Business organisation and environment

Table of Contents

1. Topic pack - introduction
2. 1.1 Nature of business activity - notes
3. 1.1 Nature of business activity - questions
4. 1.2 Types of organisation - notes
5. 1.2 Types of organisation - questions
6. 1.3 Organisational objectives - notes
7. 1.3 Organisational objectives - questions
8. 1.4 Stakeholders - notes
9. 1.4 Stakeholders - questions
10. 1.5 External environment - notes
11. 1.5 External environment - questions
12. 1.5 External environment - simulations and activities
13. 1.6 Organisational planning tools - notes
    1. Organisational planning tools
    2. Business plan
    3. Decision-making processes - introduction
    4. Decision-making processes
    5. Decision-making - fishbone diagram
    6. Decision trees
    7. Decision trees - worked example
    8. SWOT analysis
14. 1.6 Growth and evolution - notes
15. 1.7 Growth and evolution - questions
16. 1.7 Growth and evolution - simulations and activities
17. 1.6 Change (HL only) - notes
18. 1.9 Globalisation - notes
19. 1.9 Globalisation - questions
20. Print View

Organisational planning tools

Planning is a vital element of business activity and needs to be done over various timeframes. To help a business in their planning there are a number of tools available. Skilled craftsmen know that they need the correct tool for particular tasks. When faced with a complicated project, they will use a number of tools together. Business tools are very similar. Although it is possible to use individual tools at a tactical level, it is the combination of tools and the information provided by their use that is the basis of effective management.

Planning is at the core of business success. Strategic planning is concerned with the direction of the business and the setting of goals, targets and corporate objectives. The business plan sets how in detail how the business will achieve its corporate objectives.