Effectiveness in the Business World (EBWO3001)

Autumn 2017 Re-sit Portfolio
Effectiveness in the Business World (EBWO3001)
Assessed Learning Outcomes:
1. Demonstrate an understanding of the concept of the organisation and the environment in which
it operates, including determining the competitive advantage for an organisation.
2. Identify and analyse organisational operations, responsibilities
3. Discuss the needs of the consumer and people who work in a business.
4. Recognise a range of issues related to business and how they interlink.
Week Contents (350-400 words per task) Page Learning
outcomes
Week 3 a. Describe the main features of a public limited
company (PLC), giving an example.
b. Identify two key differences between a PLC and
a charitable organisation.
3 LO1 / 2

Week 4 a. Who is a ‘customer’? Give THREE reasons
businesses must understand customers.
b. With at least one example, describe how
‘perception’ influences consumer demand?
4 LO3
Week 5 a. What is ‘globalisation’?
b. Describe THREE advantages & THREE
disadvantages of ‘globalisation’?
5 LO1/4
Week 6 Describe TWO advantages and TWO disadvantages of
‘group decision-making’ from the staff perspective. 6 LO3
Total word limit: 1500 words (+/- 10%)

ASSESSMENT - PORTFOLIO
Week Task 1 Learning
outcomes
Week 3
a. Describe the main features of a public
limited company (PLC), giving an
example.
b. Identify two key differences between a
PLC and a charitable organisation.
LO1 / 2
Your answer should go in the box below.
A.
Key features of public limited company can be classified into diverse forms. Such companies are
mainly organised by board of directors. It has been noticed that total number of members within
management can be highest at the range of 12. In this, limited liability is one of key factor. Single
person can only holds the specific part of the organisation but cannot have overall belonging to the
organisation (House, 2013). Business firm may face issues if the involvement of shareholders is
not being taken into account properly.
Along with this, number of members are also limitless which need to be referred by companies. It
is necessary for management to make sure that minimum seven shareholders are being associated
with the firm so that key measures can be taken into account. Although the number of shareholders
can be many according to standards. In addition to this, transferable shares are also features which
need to be referred by members. In this, companies can have sale of shares in stock market to have
better sustainability (Nguyen, 2012). There are two key organisations of public limited sector
within UK. Classification of public limited companies can be as United Oil and Gas PLC and
Tesco PLC.
B.
Charitable organisations are considered as non-profit businesses who are mainly focused towards
social wellbeing. Such kind of businesses are mainly focused towards activities which can improve
the social development. Their key motive is not to have profit generation as compared to other
business entities (Al-Mubaraki and Schröl, 2011). Along with this, such kind of organisations are
fee to frame policies according to government norms in order to meet the objectives.
On the other side, public limited company is considered as entity whose working is dependent over

public involvement. It allows external parties and general public to have purchase and sell of
shares so that better existence can be created within market. By having an effective application of
public limited company standards the ethical practice within market can be advanced (Scherer and
Palazzo, 2011). Different kinds of shares are being issued in the market such as cumulative
preference, ordinary, preference and redeemable. It helps in make sure that proper investment
opportunities can be identified effectively.
Week Task 2 Learning
outcomes
Week 4
a. Who is a ‘customer’? Give THREE reasons
businesses must understand customers.
b. With at least one example, describe how
‘perception’ influences consumer demand?
LO3
Your answer should go in the box below.