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Social and technological change key terms
Study Social and technological change with curriculum-aligned Key Terms resources, practice links, and exam-focused support.
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key terms
Resource type
Topic
Social and technological change
Key terms
business change
business change is a Business concept used to analyse Analyse the impact of social and technological change on strategic and functional decision making.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Social responsibility and technology
Social responsibility and technology should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
analyse
analyse affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
impact
impact has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
social
social becomes evaluative when advantages, disadvantages, risk, opportunity cost and business context are weighed rather than listed separately.
business change
business change is a Business concept used to analyse Evaluate CSR, stakeholder versus shareholder concepts, Carroll's CSR pyramid and pressures for socially responsible behaviour.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.
Social responsibility and technology
Social responsibility and technology should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.
CSR
CSR affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.
Carroll
Carroll has a financial impact when it changes costs, revenue, profit, cash flow, investment return, break-even output or ratio interpretation.
business change decision
business change decision becomes evaluative when advantages, disadvantages, risk, opportunity cost and business context are weighed rather than listed separately.
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