BTEC Extended Diploma in Business (QCF)
2014 - 2016
1 – The Business Environment (10 Credits)
ASSIGNMENT 1 – Two Businesses on our Doorstep
Know the range of different businesses and their ownership 2.
Understand how businesses are organised to achieve their purposes
You work as a junior journalist for the local newspaper which is planning to run a feature article on local businesses
Learners must describe (P1) the type of business, purpose and ownership of two contrasting businesses 2.
Learners must describe (P2), explain (M1) the different stakeholders who influence the purpose of two contrasting businesses 3.
Learners must describe (P3) how two businesses are organised 4.
Learners must explain (P4) how their style of organisation helps them to fulfil their purpose 5.
Learners evaluate (D1) the influence different stakeholders exert in one organisation
TIP – Include the following:
Range of different businesses
Local, National, International, Global, Public, Private
Not for profit/voluntary
Sectors of business activity (primary, secondary, tertiary)
Supply of products or services,
Difference between profit and not-for profit organisations
Public, private & voluntary sectors
Types of ownership (sole trader, partnerships, private and public limited companies, government agencies, worker cooperatives, charitable trusts) Main implications of different types of ownership on businesses (extent of liability, limitations to operation for public and charitable organisations) Key stakeholders
Customers, Employees, Suppliers, Owners, Trade unions, Employer associations
Local and national communities, Governments, Influence on stakeholders on organisations
Purpose (division of work, lines of control and communication)
Types of structure (functional, geographic, product, type of customer)
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