Business Context Mind-map
Business context is how someone can manage technology in business and how an individual must consider various aspects of technology to allow the business to thrive. You also need to consider other things that the business will need that will involve technology and how you are able to make decisions to pursue it. The context of it also makes you understand how a business uses technology and allows us to know how to make the correct decisions that won't harm the business. This could be something like managing risk which allows you to fully assess the risks that may come from doing a technology-based project for a business.
Swot – stands for strengths, weaknesses, opportunities, threat. By analyzing this, a business can better understand its market and where it is under threat and needs improving.
Pestel – stands for political, economic, social, technological, environmental and legals. This is an analysis that helps the business understand the boarder environment in which they operate and allows them to better understand new opportunities to help them grow and to also overcome challenges and threats.
Csr – stands for corporate social responsibility. This is how a business operates and how they operate ethically, act positively to society, and consider its overall impact on social, environmental and economic factors.
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