Unit 1 Business Environment - Sainsbury - Level 4

Unit 1 Business Environment - Sainsbury

Task 1

AC1.1 Identify the type of the organization you have chosen and its main purpose

AC1.2 Describe the extent to which your chosen organization meets the objectives of its stakeholders

AC1.3 Responsibilities of the firm and strategies employed to meet them

Task 2

AC2.1 Explain how different types of economic systems attempt to allocate scarce resources effectively

AC2.2 Assess the impact of fiscal and monetary policy on the chosen organization

AC2.3 Evaluate the impact of UK competition policy and other regulatory mechanisms on the activities of your selected organization

Task 3

AC3.1 Explain how the market structures determine the market pricing and output decisions of the chosen organization

AC3.2 Market forces shape the way business operations

AC3.3 Discuss how the cultural and behavioural factors shape the organization

Task 4

AC4.1 Significance of international trade

AC4.2 Impact of global factors on UK business organization

AC4.3 Impact of European policies

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