Unit 1 Business and Business Environment- Level 4

Unit 1 Business and Business Environment

Level 4

Q1.1 Identify at least four different types of organisations that exist in the U.K.

1.1 Identify the purposes of different types of organizations.

1.2 Describe the extent to which an organisation meets the objectives of different stakeholders.

1.3 Explain the responsibilities of an organisation and strategies employed to meet them.

Q 2.1  Using a country or countries of your choice, explain how two economic systems attempt to allocate resources effectively.

2.1 Explain how economic systems attempt to allocate resources effectively.

2.2 Assess the impact of fiscal and monetary policy on business organisations and their activities.

2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization.

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