ABSTRACT
The main features of the business environment within which organizations operate The nature of corporate strategy and the key elements within the strategy process The application of analytical management techniques, such as PESTLE and SWOT
analyses The economic setting for organizational activity, including the operation of the market
and the role of the state in the economy Global markets and their implications for management The interplay between the economic and political systems, including the European
dimension The social structure of the UK and the impact of social change The legal framework, including the nature and impact of both UK and EU law Technological change and its implications for management The concepts of business ethics and corporate social responsibility.
