Business Activity

Topics: Corporation, Purpose, Real estate Pages: 5 (922 words) Published: February 21, 2011
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 Assessor Name
Date IssuedCompletion DateSubmitted on

Qualification: BTEC First in Business
Unit 1: Exploring Business Purposes

Assessment Title – Exploring Business Purposes

Criteria referenceTo achieve the criteria the evidence must show that the student is able to: Task no.
Page numbers
P1Describe four different types of business organisations in terms of purpose, ownership, size and scale1 P2Describe the primary, secondary and tertiary classifications of business activities using local and national examples 2 P3Describe the purpose of setting aims and objectives for businesses3 P4Describe the functional areas and their main purposes 4 M1Compare and contrast the ownership, aims and objectives of two selected businesses 5 M2Explain areas of growth or decline in the primary, secondary and tertiary classifications of business activities 6 M3Explain the interaction of functional areas and how they relate to each other in two selected businesses7 D1Evaluate how the functional areas contribute to the aims and objectives of two selected businesses 8

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Unit 1 – Exploring Business Purposes

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Assignment – Exploring Business Purposes

The purpose of this assignment is to provide a framework in which the learner can: •Understand the nature of business and ownership
Understand the classification of business activities
Understand business aims and objectives in different sectors •Know the main functional areas that support business organisations

Scenario: You work for the Department of Trade and Industry who would like you to investigate the current state of UK businesses. You will need to feed back to them with the following information.

Task 1

You will need to look at four business organisations and be able to describe their purposes, size, ownership and scale.

The four businesses need to be from the following categories:
Sole trader
Partnership (Green Fingers)
Private limited or public limited company (Sainsbury’s)
Voluntary organisation, charity, franchise or co-operative

1.For each business clearly describe what each business does. 2.For each business clearly describe the type of ownership and the main advantages and disadvantages of each type of ownership. 3.For each business explain the scale of operation. Is this a local, national or international business? How many employees does it have and where is it based? This provides evidence for P1

Task 2

You will need to show an understanding of the three classifications of business activities giving local, regional and national examples

1.Describe what is meant by primary, secondary and tertiary classifications of business activities

2.Provide local and national examples of each one of these in a table.

This provides evidence for P2

Task 3

You will need to describe the purpose of setting aims and objectives for businesses

1.What is the difference between an aim and an objective – why is it important for businesses to have these?

2.For each of the four businesses that you have looked at describe what their aims and objectives are.

This provides evidence for P3

Task 4

You will need to investigate four functional areas of two of the businesses that you have written about.

1.Explain what the links are between each functional area and other functional areas in the business.

2.Why is each functional area important in helping the business to run smoothly?

This provides evidence for P4
Task 5

You will need to compare and contrast the...
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