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Unit 1 : Business and The Business Environment and Industry Analysis Factsheet

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Added on  2023-07-14

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This is an assignment brief for a Higher National Diploma in Business (Business Management) course. The student, Tran Thi Thanh Thanh (Chérie), is required to submit a portfolio of factsheets and an organizational flow chart document for Unit 1: Business and The Business Environment. The assignment is titled "Industry Analysis Factsheet" and is due on 20/02/2023. The factsheets should be concise, well-organized, and properly referenced. The recommended word limit is 1,000-2,000 words. The assignment aims to develop various transferable skills and competencies, including analytical skills, creative thinking, digital skills, and effective communication. The vocational scenario involves Tesla, Inc., where the student is employed as a Junior Insights Strategist for the Strategic Planning team. The student has been tasked with conducting an industry analysis of the automobile industry and presenting their findings to their line manager and the management team.

Unit 1 : Business and The Business Environment and Industry Analysis Factsheet

   Added on 2023-07-14

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Higher Nationals
Assignment Brief BTEC (RQF)
Higher National Diploma in Business (Business Management)
Student Name/ID Number Tran Thi Thanh Thanh (Chérie) / RC95389
Unit Number and Title Unit 1 Business and The Business Environment
Academic Year 2022/2023
Unit Tutor Duong Hanh Tien
Assignment Title Industry Analysis Factsheet (1 of 2)
Issue Date 04/01/2023
Submission Date 20/02/2023
Submission Format
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_1
The submission is in the form of a portfolio of factsheets and an organisational flow
chart document. The factsheets should be written concisely to summarise and
highlight key information and data. You are required to make use of headings,
paragraphs and sub-sections as appropriate. All work must be supported with research
and referenced correctly using the Harvard referencing system (or an alternative
referencing system). You will also need to provide a bibliography using the Harvard
referencing system (or an alternative referencing system). Inaccurate use of
referencing may lead to issues of plagiarism if not applied correctly. The
recommended word limit for the factsheets is 1,000–2,000 words, although you will
not be penalised for going under or exceeding the total word limit.
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_2
Unit Learning Outcomes
LO1 Explain the different types, size and scope of organisations.
LO2 Demonstrate the interrelationship of the various functions within an organisation
and how they link to organisational structure.
Transferable skills and competencies developed
Analytical skills to conduct own analysis to draw conclusions.
The ability to provide information based on collation, analysis and interpretation of
data.
Creative thinking for presenting information and data in a simplified and informative
manner.
Digital skills, using different software applications to visually present information and
data concisely.
Communicating effectively in all forms, written, visual and oral, for operating
efficiently in the international business environment.
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_3
Vocational scenario
Organisation
Tesla, Inc., with headquarters in Austin, Texas, is a transnational American
automotive and clean energy firm. Tesla creates and manufactures solar panels, solar
roof tiles, electric vehicles (electric cars and trucks), residential and grid-scale battery
energy storage, and other associated goods and services. With a market value of more
than US$943.72 billion (as of September 2022), Tesla is one of the most valuable
companies in the world and continues to be the most valuable car brand in 2022.
Strategic Planning teams keep the company moving in the right direction by leading
the strategic business planning process and spearheading transformational projects
across the businesses and geographies. Embedded in teams across the company,
strategy professionals explore complex business issues; conduct consumer,
competitive and market analyses; create financial models and develop action plans.
Role
You are employed as a Junior Insights Strategist for the Strategic Planning team. The
team acts as a key partner to senior leaders, the executive team and the CEO. It
provides thought leadership and an external perspective on the most critical strategic
initiatives and pressing challenges facing the company. Your key roles include the
following:
supporting data and business analyses to develop business plans
measuring business performance to compare actual data to forecasted values
executing market research projects and gathering intelligence on current industry,
technology and consumer trends.
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_4
Assignment activity and guidance
You have been tasked with conducting an industry analysis that focuses on the
automobile industry in order to gain access to industry perspectives, best practices
from other high performance companies and insight into high-growth sectors. You
will present your analysis to your line manager and to the management team. The
industry analysis will involve the research and analysis of overall market size
(international and national) and different sub-sectors (public, private, voluntary), and
the organisational mapping of one of the highest-performing companies.
Organisations to be considered will include public (national and local vehicle
administration, public transport services), private (automakers, automobiles
distributors/dealers, transport services) and voluntary (automakers associations, local
car clubs).
You will present this industry analysis as a portfolio of ‘insights’ factsheets, to
include:
An introduction to sub-sectors and the different types of organisation in the industry,
the market size and the growth of the international business environment
A factsheet for a selected sub-sector organisation, with explanation of each of the
chosen organisations, including background details of the organisation; the products
and services they supply; the size and scope of the organisation; their vision, mission
and business objectives; the organisational and legal structure and information about
their stakeholders.
For business modelling purposes, you will also need to examine the various business
functions in one organisation and create an organisational chart to explore the
interrelationships between the different functions.
In addition to the ‘insights’ factsheets, you will present an organisational flow chart
that shows:
An analysis for one of the chosen organisations, using visual mapping to show how
internal departments, for example. finance, marketing, work together to meet business
objectives and how interrelationships are defined by the structure of the organisation;
present the advantages and disadvantages
Conclusions based on critical impact analysis of different business structures and the
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_5
interrelationships between internal departments in successfully fulfilling overall
business objectives.
Recommended Resources
Please note that the resources listed are examples for you to use as a starting
point in your research – the list is not definitive.
Weblinks
Statistica (2020). Automotive industry world wide.
https://www.statista.com/topics/1487/automotive-industry/#dossier-chapter5
Xtensio (2021) How to Create a Fact Sheet. Available at:
https://xtensio.com/how-to-create-a-fact-sheet
HubSpot (2021) 9 Types of Organizational Structure Every Company Should
Consider. Available at https://blog.hubspot.com/marketing/team-structure-
diagrams
HN Global
HN Global (2021) Reading Lists. Available at:
https://hnglobal.highernationals.com/learningzone/reading-lists
HN Global (2021) Student Resource Library. Available at:
https://hnglobal.highernationals. com/subjects/resource-libraries
HN Global (2021) Textbooks. Available at:
https://hnglobal.highernationals.com/textbooks
Textbooks
Burns, J. and Needle, D. (2019) Business in Context: An Introduction to Business
and its Environment. 7th Ed. Cengage Learning
Worthington, I. and Britton. C. (2018) The Business Environment. 8th Ed.
Harlow: Pearson
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_6
Learning Outcomes and Assessment Criteria
Pass Merit Distinction
LO1 Explain the different types, size and scope of
organisations
LO1 and LO2
P1 Explain different types
and purposes of
organisations; public,
private and voluntary
sectors and legal
structures.
P2 Explain the size and
scope of a range of
different types of
organisations.
M1 Analyse how the
structure, size and scope of
different organisations link
to the business objectives
and product and services
offered by the
organisation.
D1 Provide critical analysis of
the complexities of different
organisations and structures.
LO2 Demonstrate the interrelationship of the
various functions within an organisation and how
they link to organisational structure
P3 Explain the
relationship between
different organisational
functions and how they
link to organisational
objectives and structure
M2 Analyse the
interrelationships between
organisational functions
and the impact that can
have upon organisational
structure.
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_7
STUDENT ASSESSMENT SUBMISSION AND DECLARATION
When submitting evidence for assessment, each student must sign a declaration
confirming that the work is their own.
Student name:
Tran Thi Thanh Thanh
Assessor name:
Issue date:
04/01/2023
Submission date:
20/02/20223
Submitted on:
4 p.m
Programme:
Pearson BTEC Level 5 Higher National Diploma in Business (Business
Management)
Unit:
Unit 1 : Business and The Business Environment
Assignment number and title:
Industry Analysis Factsheet (1 of 2 ) _ Tesla Inc
Plagiarism
Plagiarism is a particular form of cheating. Plagiarism must be avoided at all costs and
students who break the rules, however innocently, may be penalised. It is your
responsibility to ensure that you understand correct referencing practices. As a
university level student, you are expected to use appropriate references throughout and
keep carefully detailed notes of all your sources of materials for material you have
used in your work, including any material downloaded from the Internet. Please
consult the relevant unit lecturer or your course tutor if you need any further advice.
Unit 1 : Business and The Business Environment and Industry Analysis Factsheet_8

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