Page 123 - F1 - AB Integrated Workbook STUDENT 2018-19

Chapter 8

External analysis – social, environmental

and technological factors

Outcome

By the end of this session you should be able to:

 explain the medium and long-term effects of social and demographic trends on
business outcomes and the economy

 describe the impact of changes in social structure, values, attitudes and tastes
on the organisation

 identify and explain the measures that governments take in response to the
medium and long-term impact of demographic change

 explain the effects of technological change on organisation structure and
strategy: downsizing, delayering, outsourcing

 describe the impact of information technology and information systems
development on business processes

 list ways in which the business can affect or be affected by its physical
environment

 describe ways in which businesses can operate more efficiently and effectively
to limit damage to the environment

 identify the benefits of economic sustainability to a range of stakeholders

and answer questions relating to these areas.

The underpinning detail for this Chapter in your Integrated Workbook can
be found in Chapter 8 of your Study Text

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