ATARMAxxing · HSC Year 11 Business Studies revision notes

Influences in the business environment

Nature of business · Nature of business
NOB · Nature of business

What this note covers

  1. External influences: economic, financial, geographic, social and legal
  2. External influences: political, institutional, technological, competitive situation and markets
  3. Internal influences: products, location, resources, management and business culture
  4. Stakeholders: differing expectations and how a business responds

4 sections · 9 key terms & formulas · 5 common mistakes

Common questions

What does the HSC Year 11 Business Studies note "Influences in the business environment" cover?

This note has 4 sections on Influences in the business environment. It includes 9 key terms and formulas, plus 5 common mistakes. It covers NOB, Nature of business. The full section list is shown under “What this note covers”.

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HSC Year 11 Business Studies · revision note 3 of 12