Unit 1 Assignment 4 version 2

Topics: Economics, GCE Advanced Level, The Economist Pages: 3 (633 words) Published: June 8, 2015
Assignment title
Assignment 4 Economic Factors (4 of 5)

Assessor
Rahela Begum, Clive Beech, Prem Waatess

Date issued
18th May 2015
Final deadline
1st June 2015
Duration (approx)
5 hours

Qualification suite covered
BTEC Extended Diploma in Business Level 3
BTEC Subsidiary Diploma in Business Level 3
Units covered
Unit 1: The Business Environment
Learning aims covered
Learning aim 3: Know the impact of the economic environment on businesses

Scenario
Background: A-Z Consultancy

You have recently carried out research on two contrasting businesses based locally in London covering the purpose, ownership, organisational structure and strategic planning of each business.

You are now required to produce a report explaining how economic factors affect your chosen organisation

Task 1

Task 2
In report format:

Research one business or organisation of your choice and examine how the economic environment has affected its activities. You will need to find financial information relating to the organisation’s sales turnover, growth, profit etc. as well as UK GDP figures over the relevant period

a) Describe the Business Life Cycle and the characteristics of each stage i.e. Boom, Recession, Depression and Recovery

b) Explain and analyse how two different economic periods both in UK and abroad affected your selected business?

Compare the challenges to selected business activities within a selected organisation, in two different economic environments Evidence you must produce for this task
One report

Criteria covered by this task:
To achieve the criteria you must show that you are able to:

Unit
Criterion reference
Describe the influence of two contrasting economic environments on business activities within a selected organisation

1
1A.P5
Compare the challenges to selected business activities within a selected organisation, in two different economic environments

1...
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