allies and unions give rise to particular opportunities and threats. Business has no control over the factors. environment Macro Enterprise in relation to the environment, i.e. economic, and political environments 2 2. Challenges The challenges of the micro Informal Textbooks/ 3.7% 7.4% 20/01- 24/01 of the business (internal), market and macro activities Newspaper ●Class environment business environments activities articles ●Home Internet Challenges of the micro (e.g. difficult Magazines environment employees, lack of vision and Other mission, lack of adequate media management skills, unions, strikes and go-slows, etc.) Challenges of the market (e.g. competition, environment shortages of supply, changes in consumer behaviour, demographics and psychographics, socio-cultural factors, etc.) Challenges of the (e.g. changes in income environment levels, political changes, contemporary legal legislation, labour restrictions, micro-lending, globalisation/ international challenges, social values and demographics, socioeconomic issues, etc.)
allies and unions give rise to particular opportunities and threats. Business has no control over the factors. Macro environment Enterprise in relation to the environment, i.e. economic, and political environments 2 20/01- 24/01 2. Challenges of the business environment The challenges of the micro (internal), market and macro business environments Challenges of the micro environment (e.g. difficult employees, lack of vision and mission, lack of adequate management skills, unions, strikes and go-slows, etc.) Challenges of the market environment (e.g. competition, shortages of supply, changes in consumer behaviour, demographics and psychographics, socio-cultural factors, etc.) Challenges of the environment (e.g. changes in income levels, political changes, contemporary legal legislation, labour restrictions, micro-lending, globalisation/ international challenges, social values and demographics, socioeconomic issues, etc.) 3.7% 7.4% Informal ●Class activities ●Home activities Textbooks/ Newspaper articles Internet Magazines Other media
Business-Studies-Grade-11-Annual-Teaching-Plan.docx