2: Legal Structures and Business Ownership
  • Week 3: Organisational Structures and Financial Reporting Frameworks
  • Week 4: Stakeholder Analysis and the Internal Business Environment
  • Week 5: External Business Environment and Globalisation
  • Week 6: Macroeconomic Fundamentals and the Circular Flow of Income
  • Week 7: Aggregate Demand and Business Activity
  • Midterm: Midterm evaluation
  • Week 9: Microeconomic Factors and Elasticity Concepts
  • Week 10: Perfect Competition and Price Determination
  • Week 11: Imperfect Market Structures, Pricing and Output
  • Week 12: Applying Business and the Economic Environment in practice:…
  • Week 13: Assignment workshop: research, planning and referencing
  • Week 14: Assignment workshop: drafting, feedback and improvement
  • Week 15: Review and coursework completion
  • Final: Final assessment and submission
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