Unit 301 - outcome 1

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Which two factors does the purpose of an organisation depend on?

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Which three things help organisations plan where they aim to be long-term, set out their purpose and define their outcomes?

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Aims and objectives help organisations by making their ( purpose, staff structure, financial plan ) clear.

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An organisation's mission statement defines the purpose of the organisation and, in turn, what it does and who it serves. True or false?

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An organisation's vision is its long-term plan; where it intends to be in a certain amount of time.

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Which four of these are visions and which three are mission statements?

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An organisation's values represent what it stands for.

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Aims and objectives aren't important - they don't talk about organisations' purposes or what they want to achieve. True or false?

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What are aims also known as?

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Objectives should be specific statements that define ( measurable outcomes, organisations' plans, organisations' purposes )

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Market forces, changes in policies/regulations, supply chains and international and global markets could all affect an organisation. True or false?

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Inflation, the labour market, financial market and global market are all covered by the wider economy. True or false?

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What is inflation?

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How does inflation affect an organisation? Pick the correct option

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The labour market is part of the wider economy. If there are changes to this market, what could the negative effects be for an organisation?

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How does the financial market impact on organisations? What does it affect? Pick any/all that apply.

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The international and global market can impact on organisations at any time. One way it could impact is through climate issues, e.g. if a hurricane destroyed crops crucial to an organisation's trade or made it impossible to transport these crops.

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A PESTLE analysis looks at these six factors:
- ( Political, Personal, Private )
- ( Equal, Economic, Expensive )
- ( Sudden, Strategic, Social )
- ( Technological, Time-consuming, Transparent )
- ( Legal, Limiting, Lengthy )
- ( Extensive, Environmental/Ethical, Energising )

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Legislatory changes or tax increases/decreases are knock-on effects of the political environment

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A PESTLE analysis is used by organisations to track the enviroment they operate in.

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Do PESTLE analyses help organisations to look at what influences the way they operate?

Quiz on Unit 301 - outcome 1, created by Sophie Hayes on 18/09/2019.

Unit 301 - outcome 1

Which two factors does the purpose of an organisation depend on?

Which three things help organisations plan where they aim to be long-term, set out their purpose and define their outcomes?

Aims and objectives help organisations by making their purpose staff structure financial plan( purpose, staff structure, financial plan ) clear.

An organisation's mission statement defines the purpose of the organisation and, in turn, what it does and who it serves. True or false?

An organisation's vision is its long-term plan; where it intends to be in a certain amount of time.

Which four of these are visions and which three are mission statements?

An organisation's values represent what it stands for.

Aims and objectives aren't important - they don't talk about organisations' purposes or what they want to achieve. True or false?

What are aims also known as?

Objectives should be specific statements that define measurable outcomes organisations' plans organisations' purposes( measurable outcomes, organisations' plans, organisations' purposes )

Market forces, changes in policies/regulations, supply chains and international and global markets could all affect an organisation. True or false?

Inflation, the labour market, financial market and global market are all covered by the wider economy. True or false?

What is inflation?

How does inflation affect an organisation? Pick the correct option

The labour market is part of the wider economy. If there are changes to this market, what could the negative effects be for an organisation?

How does the financial market impact on organisations? What does it affect? Pick any/all that apply.

The international and global market can impact on organisations at any time. One way it could impact is through climate issues, e.g. if a hurricane destroyed crops crucial to an organisation's trade or made it impossible to transport these crops.

Legislatory changes or tax increases/decreases are knock-on effects of the political environment

A PESTLE analysis is used by organisations to track the enviroment they operate in.

Aims and objectives help organisations by making their ( purpose, staff structure, financial plan ) clear.

Objectives should be specific statements that define ( measurable outcomes, organisations' plans, organisations' purposes )