Week 1: Module 1 Part 2

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Week 1: Module 1 Part 2: : Overview of Business History, Environment & Trends

This module provides an overview of ‘what is a business’, business types and environment, business value creation, business trends and management, &c.

LEARNING OBJECTIVES

a. Define what is a business and the major internal operations in it
b. Describe different types of business environments and their impact on businesses
c. Ability to understand and define value propositions for products and services
d. Review emerging trends and their impact on self and different businesses

The topics are arranged as follows

a. Business environments – 00:16 | Environments that businesses operate in, Business laws, Impact of government, Assessing emerging technology
b. Business value creation – 23:50 | Building value for customer, Porter’s Value Chain framework, Creating superior value chain
c. Business management – 31:30 | Who is a business manager, Planning your business, Analyzing businesses, Overseeing employees
d. Business trends – 32:49 | Emerging trends and ideas to deal with challenges emerging from them, Business skills of future
e. Reflection point – 40:34|Identifying new trends around you and understanding their business impact
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