{ "@context": "https://schema.org", "@type": "Organization", "name": "Brainscape", "url": "https://www.brainscape.com/", "logo": "https://www.brainscape.com/pks/images/cms/public-views/shared/Brainscape-logo-c4e172b280b4616f7fda.svg", "sameAs": [ "https://www.facebook.com/Brainscape", "https://x.com/brainscape", "https://www.linkedin.com/company/brainscape", "https://www.instagram.com/brainscape/", "https://www.tiktok.com/@brainscapeu", "https://www.pinterest.com/brainscape/", "https://www.youtube.com/@BrainscapeNY" ], "contactPoint": { "@type": "ContactPoint", "telephone": "(929) 334-4005", "contactType": "customer service", "availableLanguage": ["English"] }, "founder": { "@type": "Person", "name": "Andrew Cohen" }, "description": "Brainscape’s spaced repetition system is proven to DOUBLE learning results! Find, make, and study flashcards online or in our mobile app. Serious learners only.", "address": { "@type": "PostalAddress", "streetAddress": "159 W 25th St, Ste 517", "addressLocality": "New York", "addressRegion": "NY", "postalCode": "10001", "addressCountry": "USA" } }

Chapter 5- Environments And Sectors Of The Economy Flashcards

(6 cards)

1
Q

What are the 8 business environments?

A
  • Purchasing
  • Production
  • Human resources
  • Administration
  • Marketing
  • Public relations
  • Finance
  • General management
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2
Q

Porter’s Five Forces evaluates:

A

Market environment

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3
Q

What do Porter’s Five Forces include?

A
  • Level of rivalry
  • Availability of substitute products
  • Threat of new entrants to market
  • Power of suppliers
  • Power of buyers
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4
Q

Give examples of NGOs

A
  • Industry regulators
  • CBOs
  • Trade unions and employer organisations
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5
Q

What is PESTLE used to evaluate?

A
  • Political
  • Physical
  • Economic
  • Social
  • Technological
  • Legislation
  • Environmental
  • Ethical
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6
Q

What three levels of government involvement are there in the economy?

A
  • Central government
  • Provincial level
  • Local authorities
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