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TOPIC 3: THE ENVIRONMENT OF BUSINESS
Topic 3 introduces students to the environment into two aspect which is internal and external. We wrap up the chapter by looking at the environment that affect the organization and the tools that used to analyze the environment
Upon completion of this topic, students should be able to:
1. Explain 5 facts used to measure importance of the business environment;
2. Explain at least 5 types of external environment factors that affect businesses;
3. Explain at least 5 components of an internal environment;
4. Write a SWOT analysis for a business; and
5. Write a PESTLE analysis for a business.
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Dear students, please download the Self-Instructional Material for Topic 3 below. You are advised to spend at least 3 hours to study this material. Once you have studied this material, you may proceed to answer the Quiz for Topic 3.
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Dear students, once you have completed studying your Self-Instructional Material for Topic 3, please answer the self-check question posted here.