Business Environment

Topics: European Union, Business, World Trade Organization, Economics, Organization / Pages: 9 (2176 words) / Published: May 17th, 2013
Division of Business | Course: HNC/HND BUSINESS MANAGEMENT LEVEL 4 | Year: 2013 | Student Name: | Unit 1: Business Environment | Lecturer: | Date Issued: | Completion Date: | Fail Pass Merit Distinction P1 | P2 | P3 | P4 | P5 | P6 | P7 | P8 | P9 | P10 | P11 | P12 | P13 | P14 | P15 | P16 | M1 | M2 | M3 | D1 | D2 | D3 | | Learning Outcomes:On successful completion of this unit a learner will:1. Understand the organizational purposes of businesses2. Understand the nature of the national environment in which businesses operate3. Understand the behaviour of organizations in their market environment4. Be able to assess the significance of the global factors that shape national business activities.Comments: | Assessor’s Signature: ____________ | Referred Date:________________ | Late: Yes No | Internal Verification: Yes No |
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Unit content

1 Understand the organizational purposes of businesses

Categories of organisation: legal structure; type e.g. private company, public company, government, voluntary organisation, co-operative, charitable; sector (primary, secondary tertiary)

Purposes: mission; vision; aims; objectives; goals; values; profits; market share; growth; return on capital employed (ROCE); sales; service level; customer satisfaction; corporate responsibility; ethical issues

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