Implications for Business Strategy - PowerPoint PPT Presentation

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Implications for Business Strategy

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  1. Implications for Business Strategy

  2. Key Knowledge/Understanding • Interest Rates • Exchange Rates • Inflation • Unemployment • Business Cycle • Labour Market For each one of these explain the concept and name three differing stakeholders it affects and how

  3. Task Split into 2 groups of 2 and take 3 bullets points each. Prepare a poster or powerpoint presentation on the three categories.

  4. How can this affect Business Strategy? • For each variable consider how it can affect businesses strategy (both ST and LT). Come up with 3 ways – using BUS1,2,4 and 5 to think about the concepts affected across the whole business.

  5. Business Cycle • Boom • Slump • Downswing • Unemployment • Type • Location • Skills shortage State of Labour Market -Skills surpluses -Skills shortages • Business Strategy • Growth • Profit • Rationalisation • Market Dominance • Diversification • Inflation • Price increase • Price change • other countries • Interest Rates • Levels to other • nations • - rising/falling • Exchange Rates • Level and trend • trading overseas Linked Linked