Corporate Objective Functional Objective SMART Flexible Working Political and Legal Factors Economic Factors Social Factors Environmental Factors Tactical decisions Technological Factors Corporate Culture Financial Resources ACAS Industrial Action Work Council Flexible Working Outsourcing Peripheral Workers Decentralisation Workforce Plan Minimising Labour Costs Hard HRM Strategy Maintaining Employee Relations Soft HRM Strategy Centralised Decision Making Matrix Structure Functional Structure Accountability Organisation chart Training Labour market Legislation Appraisal Consultation Human Resource Management Royal Mail Lean Production Kaizen Just in Time Critical Path Analysis Float Time Node Offshoring External Economies of Scale Technical Diseconomies Reducing Unit Costs Capital Intensive Production LFT Network Analysis EST Average Rate of Return Payback Period Assisted Area Industrial Inertia Trade Barrier Multi- site Location Qualitative Factors Research and Development Innovation Specialisation Economies Moving Average Extrapolation Marketing Budget Marketing Plan Companies Financial Situation Porters Five Forces Ansoff Matrix Correlation Marketing Tactic Differentiation To increase market share Quantitative Analysis Sales Forecasting Test Marketing Trend Marketing Plan Seasonal Variations Centring Causal link Negative Correlation Hunch Market Analysis Market Research Cost Leadership Bank Loan Operating Profit Current Ratio Gearing Shareholders Ratio Liquidity Ratio ROCE Profitability Ratio Working Capital Depreciation Balance Sheet Intangible asset Net Present Value Payback Period Average Rate of Return Investment Appraisal Profit Centre Bank Overdraft Non-Current Liabilities Acid Test Ratio Dividend yield Asset Turnover Low Capital Gearing Benchmarking
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