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Concepts and understanding of B207 Block 1 Big Ideas in Organisations…
Concepts and understanding of B207 Block 1
Big Ideas in Organisations
Innovation
Big idea
Foster new ideas
Organisation
Social environment
Analysis
Benefits
Business success
Opportunity
Challenges
Business
Function
Compete
Adaptive
Creative
SME
Latest empoyer
Perspective
Holistic
Where change needed
Interconnected
Change
Customer perspective
Culture
Institutional support system
Procedures
Provide norm
Grow ideas
Investment
Time
Resources
Marketing
Innovation
Concep
Process
Rational
Mission
Statement
Tested
Vision
Value
Environment
External
Competition
Deferential
Growth
Strategy
Marketing
Research
The Offering
Which audience
Segmented
Targeting
Positioning
Operations/operations management
Management
Overseeing
Running of whole business
Of assets
Of any resources
Offering
Product
A thing
Service
Less tangible
Managing customer
Design and development
Processes
Finance
Traditional
Family/friends
Bank loans
Shares
Public market
Private equity
Managed
Retained earnings
Leasing
Fundraising
Grow innovation
Equity
Capital
Risks
Business cycle
Recession
Growth
Recovery
Alternative
Crowdfunding
Online
Convenient
Easy
Limited/no ownership
Economics
Challenges
Threats
Opportunity
Globalisation
Business
Context
Type of business
Who
Where
What
Microeconomics
Customer
Supply
Local
Macroeconomic
National
Global
Social
STEEPLE :
Social
Type of population
Opinion
Technological
Economic
Environmental
Political
Legal
Ethical