HNC Business Logo

line
Home - Units - News - Links - Articles - Handouts - Books - Discussion - Unit 1 - Unit 2 - Unit 3 - Unit 4 - Unit 5 - Unit 6 - Unit 7 - Unit 8

Archived Content

TrainUnit 4 Business Environment

Investigate the behaviour of organisations and the market environment

The market environment in which businesses operate will impact on the behaviour of businesses. This unit requires you to look at the following areas. As we add information and links, we will add links to the following list.

Market types: perfect competition, monopoly, monopolistic competition, oligopoly, duopoly; competitive advantage, behaviour and strategies adopted by firms; role of Competition Commission, and regulatory bodies eg Oftel, Ofgas, Ofwat

Market forces and organisational responses: supply and demand, elasticity, customer perceptions and actions, issues relating to supply, cost and output decisions short run and long run, economies of scale, growth of organisations: reasons, methods, financing, MNCs/TNCs joint ventures, outsourcing; core markets/skills, technology and innovation, labour market trends, cultural environment

line

Home - Units - News - Links - Articles - Handouts - Books - Discussion - Unit 1 - Unit 2 - Unit 3 - Unit 4 - Unit 5 - Unit 6 - Unit 7 - Unit 8

All content copyright 2007 - 2013

Book
Recommendations

HNC/HND Business Core Unit 4: Organizations, Competition and Environment: Study Text (2000) - Buy it

Part of the HNC/HND business series, this text on organizations, competition and environment features a blend of topic coverage and practice opportunities with BTEC guidelines, key definitions, timed activities and assignments, and topics for class discussion. It is suitable for both classroom and individual study. Buy it from amazon.co.uk.

All content copyright © 2007 - 2013