Unit 1 Business and Business Environment - IKEA - Level 5

Unit 1 Business and Business Environment - IKEA - Level 5 (Diploma in Business)

Part 1

1.1 Presentation

1.2 Explain the relationship between the different organisational functions and how they are link to the organisational objectives and structure

Task 2

Short essay

2.1 Identify some positive and negative impacts of the macro environment on the business operations.

2.2 Conduct an internal and external analysis to identify its core strengths and weaknesses.

2.3 Explain how these strengths and weaknesses are linked to the external macro factors.

2.4 Apply some analysis models to develop an in-depth understanding of the impact of the macro environment as well as to justify how this affects organization's decision-making processes.

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