External Environment


A business does not exist in isolation and can be influenced by other factors outside of their control; this is typically referred to as their ‘external environment’. The external environment consists of competitors, the economic, social, monetary system and the political/legal system.

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    External Environment

     business does not exist in isolation and can be influenced by other factors outside of their control; this is typically referred to as their ‘external environment’. The external environment consists of competitors, the economic, social, monetary system and the political/legal system.


    The rights of procurement

    CPD 2This module introduces you to the main techniques that can achieve added value through procurement operations.

    Standard: £13.00 + VAT
    South Africa: R267.60 + VAT
    Australia: $31.22 + GST
    New Zealand: $28.26 + GST


    Legislation

    Legislation is the act of making laws by governing bodies in order to regulate, to authorise, to prescribe, to provide, to sanction, to grant, to declare or to restrict. Procurement need to be aware of the relevant legislation in place when procuring at global or local level.


    The external environment and its impact on procurement and supply

    CPD 2A business does not exist in isolation and can be influenced by other factors outside of their control; this is typically referred to as their ‘external environment’.

    Standard: £13.00 + VAT
    South Africa: R267.60 + VAT
    Australia: $31.22 + GST
    New Zealand: $28.26 + GST


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