internalbusinessenvironment include employees and mangers, legalbusinessstructure, type of businessmodel, businesslocation and businesssupportservices.
operatingenvironment includes customers, competitors and suppliers.
macro business environment include corporate social responsibly and global issues.
business environment is the surrounding conditions in which the business operates. it can be divided into 2 broad categories: internal and external
internal environment factors over which the business has some degree of control: it is sometimes called the microenvironment
external environment factors over which the business has little control. it may further divided into 2 categories: operating and macro.
operating environment is the specific outside stakeholders with whom the business interacts in conducting its business; it is sometimes called the task environment
macro environment is the broad conditions and trends in the economy and society within which a business operates.
stakeholders are any group or individual who has an interest in or is affected by the activities of a business
managers are people who have the responsibility for successfully achieving the objective of the business.
location is the business will determine whether of not the business is visible and accessible to potential costumers.
businessentity is an organization that exist separately to its owners in order to produce and sell goods and services.
incorporated is a business that has a separate legal existences apart from its owners
an unincorporate business has no separate legal entity from its owners and will be either a sole trader or partnership
an incorporated business has its own separate legal entity so that regardless of what happen to individual shareholders/ owners of the company. the business can continue to operate.
unlimited liability is when the business owner is personally responsible for all the depts of the business.
soletrader is a business owned and operated by one person
partnership is an unincorporated business structure with a minimum of 2 and a max of 20
the maintypeofbusinessmodel include online business , bricks and mentor , direct to consumer businesses , franchise , imports and exports.
businessmodel is the way in which the business will run its operation to garneted a profit
franchise is when a business sells to others the right to distribute its goods and use the business name
natural recourses is used in the production of many types of goods such as crops as well as services.
A business plan is a written statement of the goals and objectives for a business, and the steps to be taken to
achieve them. In other words, it is a summary and an evaluation of a business concept.
staff morale the general level
of satisfaction and wellbeing of
employees
employee retention the ability of a
business to keep employees
environmental audit a review of
the extent to which a business’s
activities have an impact on the
environment
environmental management
system a tool for managing a
business’s environmental impact
in a systematic and methodical
manner
solicitor a professional who
provides advice on legal matters
such as business formation,
registration, contracts and
legislation
the different types of online business models include advertising based websites, freemium, brokerage, and merchant
main types of business models include, online businesses, brick and mortar , direct to consumer businesses, franchise and imports and exports.
some business resources include natural , labour and and capital resources.
the SWOT analysis includes strengths, weaknesses, opportunities and threats.