Assignment Brief
As part of the formal assessment for the programme you are required to submit an Understanding the Business Environment assignment. Please refer to your Student Handbook for full details of the program assessment scheme and general information on preparing and submitting assignments.
Learning Outcomes:
1. Distinguish between organisational types.
2. Identify their key stakeholders and evaluate their needs and influence.
3. Explain the nature of the national environment in which an organisation operates and its impact on selected businesses, including economic, political and legal factors.
4. Examine the behaviour of selected organisations in their national and international market environments.
5. Identify, select and use a range of economic tools to determine appropriate business decisions under different economic, political and legal constraints.
Your assignment should include: a title page containing your student number, the module name, the submission deadline and a word count; the appendices if relevant; and a reference list in Arden University (AU) Harvard format. You should address all the elements of the assignment Part listed below. Please note that tutors will use the assessment criteria set out below in assessing your work.
Assignment Task:
Please note the following instructions:
You may select any organisation upon which to base your answers including the case study, but you are strongly recommended to select an organisation that you have worked for or one you feel you can research easily using the Internet and academic search engines. The latter approach is acceptable where you do not work for an organisation. It is also acceptable to base your answer on a case study.
With reference to the information in the case study, Sainsbury's plc Annual Report 2019 answers the following questions:
Introduction
a) Using an example from an organisation that you have either worked for or researched including the case study outline its legal form, purpose, corporate history, vision, mission and objectives.
b) In terms of the national and international market environments in which the organisation operates carry out an assessment of the external environment in terms of the political, economic, social, technological, legal, environmental factors that affect the organisation in its international market making use of your own research or the case study to highlight the specific national/international marketplace in which the organisation operates.
Part One:
Using a suitable academic model assess the competitive structure of the market in which the organisation operates. What are the competitive forces at work and how attractive is the industry in which the organisation operates.
Part Two:
Identify the main stakeholders of the organisation using an appropriate model after having explained stakeholder theory. Use a Power/Interest matrix to assess the importance of these stakeholders. Evaluate the potential conflicts and suggest how these might be resolved.
Part Three:
a) Taking a country of your choice, explain the national economic system under which the country operates.
b) Analyze the advantages and disadvantages of such a system and provide appropriate examples. Ensure you identify and discuss how the pursuit of at least one macroeconomic objective by the Government impacts a chosen organisation.
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Attachment:- Business Environment.rar