What is a voluntary organisation
Non profit group run by volunteers for a social purpose
What is a social enterprise
A business that aims to make money while solving social problems
Stakeholder owner interests
Profit, growth and control of business
Stakeholder shareholders intereast
A return on investment through divends and a rising share price
Stakeholders customer interest
Good quality product/services and good price
Stakeholder interess on the bank
The ability to repay loans and Interest on time
External Factors political
How government policy and law affect a business e.g national minimum wage
EF Economic
Changes in unpemployment, inflation or intereast rates.
EF social
How changes is society effect trends and demand
EF Technological
How new technology impacts production, the worldwide increase of retailing online.
EF environmental
How environmental laws and issue effect business operations
EF competitive
How competitors actions effect a business
IF financial
the avaliability or lack of finance
IF human resources
the employees and managers within the business
IF Current technology
thr technology being used at present
IF technological factors
The use of up to date equipment or software
what are stake holders
a group of people who have an interest and influence in a business organisation
what is an internal factor
factors within a business that impact on how it operates
what is an external factor
factors outside the control of a business that impact on how it operates