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Qualification - OTHM Level 4 Diploma In Business Management
Unit Name - Business Environment
Unit Level - Level 4
Unit Reference Number - M/616/2719
Assignment Title - Business Context
Unit Number - Unit 02
Learning Outcome 1: Understand business organisations, their purpose and stakeholders.
Learning Outcome 2: Understand the economic implications of operating businesses.
Learning Outcome 3: Understand business market environments.
Learning Outcome 4: Understand the effects of Global Markets and the need for organisations to operate globally.
Assistance with Global Business Environment Assignment: Analyzing Key Factors and Strategic Complexities in Operating within a Global Context
SAVE DISTINCTION MARKS IN UNIT 02 BUSINESS ENVIRONMENT - OTHM LEVEL 4 DIPLOMA IN BUSINESS MANAGEMENT ASSIGNMENT WHICH IS WRITTEN BY OUR PROFESSIONAL WRITER!
Scenario
You landed a job as a Junior Analyst working for the UK Government. Having been recently recruited, your manager wants to gauge how much you know before creating a tailor-made training plan for you.
He has asked you to prepare a portfolio with the main concepts in economy.
For Globalisation and Marketing Strategy Assignment: Unit 11 Globalisation and Marketing Strategy - OTHM Level 7 Diploma in Strategic Management and Leadership
Task 1 - Portfolio
Instructions
You should create a portfolio with the following details
a. A table differentiating the purpose of public and private sector organisations
b. A general mind map showing the main stakeholders of an organisation and their objectives, including government, regulatory bodies, competition, etc.
c. A table showing the impact of fiscal policies and monetary policies on businesses
d. A table showing how resources are allocated in a Capitalist, a Mixed and a Socialist economy
e. A diagram showing the impact of supply and demand on the market
f. A diagram explaining Michael Porter's forces
g. A table explaining the effect of market decision (Good/service, cost, distribution, promotion) on business policies
h. A table showing the impact of various element of culture on business
i. A graph showing the value of international market to UK business over the last 70 years
j. A diagram showing the global factors on UK business
k. A diagram showing the impact of EU policies on UK business
Assistance with International Marketing Assignment: Exploring the Concept of International Marketing for Targeting Foreign Markets and Establishing Export Channels
GET WELL WRITTEN UNIT 02 BUSINESS ENVIRONMENT ASSESSMENT SOLUTION USING OTHM LEVEL 4 DIPLOMA IN BUSINESS MANAGEMENT ASSIGNMENT HELP!
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LO
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LO Description
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AC
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AC Description
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1
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Understand business organisations, their purpose and stakeholders.
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1.1
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Compare different types of organisations and their purposes.
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1.2
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Explain the stakeholder roles and strategic responsibilities.
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1.3
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Explain how different stakeholders' objectives are met.
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2
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Understand the economic implications of operating businesses.
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2.1
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Explain economic systems in relation to resource allocation and utilisation.
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2.2
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Assess the influences of fiscal and monetary policies on business activities.
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2.3
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Assess the impact of competition.
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2.4
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Evaluate the impact of regulation activities on organisations.
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3
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Understand business market environments.
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3.1
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Explain market decisions and its influences on the policies of a specified business.
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3.2
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Evaluate an organisation's response to market forces.
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3.3
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Explain the importance of assessing culture in the business environment.
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4
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Understand the effects of Global Markets and the need for organisations to operate globally.
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4.1
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Explain the value of international markets to UK businesses.
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4.2
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Explain global factors affecting businesses.
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4.3
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Evaluate the impacts of EU policies on UK businesses.
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Get Assistance with Business Resources Assignment: Unit 2 Business Resources - Edexcel BTEC Level 3 Nationals in Business
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