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Edexcel BTEC Levels 4 and 5 Higher Nationals specification in Business Contents
Unit 1: Unit 2: Unit 3: Unit 4: Unit 5: Unit 6: Unit 7: Unit 8: Unit 9: Unit 10: Unit 11: Unit 12: Unit 13: Unit 14: Unit 15: Unit 16: Unit 17: Unit 18: Unit 19: Unit 20: Unit 21: Unit 22: Unit 23: Business Environment Managing Financial Resources and Decisions Organisations and Behaviour Marketing Principles Aspects of Contract and Negligence for Business Business Decision Making Business Strategy Research Project Management Accounting: Costing and Budgeting Financial Accounting and Reporting Financial Systems and Auditing Taxation Personal and Professional Development Working with and Leading People Managing Business Activities to Achieve Results Managing Communications, Knowledge and Information Marketing Intelligence Advertising and Promotion in Business Marketing Planning Sales Planning and Operations Human Resource Management Managing Human Resources Human Resources Development 1 7 13 19 25 29 33 39 43 47 51 55 59 65 69 73 77 83 89 95 101 107 113

Unit 24: Unit 25: Unit 26: Unit 27: Unit 28: Unit 29: Unit 30: Unit 31: Unit 32: Unit 33: Unit 34: Unit 35: Unit 36: Unit 37: Unit 38: Unit 39: Unit 40: Unit 41: Unit 42: Unit 43: Unit 44: Unit 45: Unit 46: Unit 47: Unit 48: Unit 49:

Employee Relations English Legal System Business Law Further Aspects of Contract and Tort European Law The Internet and E-Business Internet Marketing E-Business Operations Quality Management in Business Small Business Enterprise Operations Management in Business European Business Employment Law Company Law Business Events Management Financial Investment Opportunites Business Work Experience Contemporary Issues in Marketing Management Project Management for Business Administrative Services Business Psychology Business Ethics Corporate Environmental and Social Management Employability Skills Project Design Implementation and Evaluation Work-based Experience

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UNIT 1: BUSINESS ENVIRONMENT

Unit 1:
Unit code: QCF level: Credit value:

Business Environment
Y/601/0546 4 15 credits



Aim

The aim of this unit is to provide learners with an understanding of different organisations, the influence of stakeholders and the relationship between businesses and the local, national and global environments.



Unit abstract

Organisations have a variety of purposes that depend on why they were established. Some operate for profit, whilst others do not. Organisations structure themselves and operate in ways that allow their objectives to be met. Every organisation has a range of stakeholders whose interests need to be satisfied, but stakeholders have competing interests that may be hard to reconcile. Businesses operate in an environment shaped by the government, competitors, consumers, suppliers, and international factors. Learners will understand that some influences on the business environment are direct and clear, for example taxation policies on corporate activities. Other influences are less clear, perhaps coming from the international arena and sometimes with only an oblique impact on the national business environment. It is within this business environment that organisations function and have to determine strategies and a modus operandi that allow them to meet their organisational purposes in ways that comply with the relevant legal and regulatory frameworks. In addition, business markets take various forms and the structure of a market enables an understanding of how organisations behave. In this unit learners will consider how different market structures shape the pricing and output decisions of businesses, as well as other aspects of their behaviour.


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Learning outcomes
Understand the organisational purposes of businesses Understand the nature of the national environment in which businesses operate Understand the behaviour...
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