Unit 1 Business and Business Environment - level 5 in business

Unit Name: Unit 1 Business and Business Environment

Level: level 5 in business

Task-1 Business Organizational purpose

P1.1 Explain briefly the following types of organizations and their purposes:
Virgin Group Ltd
Sainsbury Plc
Mc Donald's
National Health Services (NHS) England
A corner shop near where you live.

P1.2 Considering Sainsbury PLC, describe the extent to which it meets the objectives of its different stakeholders.

P1.3 Considering Sainsbury Plc, explain its various responsibilities as an organization and the strategies it employs to meet them.

Task-2 Nature of national environment

P 2.1 Giving relevant examples, briefly explain how different economic systems

P 2.2 Considering Sainsbury Plc UK, assess the impact of fiscal and monetary policy on their activities.

Task-3 Organization behaviour in market environment

P 3.1 Explain how market structures determine the pricing and output decisions of Sainsbury Plc UK.

P 3.2 Illustrate how market forces shape Sainsbury Plc UK responses using a range of examples

P 3.3 Explain how the business and cultural environmental shape the behaviour of Sainsbury PLC UK.

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