1. identify the forces and elements in business firm environment using swot analysis
2.identify the environment of local international business firm and
3.describe the role of business towards the economy, the differentiate the various forms of business organisations
2.identify the environment of local international business firm and
3.describe the role of business towards the economy, the differentiate the various forms of business organisations
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1.A swot analysis is a compilation of your company's strengths, weaknesses, opportunities and threats. The primary objective of a SWOT analysis is to help organizations develop a full awareness of all the factors involved in making a business decision.
2-3.
Businesses do not operate in a vacuum but rather in a dynamic environment that has a direct influence on how they operate and whether they will achieve their objectives. This external business environment is composed of numerous outside organizations and forces that we can group into seven key subenviron, as (Figure) illustrates: economic, political and legal, demographic, social, competitive, global, and technological. Each of these sectors creates a unique set of challenges and opportunities for businesses.