Business Environment Analysis Report - BTEC Level 5

This report provides a comprehensive analysis of the business environment, focusing on the impact of the macro environment on business operations. It utilizes the PESTLE framework to assess political, economic, social, technological, legal, and environmental factors influencing businesses, with specific examples. The report also delves into internal and external analysis using SWOT and VRIO frameworks to identify strengths, weaknesses, opportunities, and threats, as well as the value, rarity, imitability, and organization of specific businesses, particularly Under Armour. Furthermore, it examines how these factors interrelate and influence decision-making and business objectives. The report includes an exclusive summary and detailed analysis of the positive and negative impacts of the macro environment, the application of frameworks for analysis, and the transformation processes organizations undergo in response to changing market conditions. The report also includes an assessment record sheet and feedback forms.

Assignment front sheet
Learner name Learner Student I.D. Assessor Name
Navroop Sandhu 1017470 Ms. Sabrina Tsang
Date issued Submission Deadline Submission Date
18thOctober 2021
13thDecember 2021 12th December 2021
Resubmission Deadline (If appropriate) Resubmission Date (If appropriate)
Internal Verifier Name Internal Verification Deadline
Qualification Unit number and title
Pearson BTEC Level 5 Higher National Diploma
in Business Unit 1:Business and the Business Environment
Assignment
title
Assignment 2: Business Environment Analysis
Criteria
reference
To achieve the criteria the evidence must show that the student is able to: Evidence
LO3 Use contemporary examples to demonstrate both the positive and negative influence/impact the macro
environment has on business operations
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples. 13-21
M3 Apply appropriately the PESTLE model to support a detailed analysis of the macro
environment within an organisation. 13-21
LO4 Determine the internal strengths and weaknesses of specific businesses and explaintheir
interrelationship with external macro factors
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses. 81-89
P6 Explain how strengths and weaknesses interrelate with external macro factors. 90-94
M4 Apply appropriately SWOT/TOWS analysis and justify how they influence decision-
making. 89-90
D2 Critically evaluate the impacts that both macro and micro factors have upon business
objectives and decision-making.
22-24 and 95-
97

Learner declaration
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 materialsfor 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 adv
Student Declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of
plagiarism. I understand that making a false declaration is a form of malpractice.
Student signature: Navroop Sandhu Date: 25th October 2021

BTEC Assignment Brief
Qualification Pearson BTEC Level 5 Higher National Diploma in Business
Unit or Component
number and title Unit 1: Business and the Business Environment
Learning aim(s) Student will explore how the wider external environments influence and shape business
decision-making.
Assignment title Assignment 2: Business Environmental Analysis
Assessor Ms. Sabrina Tsang
Vocational Scenario
or Context
McKinsey & Company is founded on a rigorous understanding of every client’s institutional
context, sector dynamics, and macroeconomic environment. They invest more than $700
million of their film’s resources annually in knowledge development, learning, and capability
building. They study markets, trends, and emerging best practices, in every industry and
region, locally and globally. From the C-suite to the front line, they partner with their clients
to transform their organisations, embed technology into everything they do, and build
enduring capabilities.
You are the senior business analyst of a McKinsey & Company. The consultancy corporation
has a large range of clients globally major in various products and services, in view of the
business drop in 2019 – 2020 due to COVID-19, your corporation looking into the ways to
have the business success.
You, as the senior business analyst have to provide a report which investigate and define
business environmental analysis.
Provide a report of the following according to the above scenario:
Activities Activity 1 – Demonstrate both the positive and negative influence/impact the macro
environment has on business operations: (LO3– P4)
COVID-19 brings heavy drop in business particular. Your client – Lee in charge of research
and development department after business restricting. However, he was not experienced in
entrepreneurship and lacked management skills. As a senior business analyst, you are asked
to explain implication of wider external environments influence.
I. As the first part of your report you need to identify both the positive and negative
influence/impact the macro environment has on business operations.The following topics
should be included.

1. The application of the PESTLE framework and how organisations need to monitor and
forecast external influences.
2. How the macro environment influences/impacts upon business activities: the impact of the
digital revolution on production and consumption; the impact of social technologies;
cybersecurity; emerging BRICS markets, the global shift in economic and social power and
ethical and sustainable growth.
3. How organisations go through the transformation process and overcome resistance to
change in response to the changing market environment.
Activity2 – Determine the internal strengths and weaknesses of specific businesses
and explain their interrelationship with external macro factors: (LO4 – P5 and P6)
II. Frameworks for analysis.
1. Introduction to SWOT and/or TOWS analysis and how they can assist in the decision-
making process within organisations.
2. Key external macro factors including the competitive environment and government
intervention that influence organisations and business.
Submission Format Your assignment should be typewritten in Times New Roman, font size 12, 1.5 lines spacing
on A4 paper, page numbered and be submitted bound. This is in the form of an individual
assignment. You are required to make sure of headings, paragraphs and subsections as
appropriate, and all work must be supported with research and referenced using the Harvard
referencing system. Please also provide a bibliography using the Harvard referencing system
A cover page, table of content page, charts/diagrams/process and a reference page is
used as the skeleton of the assignment.
Sources of
information to
support you with this
Assignment
BARON, P. (2012) Business and its Environment. 7th Ed. London: Prentice Hall.
PALMER, A. and HARTLEY, B. (2011) The Business Environment. 7th Ed.
Maidenhead: McGraw-Hill.
WEATHERLEY, P. (Editor) and OTTER, D. (Editor) (2014) The Business Environment:
Themes and Issues in a Globalized World. 3rd Ed. Oxford: Oxford University Press.
WORTHINGTON, I. and BRITTON. C. (2014) The Business Environment. 7th Ed.
Harlow Pearson.
Other assessment
materials attached to
this Assignment
Brief
Nil

AssessmentCriteria
Learning Outcomes and Assessment Criteria
Learning Outcome Pass Merit Distinction
LO3 Use contemporary
examples to demonstrate
both the positive and
negative influence/impact
the macro environment has
on business operations
P4 Identify the positive and
negative impacts the macro
environment has upon
business operations,
supported by specific
examples.
M3 Apply appropriately the
PESTLE model to support a
detailed analysis of the
macro environment within
an organisation.
D2 Critical evaluate the
impacts that both macro and
micro factors have upon
business objectives and
decision-making.
LO4 Determine the
internal strengths and
weaknesses of specific
businesses and explain
their interrelationship with
external macro factors
P5 Conduct internal and
external analysis of specific
organisations in order to
identify strengths and
weaknesses.
P6 Explain how strengths
and weaknesses interrelate
with external macro factors.
M4 Apply appropriately
SWOT/TOWS analysis and
justify how they influence
decision-making.

ASSESSMENT RECORD SHEET
Qualification Pearson BTEC Level 5 Higher
National Diploma in Business Learner name
Unit Number and title Unit 1: Business and the
Business Environment Assessor name Ms. Sabrina Tsang
Assignment title Assignment 2: Business Environmental Analysis
First Submission
Deadline 13rdDecember 2021 Date submitted
Has an extension to the deadline been approved by the Assessor due to extenuating
circumstances? (If appropriate)
Targeted
criteria To achieve the criteria, the evidence must show that the student is able to: Achieved?
P4 Identify the positive and negative impacts the macro environment has upon business
operations, supported by specific examples.
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses.
P6 Explain how strengths and weaknesses interrelate with external macro factors.
Higher Grade achievements (where applicable)
Grade descriptor
M3 Apply appropriately the PESTLE model to support a detailed analysis of the macro
environment within an organisation.
M4 Apply appropriately SWOT/TOWS analysis and justify how they influence decision-
making.
D2 Critically evaluate the impacts that both macro and micro factors
have upon business objectives and decision-making.
Assessor declaration
I certify that the evidence submitted for this assignment is the learner’s own. The
learner has clearly referenced any sources used in the work. I understand that false
declaration is a form of malpractice.
Assessor signature Date
Date of feedback to learner
Learner signature Date
**Any resubmission evidence must be submitted within 15 working days of learners receiving
assessment feedback

Resubmission
Deadline Date submitted
Targeted
criteria
Criteria
achieved Assessment comments
General comments
Learner Declaration
I certify that the evidence submitted for this assignment is my own. I have clearly
referenced any sources used in the work. I understand that false declaration is a form of
malpractice.
Learner signature Date
Assessor declaration
I certify that the evidence submitted for this assignment is the learner’s own. The
learner has clearly referenced any sources used in the work. I understand that false
declaration is a form of malpractice.
Assessor signature Date
Date of feedback to learner
**Any resubmission evidence must be submitted within 15 working days of learners receiving
assessment feedback

Higher Nationals - SummativeAssignmentFeedbackForm
StudentName/ID
UnitTitle Unit 1: Business and the Business Environment
AssignmentNumber 2 Assessor Ms. Sabrina Tsang
SubmissionDeadlin
e 13rdDecember 2021 Date
submitted
Re-
submissionDeadlin
e
Date re-submitted
AssessorFeedback:
Grade: AssessorSignature: Date:
LearnerSignature: Date:
ResubmissionFeedback:
Grade: AssessorSignature: Date:
LearnerSignature: Date:
InternalVerifier’sComments:

Signature&Date:
* Please note that grade decisions are provisional. They are only confirmed once internal and external
moderation has taken place and grades decisions have been agreed at the assessment board.
Pearson Education 2016
Higher Education Qualifications

Contents Tabl
e
Exclusive summary.........................................................................................................................12
1) The positive and negative impact the macro environment has upon business operations.........13
2) The impact that macro factors (PESTEL) have upon business objective......................................22
3) The impact that macro factors (PESTEL) have upon Decision-making.........................................23
4) How Under Armour need to monitor external influences...........................................................24
5) how Under Armour need to forecast external influence.............................................................27
6) How the macro environment influences/impacts upon business activities.................................30
7) How organizations go through the transformation process and overcome resistance to change in
response to the changing market environment..............................................................................70
8) VIRO analysis..............................................................................................................................81
9) PESTEL ANALYSIS........................................................................................................................87
10) SWOT analysis..........................................................................................................................89
11) how strength and weakness interrelate with external macro factors (the competitive
environment).................................................................................................................................90
12) how strength and weakness interrelate with external macro factors (government intervention)
.......................................................................................................................................................92
13) Evaluate the impacts that VRIO analysis have upon decision-making.......................................94
14) evaluate the impact that VRIO analysis have upon business objective.....................................95
Conclusion......................................................................................................................................97
References page.............................................................................................................................98

Exclusive summary
In this task, perception of Under Armor organization will be made. PESTLE, SWOT and
VRIO examination will be utilized to notice it full scale climate, the strength and
shortcoming of the organization. these data assist with advancing specialist on how Under
Armor organization respond to adjust with the quick evolving climate. Moreover, various
variables that effect Under Armor business movement will likewise be incorporated,
additionally, how the full-scale climate will influence Under Armor organization's
independent direction and business objective will be talked about.