https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8 - NZDB504E-21EX-M07-ZX en-us 2021-08-05 11:56:03 UTC 2025-10-03 01:14:45 UTC hello@padlet.com rfmstudy https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669939240 A change in government could be considered a positive or negative political opportunity. A newly elected government could change existing policies or legislation but, they could also implement new policies that could affect a business. Depending on the stability of the economy is whether it is an opportunity or threat to a business. ]]> 2021-08-05 12:01:44 UTC https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669939240 rfmstudy https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669943002 The area surrounding a business can offer opportunities if there has been an inflation in the economy which has increased income, sales and decreased unemployment as there will be more demand for products and services and labour.]]> 2021-08-05 12:09:18 UTC https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669943002 rfmstudy https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669944023 Upskilling staff within a business is an internal opportunity that benefits both the business and employees. Performance from employees increases which, in turn increases efficiency and effectiveness. The benefit to staff is a variety in their job position, the feeling of value from their employer, and engagement. ]]> 2021-08-05 12:11:24 UTC https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669944023 rfmstudy https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669944133 Processes are a key part of running any business. Without processes efficiency and effectiveness will not exist and productivity suffers. There are times where other opportunities will require processes to be adapted. One example is the implementation of new equipment or technologies. A new technology may reduce the need for inputs in one area and which can be redirected to another.]]> 2021-08-05 12:11:38 UTC https://padlet.com/rfmstudy/6ns1m6cf2x1uh0j8/wish/1669944133