IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment.

Slides:



Advertisements
Similar presentations
Business Management (National 5)
Advertisements

PEST & STEEP Analysis.
BTEC Level 3 Business Unit 1 Assignment 2 – P6, M3, D2.
What questions would you like to ask?. From which country does the UK import the most services? (1) Germany To which country does the UK export the most.
Analysing News Articles. Questions for Analyzing Social Issues 1. What are the social issues associated with a particular IT development? 2. How did.
Business Section: FinanceFurther Reading C.31 Keywords – break even, chart, margin of safety, contribution, contribution per unit. Class : Y11 Lesson.
Class : Y10 Lesson Topic: Marketing Scheme of Work: Market Research.
IGCSE Business Chp. 19 & 20 Keywords – CV, external/internal recruitment, Job description, Person Spec, Discrimination, Unfair dismissal. Class : Y10 Lesson.
Legal Structures Tell me three things... about the topic we are studying. Or, you learnt in the last lesson. STARTE R.
IGCSE Business Chp. Chp. 1 & 2 Keywords – Mission statement, objectives, profit maximization Class : Y10 Lesson Topic: Business and the Environment Scheme.
IGCSE Business Chp. 19 & 20 Keywords – maslow hierarchy, Herzberg, motivation, non/ financial rewards, fringe benefits, job enrichment Class : Y10 Lesson.
Economics Section: Market SystemFurther Reading Chps 2 – 3 Keywords – Demand curve ; demand ; effective demand ; demand factors ; normal good ; inferior.
Class : Y11 Lesson Topic: Global Economy
Business Section: FinanceFurther Reading C.27 Keywords – Working capital, working capital cycle, current assets, current liabilities. Class : Y11 Lesson.
Prepare for Learning – 5mins
Business Section: FinanceFurther Reading C.29 Keywords – cash flow, forecast, inflows, outflows, liquid, net cash flow. Class : Y11 Lesson Topic: Finance.
Economics Section: Chp 35Further Reading Keywords – balance of trade, imports, exports, visible trade, invisible trade, deficits, surplus Class : Y11.
Economics Section: Government & EconomyFurther Reading C.38 Keywords – Aggregate Demand, fiscal, taxation, direct/indirect, expansionary, contractionary.
IGCSE Business Chp. Chp. 1 & 2 Keywords – factors of production, sectors of economy, division of labour, specialization, lab/capital intensive Class :
Class : Y10 Lesson Topic: Human Resources Scheme of Work: Training.
Environmental Analysis
Economics Section: Chp. 34Further Reading Keywords – Unemployment, voluntary, frictional, seasonal, structural & cyclical unemployment. Class : Y11 Lesson.
IGCSE Business Chp. 15 & 16 Keywords – hierarchy, span of control, chain of command, delegation, authority, functional departments Class : Y10 Lesson Topic:
Thought for the day: “I hear, and I forget. I see, and I remember. I do, and I understand’. -- Chinese Proverb.
Prepare for Learning 2 -mins
Economics Section:Further Reading Keywords – Monopoly, Natural Monopoly, Patents, barriers, Class : y10 Lesson Topic: Monopoly Scheme of Work: Business.
Class : y10 Lesson Topic: Oligopoly Scheme of Work: Business Economics.
IGCSE Business Chp. 9 Keywords – brownfield site, greenfield site, regional policy Class : Y10 Lesson Topic: Business and the Environment Scheme of Work:
IB Exam Units 1,2,3,4 & 5. Q1 1a. Define the term entrepreneur. someone who combines the four factors of production (land, labour, capital & enterprise)
Economics Section: Income elasticityFurther Reading c.9 Keywords – Income elastic, income inelastic, normal good, inferior good, discretionary. Class.
1.5 External Environment STEEPLE Analysis.
Class : Y10 Lesson Topic: Business and the Environment
External influences. External influences on business Businesses are influenced by a range of factors over which they have little control – these are called.
Economics Section: Government & EconomyFurther Reading C.40 Keywords – Supply side, long run, quantity, quality, privatization, de-regulation Class :
Economics Section: Chp 29Further Reading Keywords – Privatisation, Nationalisation, Efficiency Class : y10 Lesson Topic: Privatisation Scheme of Work:
Economics Section: Competitive MarketsFurther Reading. Chp 22 Keywords – Firms, competition, barriers to entry, innovation, product differentiation, monopoly.
IGCSE Business Studies Chp. 45 p. 209 Keywords – Production ; Job ; Batch ; flow ; quality ; unit cost Prepare for Learning – 5mins In Pairs answer the.
INFORMATION TECHNOLOGY IN A GLOBAL SOCIETY
Business Section: FinanceFurther Reading C.32 Keywords – distributed profit, dividend, gross profit, net profit, Profit & Loss (P&L), retained profit Class.
Chapter 14 Marketing environments and ethics. Learning objectives 1Discuss the external environment of marketing, and explain how it affects an organisation.
Economics Section:Further Reading Keywords – Class : Y11 Lesson Topic: Government & Economy Scheme of Work: Macroeconomic Objectives.
Oil Case Study.
Economics Section:Further Reading Keywords – International trade ; free trade ; domestically ; competition ; choice ; overspecialization Class : Y11 Lesson.
PEST ANALYSIS These factors affect a business and are beyond the control of the business P olitical E conomic S ocial T echnological.
IGCSE Business Chp. Keywords – Class : Y10 Lesson Topic: Human Resources Scheme of Work: Communication.
SECTION D. Microenvironment Factors or elements in an organization's immediate area of operations that affect its performance and decision making freedom.
Introduction You’ve been assigned a research paper, and you’ve chosen a subject that’s interesting to you. How do you figure out what part of your subject.
Learning Outcomes Define the broad categories of factors that affect the marketing environment Explain the distinction between the microenvironment and.
Adidas Marketing Strategy
INTERNAL AND EXTERNAL BUSINESS ENVIRONMENT
Chapter 2 The marketing environment Learning objectives 1.Discuss the external environment of marketing and explain how it affects an organisation 2.Describe.
IGCSE Business Chp. Chp. 1 & 2 Keywords – Consumer, goods, entrepreneurs, needs, private, public sector, services, stakeholder, wants. Class : Y10 Lesson.
PESTLE analysis. Aims Prepare a PESTLE analysis for a given situation and use it to analyse the impact of the external environment on a firm. Evaluate.
IB Business & Management
1 P.E.S.T. Analysis Dr David Ward Addendum to Strategic Management Course.
PESTLE ANALYSIS. WHY IS IT USEFUL? HSC Syllabus outcomes: H2Evaluates management strategies in response to changes in internal and external influences.
Essay Skills 2 nd attempt!. Olde Edexcel Essay style! Feb 2010 UNIT 6 paper. 1. (a) Assess the impact on the world economy of the growth of regional trade.
Using connectives.
Economics Section: Chp 28Further Reading Keywords – Regulation, Anti-competitive practices, regulatory bodies, Regional Policy Class : y10 Lesson Topic:
SLEPT Analysis Use in conjunction with the Intellectual Property Office Summary Study THE TIMES 100.
APPLIED GCSE BUSINESS STUDIES
External Influences: PESTLE Analysis
R061 Business and Enterprise
How to answer exam questions
External influences.
Introduction to unit Learning aim A
Situation Analysis in Tourism
External Influences on Business
EXTERNAL FACTORS (PESTEL)
Connectives The different kinds.
Presentation transcript:

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Class : Y10 Lesson Topic: Business and the Environment Scheme of Work: External Influences

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Tell me three things... about the topic we are studying. Or, you learnt in the last lesson. STARTER

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Questions you would like to ask Today we will begin studying ____________. What are the questions you would like answered.

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Noun Play _________ is like (a) ________ because…. First blank is for the topic, concept etc. Second blank is for the random noun. e.g. Communication is like driving because…

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CAUSE & EFFECT Consequently…Due to… As a result…Therefore.. Because of…Because… CONCLUDING Firstly…After… Secondly…Before… Overall…I believe… Finally…I think … In conclusion…it depends… To conclude…short term… Meanwhile…Long term… CONTRASTING Although…Except… Moreover…If… However…Yet… Apart from…Unless… Despite…As long as… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite…Yet… As long as…Unless… Apart from…If… Moreover…Except… However…Although… ADDING In addition…And… Too…Also… Additionally…As well as… Furthermore… ILLUSTRATING For instance…Such as… In the case of…So… For example… As revealed by… As illustrated by…

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental External Factors affecting business P olitical E conomic S ocial T echnical L egal E nvironmental

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Political Government legislation affects business New laws and regulations (red tape) affect business costs E.g. Minimum wage, Health & Safety rules.

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Economic The economic growth is always changing. Peak = high growth, high demand Trough = low growth, low demand.

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental How does the economy affect business Video What happens during a recession? How are businesses affected?

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Social Society is always changing. Ethics means doing the right thing. Businesses nowadays are concerned with recycling and child labour. Also changing is, Population growth Demographic changes (women at work) Healthy lifestyles (less demand for sugary drinks)

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Technological Technology massively impacts business efficiency and costs. Wireless Internet improves communication in tertiary sector Machinery improves primary sector production How is John Lewis in Stevenage affected by technology? How is John Lewis in Stevenage affected by technology? – BBC New Technology Video

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Legal Similar to political, New rules and regulations impact a business cost and therefore profits. E.g. U.K following EU regulations. How is online opticians affected by legislation? How is online opticians affected by legislation? – (BBC Legislation video)

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Environment Business concerned with recycling and improving environment. Customers want sustainable production meaning less damage on environment. Global Warming is seen as danger to environment, businesses must act to keep customers.

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental CONNECTIVES for Analysis CONNECTIVES for Application CONNECTIVES for Evaluation COMPARING Equally… As with… Like… In the same way… Similarly… Even so… Likewise… CAUSE & EFFECT Consequently…Due to… As a result…Therefore.. Because of…Because… CONCLUDING Firstly…After… Secondly…Before… Overall…I believe… Finally…I think … In conclusion…it depends… To conclude…short term… Meanwhile…Long term… CONTRASTING Although…Except… Moreover…If… However…Yet… Apart from…Unless… Despite…As long as… EMPHASISING Most importantly… Significantly… Notably… Especially… Above all… In particular… Indeed… QUALIFYING Despite…Yet… As long as…Unless… Apart from…If… Moreover…Except… However…Although… ADDING In addition…And… Too…Also… Additionally…As well as… Furthermore… ILLUSTRATING For instance…Such as… In the case of…So… For example… As revealed by… As illustrated by…

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Exam style questions A-A* 1.Discuss 2.Evaluate (8-12m) 8+ connectives & key words C-B 1.Explain 2.Analyze (5-7 m) 5+ connectives & key words E-D 1.Identify 2.Define (2-4m) 2 + connectives & key words ATD Apply to Apply to demonstrate

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Questions you would like to ask e.g. Today we have been studying_______________. Think of 1 questions to ask other people in the class about today’s lesson. PLENARY

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Freeze Frame Students have to produce a freeze-frame showing one aspect of their learning. E.G. A communication method or a finance or a sector of the economy

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Spell a key word to your friend using sign language…

IGCSE Business Chp. 13 Keywords – Political, economic, social, technological, legal, environmental Exam Question Write an exam question based on your learning today. Then, swap books and answer someone else’s question. Answer PLAN: Intro – define key word Explain 1 advantage (BLT) Explain 1 disadvantage (BLT) Conclude – I think, however, it depends… E.g. Discuss whether a bank loan is suitable for business startup. Start with; Discuss or Evaluate whether or To what extent is ________________________________________________________________________ _______________________________________________________________ (6m) 3+ connectives 3+ key words