BUC006 Business in Context Assignment - University of Central Lancashire, UK
As the global context, is in a constant state of change the implications for vocations, organisations, industry sectors and therefore individuals can be quite significant.
Through application of your learning on the module, write a report of 1,500 words that identifies the key global issues that may influence a specific industry or vocation you would like to work in in the short to medium term (0-7 years).
Discuss the implications of these for you as an individual.
1. Focus on a specific industry/vocation. Example Industries could be Premier League Football, A luxury product such as jewellery, sports cars or designer clothing, Higher Education or Supermarkets/Retail, UK Manufacturing. A vocation could be teaching or retail manager.
2. It is advisable to use the PEST framework to form your analysis.
3. A strong PEST Analysis will consider Political, Economic, Social and Technological changes as interdependent entities.
4. A good paper will contextualise the changes for the individual. For example, global competitive drivers are likely to result in a requirement for individuals to approach education and learning as a lifelong process.