IBAM Certificate

BUSINESS ENVIRONMENT
The Business Environment module is the cornerstone of the IBAM Certificate. It provides the context and background students need to understand the different types of business organisations, legal and organisational concepts, key functions within organisations and the environments in which organisations operate – political,economic,social, technological, legal, and competitive. The module also examines changes to the business environment resulting from the development of information technology and the impact of e-business, well as the notion of corporate social responsibility and environmental change.

SYLLABUS
Organisations in Context
Types of organisation
Key functions and concepts
Law, regulations and compliance
PESTLE analysis
The business environment at different geo-political scales

Competitive and Economic Forces
The market economy and patterns of economic activity
The role of government, political and financial institutions
International economic institutions and organisations
Market forces, competition and competitive pressures
Price mechanism, supply and demand
The effects of organisations on their markets

Legal Forces and Responsibilities
The nature and sources of law and the legal profession
Court structures and the administration of justice; tribunals
How the law affects different types of organisation
Introduction to contract law
Introduction to agency

The Impact of Technology and Change
Technological change and development
E-business
Stakeholder theory
Organisational change
Corporate social responsibility
The impact of change on the ecological and social environments
Sustainable development

The Socio-Political Environment
The political contexts within which businesses and organisations operate
Key political institutions
The interplay between political values and business and how business can influence governments
Government regulation of business organisations
Demographic change and implications for workforce, pensions, sustainable communities and organisations

 
 
     
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