Name some key theories and notes for Organisation’s Environment ?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Princy asked almost 2 years ago

Name some key theories and notes for Organisation’s Environment  ?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 chetan answered almost 2 years ago

Interacting with the Organisation’s Environment – 20%

Learning outcomes:

  • A1(a) Evaluate the influence and impact of the external environment on an organisation and its Strategy
  • A1(b) Recommend approaches to business/government relations and to relations with society
  • A1(c) Discuss the drivers of external demands for environmental sustainability and corporate social responsibility and the organisation’s response
  • A1(d) Recommend how to build and manage strategic relationships with stakeholders (including suppliers, customers, owners, government and the wider society).
  • A2(a) Evaluate ethical issues and their resolution within a range of organisational contexts

Key topics/theories:

  • SWOT analysis and PEST(EL)
  • Porter’s Five forces model
  • Competitor analysis
  • Mendelow’s power/ interest matrix
  • Corporate Social Responsibility (CSR)
  • Supply Chain Management (SCM)
  • Business ethics and the CIMA Code of Ethics

For more details on CIMA please read this following article- CIMA Details

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