Task 1:
(i) Identify the purposes of different types of organisations and compare the missions, goals and the strategic objectives of your chosen organisation with a similar organisation.
(ii) Describe the extent to which your organisation meets the objectives of its different stakeholders. Explain the responsibilities of your organisation and the strategies it uses to meet the needs of these different stakeholders.
Task 2:
(i) Explain the nature of UK economic system and how it affects your organisation.
(ii) Assess the impact of fiscal and monetary policy on businesses and activities such as your chosen organisation.
(iii) Evaluate the impact of competition policy and other regulatory mechanisms in the UK on the activities of your organisation.
Task 3:
(i) Using your chosen company as an example, explain how market structure determines the pricing and production decisions.
(ii) Using a range of examples, analyse how market forces influence the organisational response and examine how your organisation would respond.
(iii) Discuss the business and cultural environment of your selected organisation and assess to what extent it shapes the behaviour of the organisation.
Task 4:
(i) Discuss the significance of international trade on UK business organisations and use examples from your chosen organisation.
(ii) Analyse the impact of global factors on UK business organisations and use examples from your chosen organisation.
(iii) Assess the role and impact of the European Union policies on the UK business organisations and use examples from your chosen organisation.
Understand the organisational purposes of business:
1.1 identify the purposes of different types of organisations.
1.2 describe the extent to which an organisation meets t objectives of different stakeholders
1.3 explain the responsibilities of an organisation and strategies employed to meet them
Notes: An effective approach to study and research has been applied using appropriate examples from your chosen organisation and relevant theories relating the role of strategy, strategic planning and techniques
Conclusions have been arrived at through synthesis of ideas and have been justified through practical examples from your chosen organisation while explaining the strategic importance of stakeholder expectations in a public sector organisation with a large listed company
Understand the nature of the national environment in which businesses operate
2.1 explain how economic systems attempt to allocate resources
2.2 assess the impact of fiscal and monetary policy on business organisations and their activities
2.3 evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
Notes:
A) The ability to apply relevant theories and techniques of comparing the UK economic system with another country of choice. The student supported the report using a range of sources of information that has been used.
B) Autonomy/independence has been demonstrated when choosing relevant theories on the types and purposes of different types of organisations.
C) Activities have been managed taking into account, class attendance research and submission dates various sources of information using proper
Referencing.
Understand the behaviour of organisations in their market environment:
3.1 explain how market structures determine the pricing and output decisions of businesses
3.2 illustrate the way in which market forces shape organisational responses using a range of examples
3.3 judge how the business and cultural environments shape the behaviour of a selected organisation.
Notes:
a) In the report, an appropriate analysis of how supply and demand affects price in monopolistic a market has been selected.
- A coherent, logical mechanism for analysing supply and demand has been initiated
- A coherent, logical mechanism for analysing internal factors and national policies that influence export from UK has been initiated
b) Alternative evaluation has been taken place when evaluating the impact of globalisation on shaping the business activities of the chosen organisation’s future strategy
c) Appropriate evaluation of resource requirement to implement the new strategy
Be able to assess the significance of the global factors that shape national business activities:
4.1 discuss the significance of international trade to UK business organisations
4.2 analyse the impact of global forces on UK business organisations
4.3 evaluate the impact of policies of the European Union on UK business organisations.