Business organisations: the external environment. Employability skills valued by employers. Business organisations: the internal environment. Formative essay. The political environment. The macroeconomic environment. The international cultural, demographic and social environment. The resource context: people, technology and natural resources. The legal environment. Analysing the strategic environment. Size structure of firms. Government, public sector and not-for-profit strategies. Globalisation, challenges and changes. The global context of business. Stakeholders, governance and ethics.