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Business Environment (Byte Size Skills Course)

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OUR PASS RATE
Business & HR (National Average 51.8%)
97.5%
  • SALE Savings End Midnight Tuesday 10th November
  • SALE Savings End Midnight Tuesday 10th November

Business Environment (Byte Size Skills Course)

All organisations, whatever their size and whether in the public or private sector, operate in a constantly changing environment. As it changes, this business environment offers organisations the opportunities they need to develop and grow.

It may, for example, offer new markets to exploit, new technology to develop new products and new processes, ideas on how to manage operations better, new sources of raw materials or new ventures with new partners. The changes also, however, may present threats to organisations. These may be new competitors, changing fashions and tastes, new technology making existing products and processes obsolete, changing terms of trade making imported inputs expensive, and government policies changing the competitive or operating environment. The legal implications of what organisations do are extensive and varied; effectively, the legal infrastructure constrains their activities.

All successful organisations continually monitor the environment in which they operate, both formally and informally, in order at least to react to the changes taking place through reactive management. At best, organisations seek to anticipate and take advantage of changes through proactive management. Any actions need to match an organisation's basic philosophy and its resources and abilities. We look at how an organisation does this, but the first step is recognising what is happening in the environment and evaluating its importance.

After participating in this course, you should be able to:

  • Monitor changes to the business environment and appreciate their significance for an organisation
  • Identify potential environmental opportunities and threats for particular organisations
  • Describe the components of a PEST or STEEP analysis
  • Detail the structure of the social and demographic environment
  • Detail the structure of the economic environment
  • Identify relevant factors in the industrial environment
  • Assess the implications of government policies for an organisation
  • Identify relevant factors in the political environment, including the law, society and international trade
  • Identify significant technological developments driving organisational and competitive change.

Modules

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support

Introduction

Objectives

Section 1: Environmental Opportunities and Threats

Introduction

1.1 The organisation and its environment

1.2 Environmental analysis

Summary

Section 2: Social Environment

Introduction

2.1 Demographics and organisations

2.2 Social structures and behaviour patterns

Summary

Section 3: Economic Environment

Introduction

3.1 Macroeconomy and governments

3.2 Industrial environment

3.3 Changing economic policies

Summary

Section 4: Political Environment

Introduction

4.1 Politics and power

4.2 International business environment

4.3 Environmentalism and social responsibility

Summary

Section 5: Technological Environment

Introduction

5.1 The new industrial revolution

5.2 New products and processes

Summary

Course Review Activity

Course Summary

References

Recommended Reading

Tutor Marked Question Paper

Entry Requirements

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

On successful completion of your course you will receive the learndirect Certificate of Completion of Training in Business Environment (Byte Size Skills Course).

Your course certificate will also state the number of CPD points/hours the course is eligible for.

View a sample of the certificate (opens in new window)

learndirect is one of the largest integrated providers of courses and qualifications, training, and employment services in the UK

  • Each year around 6,000 businesses equip their staff for success with learndirect
  • learndirect have helped more than 75,000 businesses equip their employees with the skills needed to improve productivity.
  • Almost 700,000 maths and English test passes have been achieved with learndirect.
  • 300,000 people fulfilled their career ambitions last year with learndirect.
  • Over 250,000 apprentices have achieved with learndirect.
  • SALE Savings End Midnight Tuesday 10th November
  • SALE Savings End Midnight Tuesday 10th November

Business Environment (Byte Size Skills Course)

All organisations, whatever their size and whether in the public or private sector, operate in a constantly changing environment. As it changes, this business environment offers organisations the opportunities they need to develop and grow.

It may, for example, offer new markets to exploit, new technology to develop new products and new processes, ideas on how to manage operations better, new sources of raw materials or new ventures with new partners. The changes also, however, may present threats to organisations. These may be new competitors, changing fashions and tastes, new technology making existing products and processes obsolete, changing terms of trade making imported inputs expensive, and government policies changing the competitive or operating environment. The legal implications of what organisations do are extensive and varied; effectively, the legal infrastructure constrains their activities.

All successful organisations continually monitor the environment in which they operate, both formally and informally, in order at least to react to the changes taking place through reactive management. At best, organisations seek to anticipate and take advantage of changes through proactive management. Any actions need to match an organisation's basic philosophy and its resources and abilities. We look at how an organisation does this, but the first step is recognising what is happening in the environment and evaluating its importance.

After participating in this course, you should be able to:

  • Monitor changes to the business environment and appreciate their significance for an organisation
  • Identify potential environmental opportunities and threats for particular organisations
  • Describe the components of a PEST or STEEP analysis
  • Detail the structure of the social and demographic environment
  • Detail the structure of the economic environment
  • Identify relevant factors in the industrial environment
  • Assess the implications of government policies for an organisation
  • Identify relevant factors in the political environment, including the law, society and international trade
  • Identify significant technological developments driving organisational and competitive change.

Modules

Assessment Method

After each lesson there will be a question paper, which needs to be completed and submitted to your personal tutor for marking. This method of continual assessment ensures that your personal tutor can consistently monitor your progress and provide you with assistance throughout the duration of the course.

What's Included

  • All study materials
  • Study Guide
  • Full Tutor and Admin support

Introduction

Objectives

Section 1: Environmental Opportunities and Threats

Introduction

1.1 The organisation and its environment

1.2 Environmental analysis

Summary

Section 2: Social Environment

Introduction

2.1 Demographics and organisations

2.2 Social structures and behaviour patterns

Summary

Section 3: Economic Environment

Introduction

3.1 Macroeconomy and governments

3.2 Industrial environment

3.3 Changing economic policies

Summary

Section 4: Political Environment

Introduction

4.1 Politics and power

4.2 International business environment

4.3 Environmentalism and social responsibility

Summary

Section 5: Technological Environment

Introduction

5.1 The new industrial revolution

5.2 New products and processes

Summary

Course Review Activity

Course Summary

References

Recommended Reading

Tutor Marked Question Paper

Entry Requirements

There is no experience or previous qualifications required for enrolment on this course. It is available to all students, of all academic backgrounds.

All course fees, inclusive of all payment plans including our Premium Credit Limited option, must be settled before certification can be ordered.

*You will have access to the course for 24 months.

Qualifications

On successful completion of your course you will receive the learndirect Certificate of Completion of Training in Business Environment (Byte Size Skills Course).

Your course certificate will also state the number of CPD points/hours the course is eligible for.

View a sample of the certificate (opens in new window)

learndirect is one of the largest integrated providers of courses and qualifications, training, and employment services in the UK

  • Each year around 6,000 businesses equip their staff for success with learndirect
  • learndirect have helped more than 75,000 businesses equip their employees with the skills needed to improve productivity.
  • Almost 700,000 maths and English test passes have been achieved with learndirect.
  • 300,000 people fulfilled their career ambitions last year with learndirect.
  • Over 250,000 apprentices have achieved with learndirect.
OUR PASS RATE
Business & HR
97.5%
(National Average 51.8%)
100% online
learning
1 units
20 guided
learning hours

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Rated Excellent by our learners

4.5 out of 5

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Agent took time to explain things to me thoroughly. Great experience

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I had a mistake happen with my end of…

I had a mistake happen with my end of course deadline, saying it ended a year earlier than it should have. Initially, the chat bot and the first response by a person I got were incredibly unhelpful and took me on a wild goose chase causing a lot of unnecessary stress over the weekend especially whilst working full time. Until today, I eventually got through to Sam at customer service and Edina (3rd time referral by the chat bot (I did both at once due to long hold times over the phone)), they both immediately sorted everything for me so 5* for them, they were incredibly helpful and knowledgeable I was expecting an argument like most customer service procedures but they were understanding and on top of everything, they immediately recognised there was a fault and went through the proper protocol to solve everything for me rapidly. I would recommend that the chat bot gets an update or more monitoring as it struggled to direct me to the right person several times and gave me the finance departments contact details, who then directed me towards the correct department.

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Signed up for GCSE maths less than a week ago and all is good so far.

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John was knowledgeable and was able to answer all my questions. He also seemed friendly, managed to create a connection with me by using what he knows about my ethnicity.

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I had such a fantastic experience with Learn Direct, all thanks to Jordan! He called me and took the time to explain absolutely everything so clearly and thoroughly. He was incredibly patient, friendly, approachable and genuinely lovely to speak to. Nothing felt rushed, and he made sure I understood everything and felt comfortable every step of the way. The whole enrolment process was honestly the easiest thing ever. Jordan made everything so straightforward and stress-free, answering all my questions and making the entire experience feel effortless. It’s so refreshing to speak to someone who is not only knowledgeable and professional but also genuinely enthusiastic, helpful and welcoming. His customer service was outstanding, and he really is a credit to Learn Direct. Thank you, Jordan, for making what could have been a daunting process such a positive and easy experience. You’re an absolute star! Highly recommend!

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