Unit 1 Business Environment
Assessment Activity Front Sheet This front sheet must be completed by the learner (where appropriate) and included with the work submitted for assessment. Learner Name Date Issued Hand in Date Assessor Name Submitted on
Qualification Level 4 Edexcel BTEC Higher National in Business (QCF) Unit 1 Business Environment – 15 credits Assignment 1 will give learners the opportunity to achieve: Learning Outcome 1 – understand the organisational purposes of businesses Learning Outcome 2 – understand the nature of the national environment in which businesses operate Learning Outcome 3 – understand the behaviour of organisations in their market environment Learning Outcome 4 – be able to assess the significance of the global factors that shape national business activities Criteria To achieve the criteria the evidence must reference show that the learner is able to: 1 a) Identify the purposes of different types of organisation b) Describe the extent to which an organisation meets the objectives of different stakeholders c) explain the responsibilities of an organisation and strategies employed to meet them 2 a) explain how economic systems attempt to allocate resources effectively b) assess the impact of fiscal and monetary policy on business organisations and their activities c) evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation 3 a) explain how market structures determine the pricing and output decisions of businesses Task No Page numbers
Unit 1 Business Environment b) illustrate the way in which market forces shape organisational responses using a range of examples c) judge how the business and cultural environments shape the behaviour of a selected organisation 4 a) discuss the significance of international trade to UK business organisations b) analyse the impact of global factors on UK business organisations c) evaluate the impact of policies of the European Union on UK business organisations
Learner’s Declaration I certify that the work submitted for this assignment is my own Learner signature: Date:
Unit 1 Business Environment Level 4 Edexcel BTEC Higher National in Business (QCF) Unit 1: Business Environment Assignment 1 – Business Environment Purpose The purpose of this assignment is to provide a framework within which the learner can: • understand the organisational purposes of businesses • understand the nature of the national environment in which businesses operate • understand the behaviour of organisations in their market environment • assess the significance of the global factors that shape national business activities Scenario You work in the training section of a large financial institution. As part of your job role your function is to assist your line manager and help develop training materials for both new and existing staff. You have been asked to help produce material for training sessions on the influences on the environment in which organisations operate.
Task 1 – Organisational purposes You will need to prepare a 10-15 minute presentation which illustrates the organisational purposes of businesses. Select two different organisations – this could be your own organisation plus one other you are familiar with, or a case study provided by your tutor. In your presentation include copies of slides, presenter notes and handouts. Drawing on appropriate theory ensure you cover the following: a) identify the purposes of these different organisations b) identify three stakeholders and using examples, describe the extent to which an organisation meets the objectives of different stakeholders c) explain the responsibilities of an organisation and strategies employed to meet them This provides evidence for 1a, b, c
Unit 1 Business Environment Task 2 – Nature of the operating environment Your manager is very pleased with the material you have produced and has asked you to include some additional slides on the...
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