How economic systems attempt to allocate resources

Unit 1 Business Environment - Walmart Assignment Help - Unit 1 Business Environment - Walmart - Level 5 Diploma in Business
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Program: Diploma in Business

Unit Name: Unit 1 Business Environment - Walmart

Level: Level 5

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Task 1 Understand the organizational purposes of business
Question 1 Identify the purposes of different types of organizations
Question 2 Describe the extent to which an organization meets the objectives of different organization. Explain the responsibilities of an organization and strategies employed to meet them

Task 2 Understand the nature of the national environment in which businesses operate
Question 1 Explain how economic systems attempt to allocate resources
Question 2 Access the impact of fiscal and monetary policy o business organizations and their activity
Question 3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization

Task 3 Understand the behaviour of organizations in their market environment
Question 1 Explain how market structure determine the pricing and output decisions of business. Apply different pricing strategies to your organization.
Question 2 Illustrate the way in which market forces shape illustration responses using a range of examples
Question 3 Judge how business and cultural environment of your selected organization and assess to what extent it shapes the behavior of the organization.

Task 4 Be able to assess the significanace of the global factors that shape national business activities
Question 1 Discuss the significance of international trade to UK business organizations
Question 2 Analyze the impact of global forces on UK business organizations
Question 3 Evaluate the impact of policies of the European Union on UK business organization

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We can help you analyze the external factors impacting Walmart, such as economic, political, social, and technological influences. Additionally, we can guide you in understanding Walmart's internal environment, including its organizational structure, culture, and ethical considerations. With our support, you can gain a comprehensive understanding of Walmart's business environment and excel in your assignments. Share your specific requirements, and we'll provide the assistance you need.

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