Responding to Business Environment Changes

1.  Evaluate and analyse the factors that influence business and the responses that can be deployed to manage these factors

1. Identify and make use of different approaches to understanding the macro and micro environments for business
2. Review business resources and external factors and trends to identify where business performance could be positively or negatively affected
3. Recommend responses to external factors and trends

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2.  Appreciate how an integrated approach to understanding the business context and decision making can support business development

1. Identify and prioritise organisational changes to individual businesses that would counteract negative or support positive business environmental factors and trends
2. Use case examples to illustrate the impact of responding to business environmental factors and trends
3. Evaluate the role of management in responding to a changing business environment

• The assessment strategy for this course is designed to test all the learning outcomes.
• Learners must demonstrate successful achievement of all learning outcomes to pass the course.

• The assessment criteria for a pass will be presented with the summative exercise.
• Further information and guidance on the assessment will be made available through the tutor.

To pass the unit a 40% overall grade must be achieved.