Unit 1 Organizational Purposes of Business Environment - level 4

BTEC Higher National Diploma In Business - Unit 1 Business and Business Environment - level 4

Organizational Purposes of Business Environment

Task 1: Understand the Organizational Purposes of Businesses

1.1 Identify the purposes of different types of organizations

1.2 Describe the extent to which an organization meets the objectives of different shareholders

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

Task 2: National and Market Environment

2.1 Explanation of how economic systems attempt to allocate resources effectively

2.2 Assessment of the impact of fiscal and monetary policy on business organizations and their activities

2.3 Evaluation of the impact of competition policy and other regulatory mechanism on the activities of an organization of your choice

2.4 Explanation of how market structures determine the pricing and output decisions of different decisions

2.5 Illustration of the way in which market forces shape organizational responses using a range of examples

2.6 Judgement on how the business environment and cultural environments shape the behavior of an organization of your choice

Task 3: Global Factors Affecting National Business Activities

3.1 Discussion of the significance of international trade to UK business organization

3.2 Analysis of the impact of global factors on UK business organization

3.3 Evaluation of the impact of policies of the European Union on UK business organizations

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