ACCA
BUSINESS AND TECHNOLOGY
BT F1
RUSHIT UDANI - 74021018622
2021-2022
, Business Organisation and Stakeholders 1
Table of Contents
Syllabus area A: The business organisation, it’s stakeholders and external environment ....3
Business Organisation and Stakeholders ...........................................................................................4
External Environment and Factors affecting Business ................................................................ 13
Syllabus area B: Business organisation structure, functions & governance ............................ 60
Organisational Structures & Design in Business .......................................................................... 61
Organisation culture and committees in business organisation ............................................ 81
Role of Governance and CSR in Business........................................................................................ 90
Syllabus area C: Accounting and reporting systems, technology, compliance & controls 96
Importance Accounting & Finance in Business ............................................................................ 97
Application of technology & IT at workplace ..............................................................................104
Legal Aspects, Compliance and Fraud in Business ....................................................................111
Syllabus area D: Leading and managing individuals and teams ...............................................150
Leadership, Management & Behaviour at Workplace..............................................................151
Team Work, Behaviour & Motivation at Workplace .................................................................178
Training & Appraisal at Workplace .................................................................................................196
Syllabus area E: Personal effectiveness and communication in business ..............................211
Personal Effectiveness & Communication ....................................................................................212
Syllabus area F: Professional ethics in accounting and business ..............................................229
Professional ethics in accounting and business .........................................................................230
, Business Organisation and Stakeholders 2
Foreword
‘By the ACCA, for the ACCA’
These notes are designed with a simple mission, to fill the gap for Indian students who don’t find
comfort in studying from notes that are framed in a complex manner. Our first priority at Zell is, to
improve the results our students achieve by virtue of providing all that they need, be it quality
education, state of the art infrastructure and techniques or the next step, the content that perfectly
fits in making the trifecta or the winning formula.
Here at Zell, we don’t worry about the background, prior knowledge or preferences someone has. The
aim is simple, by the time a student is done with a paper, they are on the same page as anyone else
and that for us, should be enough knowledge to be able to truly call them a professional.
Keeping all this in mind, we bring to you these notes, created by us, for you, to truly help make the
difference and turn your journey of ACCA an even better one. This is just the beginning, there is more
in store.
The Zellions:
Curated by: Rushit Udani
Mentored by: Bhavik Rughani
Designed by: Rushil Shah
Thank you!
, Business Organisation and Stakeholders 3
Syllabus area A:
The business organisation, it’s stakeholders and external
environment
BUSINESS AND TECHNOLOGY
BT F1
RUSHIT UDANI - 74021018622
2021-2022
, Business Organisation and Stakeholders 1
Table of Contents
Syllabus area A: The business organisation, it’s stakeholders and external environment ....3
Business Organisation and Stakeholders ...........................................................................................4
External Environment and Factors affecting Business ................................................................ 13
Syllabus area B: Business organisation structure, functions & governance ............................ 60
Organisational Structures & Design in Business .......................................................................... 61
Organisation culture and committees in business organisation ............................................ 81
Role of Governance and CSR in Business........................................................................................ 90
Syllabus area C: Accounting and reporting systems, technology, compliance & controls 96
Importance Accounting & Finance in Business ............................................................................ 97
Application of technology & IT at workplace ..............................................................................104
Legal Aspects, Compliance and Fraud in Business ....................................................................111
Syllabus area D: Leading and managing individuals and teams ...............................................150
Leadership, Management & Behaviour at Workplace..............................................................151
Team Work, Behaviour & Motivation at Workplace .................................................................178
Training & Appraisal at Workplace .................................................................................................196
Syllabus area E: Personal effectiveness and communication in business ..............................211
Personal Effectiveness & Communication ....................................................................................212
Syllabus area F: Professional ethics in accounting and business ..............................................229
Professional ethics in accounting and business .........................................................................230
, Business Organisation and Stakeholders 2
Foreword
‘By the ACCA, for the ACCA’
These notes are designed with a simple mission, to fill the gap for Indian students who don’t find
comfort in studying from notes that are framed in a complex manner. Our first priority at Zell is, to
improve the results our students achieve by virtue of providing all that they need, be it quality
education, state of the art infrastructure and techniques or the next step, the content that perfectly
fits in making the trifecta or the winning formula.
Here at Zell, we don’t worry about the background, prior knowledge or preferences someone has. The
aim is simple, by the time a student is done with a paper, they are on the same page as anyone else
and that for us, should be enough knowledge to be able to truly call them a professional.
Keeping all this in mind, we bring to you these notes, created by us, for you, to truly help make the
difference and turn your journey of ACCA an even better one. This is just the beginning, there is more
in store.
The Zellions:
Curated by: Rushit Udani
Mentored by: Bhavik Rughani
Designed by: Rushil Shah
Thank you!
, Business Organisation and Stakeholders 3
Syllabus area A:
The business organisation, it’s stakeholders and external
environment
