Portfolio Effectiveness in the Business World - EBWO3001

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
3 LO1 / 2

PLC and a charitable organisation.
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.
Public Limited Company or PLC is regarded as the legal designation of a limited
organisation that provide its services to the general public subject to conditions of
liability. Stock of a PLC can be acquired by anyone. In such companies, a limited
liability is granted to the shareholders along with its management. In addition to
this, out of all the organisation that are existing in market a major portion is covered
by the public limited companies (RodríGuez, MartıNez, and Herrera, 2013).For
Instance: Clothing and accessory retailer group Burberry is a PLC.
Some features of Burberry Group PLC are as follows:
 There is board of directors who directs the public limited companies. In
Burberry there are 2 number of board members who governs the entity.
 In the entity, shareholder liability for the losses of the organisation are
restricted to the contribution of their share only.
 Shares of PLC are transferable. Burberry shares are bought and sold in stock
exchange markets. These operations in share are performed in the regional
markets.
 The selected company is strictly regulated in terms of finances too. All
annual reports are lawfully required to be published. This is same for all the
public limited companies.
In contrary to this, charitable organisations are non-profit firm who works on social
issues. This type of companies are solely different from the above explained ones.
These different majorly arises due to the purpose of their existence i.e. either profit
or non-profit. Some major difference among them are as follows:
 Public limited companies are strictly required to pay taxes on their net
incomes. However, in context to charitable organisations this is not true in
case of tax exemption. As charitable firms works for social well-being so
government tends to help them by reducing the costs as much as possible.
 In case of public limited companies, balance sheets are required to prepare
quarterly. This is performed to list the equity of the company's owner.
Whereas, as there is no owner in charitable organisations, thus no balance
sheets are prepared. In addition to this, income statements are also prepared
by the PLC to evaluate revenue, gains, expenses, losses etc. In contrary to

this, charitable firms doe snot prepare any income statements (Solomon,
2014).
Thus, these are some common differences between the public limited companies
and charitable organisations.
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.