The Business Environment
936 resources created by 768 users
This The Business Environment page on GoConqr gathers community-made mind maps, flashcards, quizzes and notes on PESTLE, competition, legislation, globalisation and stakeholders. It's built for school students revising a topic, university students and professional candidates filling gaps, and teachers after ready-made material. There are over 900 resources here, including more than 20 quizzes, over 600 mind maps and more than 100 flashcard decks, made by over 700 contributors. Pick a topic, try a quiz to find your gaps, then build your own revision sets.
Top The Business Environment resources
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33 cardsIB Business Management 1.6 scale of operation
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17 cardsBusiness Studies Difficult Topics Topics I struggle with
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Mind map 2.6 The competitive environment -
14 cardsIB Business Management 1.3
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Mind map South Africa -
Mind map 2.6 Competitive environment -
10 cards3.1.3: Understanding that businesses operate within an external environment Macro-environment (PESTLE), Micro-environment (Porter's 5 forces)
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11 cards2.4 Globalisation Key Words
Quizzes
See all 32 quizzes-
9 questionsInfluences in the Business Environment The Business environment refers to the every changing surrounding conditions in which the business operates
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25 questionsPOB 1.03 Review Which factor has aided the most in creating a global business environment?
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17 questionsInfluences in the Business Environment What is demography the study of?
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14 questionsInternal Influences in a business What is an internal influence?
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4 questionsUnfair Business Practices An auto repair where the actual price is significantly higher than the estimated price.
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6 questionsLaws of business
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6 questionsUncertainty - Risk, reward and change What is the definition of 'uncertainty'?
Mind maps
See all 717 mind maps
Flashcards
See all 143 flashcards-
33 cardsIB Business Management 1.6 scale of operation
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17 cardsBusiness Studies Difficult Topics Topics I struggle with
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14 cardsIB Business Management 1.3
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10 cards3.1.3: Understanding that businesses operate within an external environment Macro-environment (PESTLE), Micro-environment (Porter's 5 forces)
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11 cards2.4 Globalisation Key Words
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7 cardsExternal Factors Which Affect Business External Factors which affect business
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50 cardsHealth and Safety in the workplace 3 methods of training used to minimise risk
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37 cardsPrinciples of Veterinary Business What is meant by context?
Notes
See all 29 notes-
Business Organization and Environment 1.1 Introduction to Business Management What is a business? Decision-making company or organization May/may not be for profit Involves the exchange of goods and services Produce goods and/or provide services Exist to ...
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Globalisation Globalisation Globalisation is when a business sets up operations in, sells to, etc. other countries. This has made the world become increasingly one market. For example, McDonalds have franchises of it in India ...
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Chapter 1 : Business Environment Summary Business is the organizations that provide goods or services to earn profits. There are 6 external environment of business. First, political-legal environment shows the relationship between business and government. Se...
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Chapter 1 What is Business Environment Macro-environment S ocial & Culture forces T echnological forces E conomic forcesP olitical forces many people say Star Lord is good, therefore many people use. Kabam say they will nerf them, people fight back Micro e...
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Globalisation Globalisation text Book Questions pg 2931. Globalisation is when a company is spread around the world.2. A company that is own in one country and is operating in other countries3.The...
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The Relationship between Businesses and the Political and Legal Environment • assessing the effects of: – government intervention in the economy – government economic policies – political decisions affecting trade and access to markets – the impact of legislation relating to businesses • eval...
Slides
More Business administration and management (incl. project management) topics
About The Business Environment
GoConqr OriginalWhat this page covers
The Business Environment looks at the forces outside and inside a firm. The mind maps are the largest group. Macro Environment splits the outside world into socio-cultural, technological, economic, political-legal and ecological factors, with demographics such as population changes and average household size. PESTEL and PEST analysis offer shorter versions of the same idea.
Where to start
- Begin with the flashcards on understanding that businesses operate within an external environment. They define the macro-environment, PESTLE and Porter's Five Forces.
- Move to the mind maps Business Environment and External Factors for a wider overview.
- Then pick a theme: 2.6 Competitive environment covers market share and recession, 2.5 Legislation covers equal pay, sex and race discrimination and health and safety, and 2.4 Globalisation Key Words covers exports, imports and exchange rates.
Case studies and countries
Some maps apply the ideas to real settings. External factors for McDonald's (PESTEC) and APPLE show how a framework works on one company. The South Africa map looks at corruption, corporate taxes, infrastructure, trade agreements and Hofstede's cultural dimensions. Exam-linked sets mention GCSE Business, IGCSE Business Studies, A-level Business, IB Business Management and NSC Business Studies, so check which one matches your course.
Using quizzes and maps together
Read a map first, then test yourself. The quiz Influences in the Business Environment is a good first check, and Business Environments and Internal Influences in a business add more practice. Any question you miss tells you which map to reopen. Teachers can use the maps and slide sets as ready-made starting points for a lesson.
Where it sits
This unit belongs to the Business Foundations strand of Business administration and management (incl. project management). Choose one resource now, work through it, and then make a map or deck of your own.
Frequently asked questions
Which resource should I open first?
Start with the flashcards on understanding that businesses operate within an external environment. They set out the macro-environment, PESTLE and Porter's Five Forces in short cards. After that, try the quiz Influences in the Business Environment to see which areas need another look.
What do the mind maps cover?
They cover PESTLE-style factors, the competitive environment, legislation, technology, stakeholders and globalisation. Some apply the ideas to named examples, such as McDonald's, Apple and South Africa. There are over 600 mind maps, so you can usually find one for the topic you are revising.
Are the resources free to use?
Yes. Every resource on this page is free to open, study and take, with no account needed. They were made by GoConqr users, not by GoConqr. A free account also saves your quiz scores and lets you make your own quizzes, mind maps, flashcards and notes.
Which levels and exams do they suit?
Most resources suit school students, with a good share for university students and professional candidates. Listed exams include GCSE Business, IGCSE Business Studies, A-level Business, IB Business Management and NSC Business Studies. Check the resource title and content against your own course before relying on it.
Are there quizzes here?
Yes, there are more than 20 quizzes. Titles include Influences in the Business Environment, Business Environments, Managing in the Global Environment and Uncertainty - Risk, reward and change. Use them after reading a map to check what you remember.
What if my topic is missing?
Try a nearby title first, since topics such as legislation, globalisation and stakeholders appear under several names. If you still cannot find it, make your own mind map, flashcards or notes on it, which is free with an account, and use the existing resources as a guide.