Business Purpose and its Environment

   

Added on  2022-05-31

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Assignment Front Sheet
Qualification Unit Number and Title
Pearson BTEC Level 3 Subsidiary Diploma in Business Unit 01: Business Environment
Reg. No. Learner’s Name Assessor’s Name
Fatema Rangwala Bharmal
Hand-out Date Hand-in Date Submitted On
17/9/2019 20/11/2019
Assignment Type Summative Report
Assignment Title Business Purpose and its Environment
Assessment and Grading Criteria
To achieve a pass grade the
evidence must show that the
learner is able to:
To achieve a merit grade
the evidence must show
that, in addition to the
pass criteria, the learner is
able to:
To achieve a distinction grade
the evidence must show that,
in addition to the pass and
merit criteria, the learner is
able to:
P1 Describe the type of business,
purpose and ownership of two
contrasting businesses [RL]
P2 Describe different stakeholders
who influence the purpose of
two contrasting businesses
[CT]
M1 Explain the points of
view of different
stakeholders seeking to
influence the aims and
objectives of two
contrasting organizations
D1 Evaluate the influence
different stakeholders exert
in one organization
[IE]
P3 Describe how two businesses
are organized [IE]
P4 Explain how their style of
organization helps them to
fulfil their purposes
P5 Describe the influence of two
contrasting economic
environments on business
activities within a selected
organisation
M2 compare the challenges
to selected business
activities within a
selected organisation, in
two different economic
Business Purpose and its Environment_1
environments [IE]
P6 Describe how political, legal
and social factors are
impacting upon the business
activities of the selected
organisations and their
stakeholders.
M3 Analyse how political
legal and social factors
have impacted on the
two contrasting
organisations.
D2 Evaluate how future
changes in economic political,
legal and social factors, may
impact on the strategy of a
specified organisation.
Key
IE – Independent Enquirers RL – Reflective Learners SM – Self Managers
CT – Creative Thinkers TW – Team Workers EP – Effective Participators
Learner’s Declaration
I certify the work submitted for this assignment is my own and research sources are fully
acknowledged.
Learner’s Signature:
Date:
Business Purpose and its Environment_2
Assignment Brief
Qualification Unit Number and Title
Pearson BTEC Level 3 Subsidiary Diploma in Business Unit 01: Business Environment
Reg. No. Learner’s Name Assessor’s Name
Ms. Fatema Rangwala Bharmal
Hand-out Date Hand-in Date Submitted On
17/09/2019 20/11/2019
Assignment Type Summative Report
Unit Aim and Purpose:
The aim of this unit is to give learners the fundamental knowledge of a range of business
organizations, and many factors that shape the nature of organizations operating in an increasingly
complex business world.
Scenario
You are employed as a business consultant in a consultancy firm. The firm has decided to prepare a
detailed report to analyse business environment that can help the new and existing businesses in
decisions regarding survival and expansion. Subsequently, you have been assigned with the task of
preparing a document that outlines relevant information about different types businesses, their
purposes and objectives along with external environment analysis. Your report shall form the basis of
decision making for existing and new businesses.
Activity 1: As a business consultant, your first task is to describe the different type of businesses from
different sectors (you could choose one in the not-for-profit sector, and the second could be a national
or global organization that has a local presence but operating in the profit sector. (P1)
Your report should include:
Business activity: at what level your business is operating? local, national & global
Business sector: in which sector your business falls? Primary, secondary or tertiary?
Business purpose: write few lines what does your business do?
Ownership of the business with reference to liability for debts: Who are the owners and who is
liable for debts?
Activity 2: The second section of the report will address stakeholders of the business. Stakeholders
are the people (individuals and groups) who have a direct or indirect interest in and influence on the
business and the way it operates.
Describe the following stakeholders and what they want from the business
Customers
Employees
Suppliers
Owners (government or trustees or shareholders)
Pressure groups (e.g. friends of the earth)
Employer Associations
Describe the different stakeholders who influence the purpose of these contrasting organizations. (P2)
Explain how each of the stakeholder groups have influenced the objectives of each of the businesses.
(M1)
Business Purpose and its Environment_3

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