Understand the organizational purpose of business


Four task regarding-all in essay format

TASK 1: Understand the organizational purpose of business

TASK 2: Understand the nature of the national environment in witch businesses operates

TASK 3: Understand the behavior of organization in their market environment

TASK 4: Be able to assess the significance of the global factors that shape national business activities.

• The work you submit must be in your own words.If you use a quote or an illustration from somewhere you must give the source.

• Include a references list at the end of your document. You must give all your sources of information.

• Make sure your work is clearly presented and that you use correct grammar.

• Wherever possible use a word processor and its “spell-checker”.

This assessment consists of two parts; A written coursework assignment outlined below and an end of the term time-constrained examination.

All four tasks need to be completed independently and presented with Harvard style citation and referencing. Your coursework will be checked for plagiarism and therefore a TURNITIN report will be required.

End of Term Examination: A two-hour time-constrained exam (short answers questions based on the same assessment criteria as the coursework) on the four assessment areas.

INTRODUCTION AND BACKGROUND NOTES:

This written coursework assignment requires you to select and research the nature and operations of a UK business organisation (either listed or public sector) in order to apply the theories and concepts while carrying out the tasks given below. You may also choose the organisation in which you are currently employed (subject to approval by the tutor) to carry out this coursework. A one page summary of the chosen organisation should be presented as an introduction.

You will be required to demonstrate that you have a good knowledge and understanding of organisational purpose and goals, nature of the national and market environment in which the organisation operates, and the external factors that affect the operation of the organisation.

WHAT YOU MUST DO:

You are required to fulfill the following four tasks in essay format. The questions in these tasks are all based on the case study Jamie Oliver and on your role as the Manager. Each answer must address the question, and provide an analysis supported by theory.
The following tasks are required to be carried out:

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.

Learning outcomes On successful completion of this unit a learner will:

Assessment criteria for pass The learner can:

1) 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

2) 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.

3) 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.

4) 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.

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Business Management: Understand the organizational purpose of business
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