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Social factor

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA BT – FIA FBT › Social factor

  • This topic has 5 replies, 2 voices, and was last updated 3 years ago by Ken Garrett.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • July 2, 2021 at 1:41 pm #626843
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    Increased percentage of teenagers in UK are going to university.
    One of the example of firm which would be affected is mention below.

    Any firm which typically takes staff straight after they leave school.
    It is threat as there will be fewer suitable candidates available. The number of graduate applicants for jobs may rise, but they may expect higher starting salaries.

    What is trying to say about salaries here? Please explain sir.

    July 3, 2021 at 10:02 am #626890
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    PESTEL looks a macro-factors that might affect a business.

    If a business has traditionally employed young school leavers (probably low wages), but more and more young people go to university there will be greater competition for the fewer school leavers looking for a job. Therefore, more difficulty recruiting.

    What qualification are you doing? You had been posting queries on the FIA forums but this one is on an ACCA forum.

    July 3, 2021 at 10:55 am #626892
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    I want to do ACCA and for that I had to give FIA papers first.
    Thank you sir.

    July 3, 2021 at 4:30 pm #626920
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    And you have passed FIA?

    July 4, 2021 at 4:52 am #626931
    maximus07
    Participant
    • Topics: 446
    • Replies: 437
    • ☆☆☆☆

    No sir. Last paper remaining.

    July 4, 2021 at 6:19 am #626933
    Ken Garrett
    Keymaster
    • Topics: 10
    • Replies: 10594
    • ☆☆☆☆☆

    OK. Good luck with it.

  • Author
    Posts
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