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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Organisation Environment
Hi Mr Ken.I Listened Your Lecture(Chapter 3 Organisation environment)
Q1:You said in your lecture that ecological affects organisation by emitting pollution how can it affect organisation
Q2:The purpose of Porter’s five forces is to take competitive advantage and make a good profit than our competitor..Am I Saying right?
Q3:what is the purpose of porter’s value Chain?
Thank you.
1 Tjere are more and more laws, regulations and consumer concern about pollution and firms have to take account of that.
2 The purpose of the 5 Forces is to understand the influences on profitability and hence to respond where possible so that profits can be increased.
3 The value chain shows all the activities in an organisation. An organisation has to understand how these activities add value ie create profot.