Unit 1 Business Environment - Level 4

Unit 1 Business Environment - Level 4 (Diploma in Business)

Part 1

LO 1

Explanation of different type, size and scope of the organization:

P1: Different types and purposes of organization

P2: Size and scope of various types of organizations

M1: Analyzing how structure, size, and scope of various types of organization are linking with business objectives and the products and services offered by organization:

LO 2

Interrelationship between different functions within organization:

P3: Relationship between various organizational functions and their linking with the structure and objectives

M2: Advantages and disadvantages of the interrelationships between various organizational functions and its impact on the organizational structure:

Part 2

LO 3

Positive and negative impact of the macro environment factor on the operation of any business:

P4: identification of the negative and positive impact of macro environment on business operation:

M3: PESTLE Analysis:

LO 4

Internal strength and weaknesses of business and their relationship with external macro factors:

P5: Internal andexternal analysis of the specific organization for the identification of its strength and weaknesses:

P6: Interrelation of strength and weaknesses with the external macro factors:

M4: Application of SWOT/TOWS analysis and justification of it in decision-making:

D2: Reflection of macro and micro factors on business objectives and decision-making:

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