Solution Manual For Business in Context, 8th Edition by David NeedleJane Burns Chapter 1-14

BUSINESS IN CONTEXT, 8th EDITION – nm nm nm nm nm




TEACHING MANUAL CHAPTER ONE
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THE CONCEPT OF BUSINESS IN CONTEXT
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This chapter explains the ‘Business in Context’ model that is used
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throughout the book. All four contexts are identified; environmental,
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organizational, strategic and functional, referred to as ‘activities level’
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context. In addition, two theoretical framework outlines are offered;
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systems and contingency. Both frameworks have been used to develop
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the ‘Business in Context’ model.
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The model can be used to analyze individual firms and entire industrial or
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business sectors. A useful exercise for students is to nominate a particular
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sector, firm or organization known to them (it could be their college,
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university or their department) and get them to develop an analysis using
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the ‘Business in Context’ model.
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Discussion questions and answers nm nm nm




Below you will find suggested answers to the discussion questions set at the
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end of every chapter. It must be stressed that these answers offer guidance
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only and are not intended as ‘model’ answers. It is important that
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students think for themselves and many of the questions require them to
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apply the knowledge they have gained from the book to a specific context.
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nmWe recognize that such contexts may vary for different groups of students.
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It is more important that students think of the issues in the industry,
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business or even national context that is most relevant to them. In some
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cases, a specific answer cannot be given but, where this happens,
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For use with Needle/Burns, Business in Context 8th edition
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(9781473786707) nm


© 2023 Cengage Learning EMEA nm nm nm nm

,nm suggestions n m are offered for tackling the question.
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For use with Needle/Burns, Business in Context 8th edition
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(9781473786707) nm


© 2023 Cengage Learning EMEA
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,1. The five environmental variables, five organizational variables and
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five business activities have been identified in the model. By
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necessity, these represent broad categories. What are the possible
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elements that might be considered under the various headings
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used in our model of business?
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Environmental context nm




Economy
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(The natural environment and its impact on the economy could be
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considered here or under a separate heading, in addition to the five
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elements identified in the book. This could be a useful starting point
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to get students to think about the utility of the model.)
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 Level of activity nm nm


 Economic structure nm


 Economic change nm


 International finance and currency exchange nm nm nm nm



 Nature of labour markets nm nm nm



 Competitive structures nm


 Globalization
 Multinationals

The state
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 Political ideology nm


 Political change nm


 Government economic policy nm nm


 Legislation
 Level of intervention and types of intervention
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 Nature and role of bureaucracy nm nm nm nm


 Interest groups nm


 Supranational organizations and globalization nm nm nm




Technology
 Product and process technology nm nm nm


 Changing use of technology in organizations nm nm nm nm nm


 Information technology nm


 Digital and social media technologynm nm nm nm


 Scale and nature of technological change
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 Technology and the global economy nm nm nm nm


 E‐Commerce
 Impact on organization structure nm nm nm


 Impact on labour markets and jobs nm nm nm nm nm




Labour
 Behaviour of labour markets nm nm nm


 Composition of the labour force nm nm nm nm


For use with Needle/Burns, Business in Context 8th edition
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,  Changing nature of jobs and the labour force
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 Role of trade unions
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 Alternative forms of employee representation
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Culture and institutions
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 National differences nm


 Sub‐national and sub‐cultural differences nm nm nm



 Globalization, convergence and culture nm nm nm


 Business practices and management styles in different cultures
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 Impact of culture on business success
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 Transfer of ideas and practices across cultures
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 Non‐cultural bases of national differences, such as the
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nature of government, legislation, education system, financial
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systems, stock markets, etc.
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Organizational

context Goals
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 Types of goals nm nm


 Mission statements nm



 Goals and strategy, goals and operations
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 Goal conflict nm


 Goals and performancenm nm


 Business ethics nm




Ownership
 Ownership and control nm nm


 The notion of agency
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 Types of ownership nm nm


 Ownership and performance nm nm


 Public versus private ownership
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Structure
 Types of structure nm nm


 Influences on structure nm nm


 The link between strategy and structure
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 Structure and performance nm nm


 The flexible firm
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Size
 Issues related to large versus small firms
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 Size and structure
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 Size and business performance
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 The small firms sector and its role in the economy
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For use with Needle/Burns, Business in Context 8th edition
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(9781473786707) nm


© 2023 Cengage Learning EMEA nm nm nm nm