Edexcel Unit 1 Business Environment

Edexcel Unit 1 Business Environment

Task I - Individual written report.

(a) Identify and describe the purpose and ownership before linking these to the size and scale of each organisation. Compare and contrast these two businesses.

Purpose of Tesco PLC

Purpose of Oxfam International

(b) Describe the different stakeholders who influence the purpose of the two businesses and the extent to which an organization meets the objectives of different stakeholders.

How these stakeholders influence the purpose of the company

Stakeholders of Oxfam and how they affluence their purpose

(c) Explain the responsibilities of both organizations and strategies employed to meet them. How Tesco meets its responsibilities.

Task 2 - Individual written report

(a) Explain how economic systems attempt to allocate resources effectively.

(b) Assess the impact of fiscal and monetary policy on business organizations and their activities

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

(d) Explain how market structures determine the pricing and output decisions of businesses

How companies determined the pricing and output decisions of in different market

(e) Illustrate the way in which market forces shape organizational responses using a range of examples.

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