Impact of Ethical Issues on Business

ASPECT OF ETHICAL PHILOSOPHIES AND
THE IMPACT OF ETHICAL ISSUES ON
BUSINESS
An Assignment Report
DECEMBER 23, 2018
FPT GREENWICH
Student: Huynh Hoang Kim

1 | P a g e
ASSIGNMENT FRONT SHEET <No.2>
Qualification BTEC Level 4 HND Diploma in Business
Unit number and title 485_Business and the Business Environment
Assignment due 23/12/2018 Assignment submitted 23/12/2018
Learner’s name Huynh Hoang Kim Learner’s code GBD18509
Class GBD0821 Assessor name Phan Tran Phuong Trang
Learner declaration:
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
Learner signature Date
Grading grid
P4 P5 P6 M3 M4 D2

2 | P a g e
Assignment title Aspect of ethical philosophies and the impact of ethical issues on business
In this assignment, you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.
Assessment criteria Expected evidence Task
no.
Achieved (Stick to
mark as achieve)
LO3 Use contemporary examples to demonstrate both the positive and negative influence/impact the macro environment
has on business operations
Identify the positive and negative impacts the macro
environment has upon business operations, supported by
specific examples.
- The application of the PESTLE
framework
- How the macro environment
influences/impacts upon business
activities
- How organizations go through the
transformation process
P4

3 | P a g e
LO4 Demonstrate the concepts of both internal and external analysis of organisations and explain the market type and
opportunity cost terms
Conduct internal and external analysis of specific
organizations in order to identify strengths and weaknesses.
- Introduction to SWOT and/or TOWS
analysis
- Internal and External Environments
P5
Explain how market types & opportunity cost work
Perfect competition, monopoly,
monopolistic competition and
oligopoly. Besides, analyse a
typical example with opportunity
cost.
P6

4 | P a g e
Assessment
criteria
Expected Evidence Achieved (Stick to mark
as achieve)
M3 Apply appropriately the PESTLE model to support a detailed analysis of the
macro environment within an organization.
M4 Apply appropriately SWOT/TOWS analysis and justify how they influence decision-
making.
D2 Critically evaluate the impacts of market types on typical industries, such
as Water, Electricity and other industries.
Summative feedback:
Assessor’s Signature Date

5 | P a g e
Table of Contents Grading grid ................................................................................................................................................................................................................. 1
Introduction ................................................................................................................................................................................................................... 6
The positive and negative impacts the macro environment has upon business operations, supported by specific examples.................................... 7
Internal Environment ................................................................................................................................................................................................. 7
Value System .......................................................................................................................................................................................................... 7
Mission & Objectives ............................................................................................................................................................................................. 7
Structure & Nature................................................................................................................................................................................................. 7
Human Resource .................................................................................................................................................................................................... 8
Corporate Imagine & Brand Equity ........................................................................................................................................................................ 8
External of Macro Environment ................................................................................................................................................................................. 8
External of Micro Environment ................................................................................................................................................................................ 10
Suppliers:.............................................................................................................................................................................................................. 10
Customers: ........................................................................................................................................................................................................... 10
Marketing Intermediaries: ................................................................................................................................................................................... 10
Competitors: ........................................................................................................................................................................................................ 11
Publics: ................................................................................................................................................................................................................. 11
The positive and negative impacts the macro environment has upon business operations .................................................................................. 12
Pestle of Morrison ................................................................................................................................................................................................ 12
Positive impact ..................................................................................................................................................................................................... 13
Negative impact ................................................................................................................................................................................................... 14