How market structure determines the pricing and production decisions

Unit 1 Business and Business Environment

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Task 1:

Question (i) Identify the purposes of different types of organisations and compare the missions, goals and the strategic objectives of your chosen organisation with a similar organisation.

Question (ii) Describe the extent to which your organisation meets the objectives of its different stakeholders. Explain the responsibilities of your organisation and the strategies it uses to meet the needs of these different stakeholders.

Task 3:

Question (i) Using your chosen company as an example, explain how market structure determines the pricing and production decisions.

Question (ii) Using a range of examples, analyse how market forces influence the organisational response and examine how your organisation would respond.

Question (iii) Discuss the business and cultural environment of your selected organisation and assess to what extent it shapes the behaviour of the organisation.

Task 4:

Question (i) Discuss the significance of international trade on UK business organisations and use examples from your chosen organisation.

Question (ii) Analyse the impact of global factors on UK business organisations and use examples from your chosen organisation.

Question (iii) Assess the role and impact of the European Union policies on the UK business organisations and use examples from your chosen organisation.

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