UK COLLEGE BUSINESS AND COMPUTING

Module Booklet
Course: EDEXCEL BTEC (HND) BUSINESS Grou : Ede!"el Le#el Module: BUSINESS EN$I%ONMENT Module t& e: CO%E Module Code: U'(t ) *+,-.),./0Module Cred(t: )/ Te1"2('3 Per(od: ()/ 4eeks) Le#el: 0 (5C6) Co't1"t Hours: (7)89 : -9; (<e< )/89= -89) Le"turers: )/ 4eeks %e#(s(o' Cl('(": 9 4eeks 6eed>1"k 1'd 1ss(3'?e't 3u(d1'"e: 9 4eeks Le"turer: Gle'' C1lder4ood St1rt d1te: 7@ Au'e 7.)9 D1&: T2ursd1&s T(?e: ).:9. to )9:9.

%oo?: B.9; Ce't4ort2 House Ter?: C('ter Ter?

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CONTENTS

)< INT%ODUCTION; AIMS AND OBAECTI$ES

7< MODULE OUTLINE AND TEACHING METHODS

9< %EADING AND COU%SE P%EP%ATION

0< LECTU%E CITH DETAILED COU%SE P%OG%AMME AND OBAECTI$ES

/< ASSESSMENT DETAILS

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)< INT%ODUCTION

Organisations have a variety of purposes that depend on why they were established. Some operate for profit, whilst others do not. Organisations structure themselves and operate in ways that allow their objectives to be met. Every organisation has a range of sta eholders whose interests need to be satisfied, but sta eholders have competing interests that may be hard to reconcile. !usinesses operate in an environment shaped by the government, competitors, consumers, suppliers, and international factors. "earners will understand that some influences on the business environment are direct and clear, for e#ample ta#ation policies on corporate activities. Other influences are less clear, perhaps coming from the international arena and sometimes with only an obli$ue impact on the national business environment. %t is within this business environment that organisations function and have to determine strategies and a modus operandi that allow them to meet their organisational purposes in ways that comply with the relevant legal and regulatory framewor s. %n addition, business mar ets ta e various forms and the structure of a mar et enables an understanding of how organisations behave. %n this unit learners will consider how different mar et structures shape the pricing and output decisions of businesses, as well as other aspects of their behaviour. A(?: &he aim of this unit is to give learners the nowledge and understanding of how a business unit can strategically organise and plan for li ely future outcomes in order to be successful. Ke& O>Ee"t(#es: Le1r'('3 Out"o?es 1'd 1ssess?e't "r(ter(1: O' su""essFul "o? let(o' oF t2(s u'(t 1 le1r'er 4(ll: )< U'derst1'd t2e or31'(s1t(o'1l ur oses oF >us('esses C1te3or(es oF or31'(s1t(o': legal structure' type eg private company, public company, government, voluntary organisation, co(operative, charitable' sector )primary, secondary tertiary* Pur oses: mission' vision' aims' objectives' goals' values' profits' mar et share' growth' return on capital employed )+O,E*' sales' service level' customer satisfaction' corporate responsibility' ethical issues St1ke2olders: owners' customers' suppliers' employees' debtors' creditors' financial institutions )ban s, mortgage lenders, credit factors*' environmental groups' government agencies )central government, local authorities*' trade unions %es o's(>(l(t(es oF or31'(s1t(o's: st1ke2older ('terests' conflict of e#pectations' power influence matri#' satisfying sta eholder objectives' legal responsibilities eg consumer legislation, employee legislation, e$ual opportunities and anti(discriminatory legislation, environmental legislation, health and safety legislation' ethical issues eg environment, fair trade, global warming, charter compliance eg !an ing ,ode. -DPage

7< 7 U'derst1'd t2e '1ture oF t2e '1t(o'1l e'#(ro'?e't (' 42("2 >us('esses o er1te E"o'o?(" s&ste?s. the allocation of scarce resources' effective use of resources' type of economic system eg command, free enterprise, mi#ed, transitional. The UK economy. si/e )gross domestic product, gross national product*' structure' population' labour force' growth' inflation' balance of payments' balance of trade' e#change rates' trading partners' public finances )revenues, e#penditure*' ta#ation' government borrowing' business behaviour eg investment, objectives, ris awareness' cost of capital' consumer behaviour' propensity to save' propensity to spend' tastes and preferences Go#er'?e't ol("&: economic goals' fiscal policy. control of aggregate demand' central and local government spending' Public Sector 0et !orrowing )PS0!* and Public Sector 0et ,ash +e$uirement )PS0,+*' euro convergence criteria, monetary policy' interest rates' $uantitative easing' private finance initiative )P1%*' competition policy )up(to(date legislation including ,ompetition 2ct 1334, Enterprise 2ct 2552*' ,ompetition ,ommission, Office of 1air &rading' 6irectorate 7eneral for ,ompetition*' European ,ommission*' sector regulators eg Ofgem, Ofwat, ,ivil 2viation 2uthority' ,ompanies 2cts' regional policy' industrial policy' enterprise strategy' training and s ills policy. 9< U'derst1'd t2e >e21#(our oF or31'(s1t(o's (' t2e(r ?1rket e'#(ro'?e't 8ar et types. perfect competition, monopoly, monopolistic competition, oligopoly, duopoly' competitive advantage, strategies adopted by firms' regulation of competition 8ar et forces and organisational responses. supply and demand, elasticity of demand' elasticity of supply' customer perceptions and actions, pricing decisions' cost and output decisions' economies of scale, the short run' the long run, multi(national and transnational corporations' joint ventures, outsourcing' core mar ets' labour mar et trends' employee s ills, technology' innovation' research and development' core competencies' business environment )political, economic, social, technical, legal, environmental*' cultural environment. 0 Be 1>le to 1ssess t2e s(3'(F("1'"e oF t2e 3lo>1l F1"tors t21t s21 e '1t(o'1l >us('ess 1"t(#(t(es Glo>1l F1"tors: international trade and the 9: economy' mar et opportunities' global growth' protectionism' ;orld &rade Organisation );&O*' emerging mar ets )!+%, economies < !ra/il, +ussia, %ndia, ,hina*' E9 membership' E9 business regulations and their incorporation in to 9: law' E9 policies eg agriculture ),2P*, business, competition, growth, employment, education, economics and finance, employment, environment, science and technology, regional*' labour movement' wor force s ills' e#change rates' trading blocs )eg monetary unions, common mar ets' customs unions, free trade areas*' labour costs' trade duties' levies' tariffs' customs dues' ta#ation regimes' international competitiveness' international business environment )political, economic, social, technical, legal, environmental*' investment incentives' cost of capital' commodity prices' intellectual property' climate change eg :yoto Protocol, +io Earth Summit' third world poverty' the group of 25 )7(25*' global financial stability. Se"t(o' 7: Le1r'('3 Out"o?es 1'd 1ssess?e't "r(ter(1 LO)< U'derst1'd t2e or31'(s1t(o'1l ur oses oF >us('esses 1.1 identify the purposes of different types of organisation 1.2 describe the e#tent to which an organisation meets the objectives of different sta eholders 1.- e#plain the responsibilities of an organisation and strategies employed to meet them =DPage

LO7 < U'derst1'd t2e '1ture oF t2e '1t(o'1l e'#(ro'?e't (' 42("2 >us('esses o er1te 2.1 e#plain how economic systems attempt to allocate resources effectively 2.2 assess the impact of fiscal and monetary policy on business organisations and their activities 2.- evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organi/ation LO9 U'derst1'd t2e >e21#(our oF or31'(s1t(o's (' t2e(r ?1rket e'#(ro'?e't -.1 e#plain how mar et structures determine the pricing and output decisions of businesses -.2 illustrate the way in which mar et forces shape organisational responses using a range of e#amples -.- judge how the business and cultural environments shape the behaviour of a selected organisation LO0 Be 1>le to 1ssess t2e s(3'(F("1'"e oF t2e 3lo>1l F1"tors t21t s21 e '1t(o'1l >us('ess 1"t(#(t(es =.1 discuss the significance of international trade to 9: business organisations =.2 analyse the impact of global factors on 9: business organisations =.- evaluate the impact of policies of the European 9nion on 9: business organisations. Se"t(o' 9: Te1"2('3 1'd le1r'('3 Met2ods %t is recommended that a range of strategies be used to deliver this unit. 6iscussion, debate, individual wor place comparisons and use of case studies are all elements of this unit. ;here groups of learners are from one organisation or sector, consideration of cultural issues can be based upon the needs of the organisation or sector. >ideo footage, not necessarily relating to business or management, or acting could be used to illustrate some aspects of a business. &he use of investigative tools is recommended to encourage both self awareness and the practical application of the insights gained. Se"t(o' 0: Assess?e't Met2ods GSu??1r& 2 ey feature of the assessment strategy for this unit is the practical application of the theoretical content to an organisational situation at strategic level. &he assessment will consist of an individual report with an organi/ation chosen for the purpose to address all the learning outcomes.

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Pro3r1??e S e"(F("1t(o' A""red(t('3 Bod&: EDEXCEL Course: BTEC HND IN BUSINESS U'(t: ) BUSINESS EN$I%ONMENT Ck 1 Le"ture S"2edule A"t(#(t&,se?('1r 1'd For?1t(#e 1ssess?e't %ntroduction to the module. 9nderstand the organisational purpose %ntroduction to the module, !ac ground of the of businesses. %dentify the purpose of different types of mode of assessment, awareness e#pectations of the organisations. )1.2,1.2*. of the awarding body, awarding body. assessment criteria and the mode of assessment. Organisational objectives lin ed with different sta eholders )1.-* 6efine organisational 2ddressing learning principles, purposes, objectives outcome 1.and aims. 8ap and classify sta eholders. +esponsibilities of an organisation and strategies employed to 2nalyse organisational 2ddressing learning meet them )1.=* responsibilities using outcome 1.=. appropriate techni$ues based on practical problems. 0ature of the national environment in which businesses operate. E#plain how economic systems 2ddressing learning Effective allocation of resources )2.1* allocate resources. outcome 2.1. Out"o?e oF sess(o' %esour"es 8odule handboo .

Power point slides

Power point slides

Power point slides

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2ssessing the impact of fiscal and monetary policy on business organisations and their activities )2.2* Evaluate the impact of competition policy and other regulatory

E#plain the impact of the fiscal and monetary policy on businesses. 6escribe a range of regulatory

6iscussion and addressing learning outcome 2.2. 6iscussion and

Power point slides. ,ase study and power

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mechanisms on the activities of an organisation )2.-* A E#plain how mar et structures determine the pricing and output decisions of businesses )-.1*. %nvestigate how mar et forces shape organisational responses )-.2*. 2ssess how the business and cultural environments shape the behaviour of an organisation )-.-*. E#plore global factors that shape national business activities and discuss the significance of international trade to 9: business organisations )=.1*. 2nalyse the impact of global factors on 9: business organisations )=.2*. Evaluate the impact of policies of the European 9nion on 9: business organisations )=.-*. +E>%S%O0 +E>%S%O0 +E>%S%O0 206 2SS%708E0& S9!8%SS%O0 +E>%S%O0 +E>%S%O0 1EE6!2,: 206 2SSESS8E0& 1EE6!2,: 206 2SSESS8E0& 1EE6!2,: 206 2SSESS8E0&

3 15 11 12 11= 1? 1@ 1A 14 13 25

mechanisms of different organi/ations. E#plain organisational behaviour in response to changing environmental factors. 2nalyse and evaluate a range of mar et forces using Pestel analysis, swot analysis and PorterBs five force model. E#plain organisation culture using the Schein model of cultural levels. 6escribe and analyse global factors that shape national business activities. 2nalyse global factors effects on 9: organisations. 2nalyse European 9nion impact on 9: businesses.

addressing learning outcome 2.-. 6iscussion and addressing learning outcome -.1. 2ddressing learning outcome -.2. 6iscussion and addressing learning outcome -.-. 6iscussion and addressing learning outcome =.1. 2ddressing learning outcome =.2. 6iscussion and addressing outcome =.-.

point slides. ,ase study and power point slides. ,ase study and power point slides. ,ase study and power point slides. ,ase study and power point slides. Power point slides. Power point slides.

+ecommended te#t and lin s.

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%an ;orthington and ,hris !ritton, 2553, &he !usiness Environment C0,DC06 !usiness. Organi/ations, ,ompetition and Environment ,ore 9nit = )!PP* ,laire ,apon 2553, 9nderstanding the !usiness Environment )Pearson* Eournals and newspapers Carvard !usiness +eview Eournal of !usiness 8anagement &he 1inancial &imes and other daily newspapers which contain a business section and mar et reports ;ebsites www.bi/ed.ac.u provides case studies appropriate for educational purposes. www.cmi.co.u (&he ,hartered %nstitute of 8anagementBs site contains a useful nowledge centre www.ft.com (&he 1inancial &imes business sections www.thetimes155.co.u (8ultimedia resources

Ck 1 2 = ? @ A

Sess(o' U d1te %ntroduction to the module Organisational objectives lin ed with different sta eholders +esponsibilities of an organisation and strategies employed to meet them 0ature of the national environment in which businesses operate. Effective allocation of resources 2ssessing the impact of fiscal and monetary policy on business organisations and their activities Evaluating the impact of competition policy and other regulatory mechanisms on the activities of an organisation E#plaining how mar et structures determine the pricing and output decisions of businesses

D1te 2A Eune = Euly 11 Euly 14 Euly 2? Euly 1 2ugust 4 2ugust

S(3'1ture

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4 3 15 11 12 11= 1? 1@ 1A 14 13 25

%nvestigating how mar et forces shape organisational responses 2ssessing how the business and cultural environments shape the behaviour of an organisation E#ploring global factors that shape national business activities and discuss the significance of international trade to 9: business organisations 2nalysing the impact of global factors on 9: business organisations Evaluating the impact of policies of the European 9nion on 9: business organisations +E>%S%O0 +E>%S%O0 +E>%S%O0 206 2SS%708E0& S9!8%SS%O0 +E>%S%O0 +E>%S%O0 1EE6!2,: 206 2SSESS8E0& 1EE6!2,: 206 2SSESS8E0& 1EE6!2,: 206 2SSESS8E0&

1? 2ugust ? September 12 September 13 September 2@ September - October 15 October 1A October 2= October -1 October A 0ovember 1= 0ovember 21 0ovember

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Le"turer: Gle'' C1lder4ood C1? us: Ce't4ort2 House Co't1"t det1(ls: 4")lo'do'H3?1(l<"o? Assess?e't: T2e ?odule 4(ll >e 1ssessed ?eet('3 1ll t2e LO 1s s e"(F(ed >& t2e 141rd('3 >od&; Ed E!"el< Ple1se re1d t2e ('stru"t(o's "1reFull& 42(le 1ddress('3 t2e t1sks s e"(F(ed< Co'tr(>ut(o': oF t2e ?odule Outl('e Det1(ls: re ort 1 ro! 0... 4ords< Det1(ls e'"losed (' t2e 1ss(3'?e't >r(eF< Te1"2('3 1'd Le1r'('3 A"t(#(t(es &he module tutor)s* will aim to combine lectures with tutorial activities. &his environment will provide opportunities for the student to understand the course material through case study and te#t and to apply it in a practical way. &he intent is to facilitate interactive class activities, and discussion about the significant role of research in a global and local business environment. 7<9 Te1"2('3 Et2os &he collegeBs approach towards teaching and learning is simple and effective. &he main aim of 9:,!, is to assist learners in ma#imising their potential by ensuring that they are taught clearly and effectively. &his will enable students to engage in the learning environment and promote success in both their academic studies and subse$uent career. 7<9<) Met2ods oF Del(#er&: LECTU%ES: &hese will be developed around the ey concepts as mentioned in the indicative course content and will use a range of live e#amples and cases from business practice to demonstrate the application of theoretical concepts. &his method is primarily used to identify and e#plain ey aspects of the subject so that learners can utilise their private study time more effectively. SEMINA%S: &hese are in addition to the lectures. &he seminars are designed to give learners the opportunity to test their understanding of the material covered in the lectures and private study with the help of reference boo s. &his methodology usually carries a set of $uestions identified in advance. Seminars are interactive sessions led by the learners. &his method of study gives the learner an e#cellent opportunity to clarify any points of difficulty with the tutor and simultaneously develop their oral communication s ills. CASE STUDIES: 2n important learning methodology is the e#tensive use of case studies. &hey enable learners to apply the concepts that they learn in their subjects. &he learners have to study the case, analyse the facts presented and arrive at conclusions and recommendations. &his assists in the assessment of the learnerBs ability to apply to the real world the tools and techni$ues of analysis which they have learnt. &he case study serves as a supplement to the theoretical nowledge imparted through the course wor . Pl13(1r(s?: 2ny act of plagiarism will be seriously dealt with according to the colleges and awarding bodiesB regulations. %n this conte#t the definition and scope of plagiarism are presented below. Plagiarism is presenting someoneBs wor as your won. %t includes copying information directly from the web or boo s without referencing the material' submitting joint coursewor as an individual effort' copying another studentBs coursewor ' stealing coursewor form another student and submitting it as your own wor . Suspected plagiarism will be investigated and if 15 D P a g e

found to have occurred will be dealt with according to the college procedure. )1or further details please refer to the plagiarism policy and the student code of conduct.* Assess?e't: T2e ?odule 4(ll >e 1ssessed ?eet('3 1ll t2e LO 1s s e"(F(ed >& t2e 141rd('3 >od&; Ed E!"el< Ple1se re1d t2e ('stru"t(o's "1reFull& 42(le 1ddress('3 t2e t1sks s e"(F(ed< Co'tr(>ut(o': )..I oF t2e ?odule Outl('e Det1(ls: re ort 1 ro! 0... 4ords< Det1(ls e'"losed (' t2e 1ss(3'?e't >r(eF

11 D P a g e

ASSESSEMENT U'(t: B * Le1r'('3 Hours: -. Hours< Course: HND Bus('ess * Le#el Ter?: Le"turer: Gle'' C1lder4ood SelFGle1r'('3 2ours: B. 2ours< C%EDIT $ALUE: )/ C%EDITS $er(F(er: Su'(t1 Kott1

"earners 0ame %e3(str1t(o' Nu?>er Le1r'ers De"l1r1t(o': I "ert(F& t21t t2e 4ork su>?(tted For t2(s u'(t (s ?& o4': S(3'ed: H1'd out D1te: 0 Aul& 7.)9 Su>?(ss(o' D1te: T2e 6ollo4('3 Se"t(o's to >e "o? leted >& t2e 1ssessor: Ce'ter N1?e: UKCBC Ce'ter Nu?>er: Please note that the assessors signature below denotes conformation that heDshe has in no way influenced the outcome of the assessment. Assessors N1?e: Gle'' C1lder4ood Assessors S(3'1ture: H1s t2e u'(t >ee' I'ter'1ll& $er(F(edJ D1te oF #er(F("1t(o': I'ter'1l #er(F(ers s(3'1ture: I'ter'1l #er(F(ers 1ss(3'?e't >r(eF: +,N

Due D1tes Issue D1te Due T1skG ) Due T1skG 7 Due T1skG 9 Due T1sk G 0

0 Aul& 7.)9 6('1l Due d1te Ad?('(str1t(o' d1te ; eGle1r'('3 >lo"ked 1Fter t2(s d1te ) O"to>er

Le1r'('3 out"o?es
O' su""essFul "o? let(o' oF t2(s u'(t 1 le1r'er 4(ll:

Assess?e't "r(ter(1 For 1ss

T2e le1r'er "1':

12

"O1 9nderstand the organisational purposes of businesses

1.1 identify the purposes of different types of organisation 1.2 describe the e#tent to which an organisation meets the objectives of different sta eholders 1.- e#plain the responsibilities of an organisation and strategies employed to meet them

"O2 9nderstand the nature of the national environment in which businesses operate

2.1 e#plain how economic systems attempt to allocate resources effectively 2.2 assess the impact of fiscal and monetary policy on business organisations and their activities 2.- evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation

"O- 9nderstand the behaviour of organisations in their mar et environment

-.1 e#plain how mar et structures determine the pricing and output decisions of businesses -.2 illustrate the way in which mar et forces shape organisational responses using a range of e#amples -.- judge how the business and cultural environments shape the behaviour of a selected organisation

"O= !e able to assess the significance of the global factors that shape national business activities

=.1 discuss the significance of international trade to 9: business organisations =.2 analyse the impact of global factors on 9: business organisations =.- evaluate the impact of policies of the European 9nion on 9: business organisations.

Out"o?es

E#(de'"e For t2e "r(ter(1 to 1ss<

Assessors de"(s(o'

I'ter'1l #er(F("1t(o' de"(s(o'< (13ree; d(s13ree)

&2S: 1. &he objective for this tas is to address and e#hibit an understanding to the Organi/ational purposes of the business. Fou are re$uired to address the tas as specified and research &esco P", to address the learning outcomes as specified. Please note that the research and subjective s ill needs to 1-

e#hibit transferable s ill by reflecting it to the chosen organi/ation. 2nswers reflected without reflective practice will be referred. Le1r'('3 out"o?e ) P 1.1 E#plain briefly the following types of P)<) P)<) (P;M;D) "O1 9nderstand the organisaitons and their (P;M;D) organisational purposes of purposes. businesses a* >irgin 7roup "&6 b* &escos P", c* 8, 6onalds d* 0ational Cealth services )0CS* 9: e* 2 corner shop near where you live. P)<7 P)<7 (P;M;D) P1.2 ,onsidering &escos (P;M;D) P",, describe the e#tent to which it meets the objectives of its different sta eholders. P)<9 ,onsidering &escos P)<9 P",, e#plain its various (P;M;D) responsibilites as an organisaiton and the strategies it employs to meet them. Su??1r(Ked 6eed>1"k For T1sk )(reFle"t('3 )<); )<7; )<9; P1ss; ?er(t 1'd d(st('"t(o'<) I$ "o??e'ts to41rds T1sk )

P)<9 (P;M;D)

TASK 7 T2e o>Ee"t(#e oF t2(s t1sk (s to 1ddress 1'd e!2(>(t 1' u'derst1'd('3 to t2e '1ture oF t2e '1t(o'1l e'#(ro'?e't (' 42("2 >us('ess o er1te< To 1ddress t2(s Le1r'('3 out"o?e; rese1r"2 Tes"o Pl" 1'd 1ddress t2e t1sk 1s s e"(F(ed< Ple1se 'ote t21t t2e rese1r"2 reFle"t('3 o'l& su>Ee"t(#e sk(lls 1'd 4(t2out reFere'"e to t2e "2ose' s"e'1r(o 4(ll >e 1 reFerred 4ork< P 7<) 7iving relevant e#amples, P7<) P7<) "O2 9nderstand th briefly e#plain how different (P;M;D (P;M;D e nature of the economic systems such as. command, national environme free enterprsie,mi#ed and transitional nt in systems attempt to allocate resources which businesses effectively operate P7<7 P7<7 P7<7 ,onsidering &escos P", 9:, (P;M;D (P;M;D assess the impact of fiscal and monetary policy on their activities

1=

P 2.- E#plain the impct

of competititon policy and other regulatory mechansism on the activities of &escos P", 9:. Su??1r(Ked 6eed>1"k For T1sk 7(reFle"t('3 7<); 7<7; 7<9; P1ss ?er(t 1'd d(st('"t(o'<) I$ "o??e'ts to41rds T1sk 7

P7<9 (P;M;D

P7<9 (P;M;D

&2S: -. &he objective of this tas is to understand the behaviour of organi/ations in their mar eting environment. &o address this learning outcome e you are suppose to continue your research on the chosen organi/ation, &esco P", and address the learning outcome as specified. P9<) LO9 9nderstand P9<) E#plain how mar et structures P 9<) (P;M;D) (P;M;D) the behaviour of determine the pricing and output organisations in deicisons of &escos P", 9:. their mar et environment P9<7 P9<7 P 9<7 %llustrate how mar et forces (P;M;D (P;M;D) shape &escos P", 9: responses using a range of e#amples. P 9<9 Eudge how the business and cultural envoronments shape the behaviour of &escos P", 9:. Su??1r(Ked 6eed>1"k For T1sk 9(reFle"t('3 9<); 9<7; 9<9; 9<0; P1ss ?er(t 1'd d(st('"t(o'<) I$ "o??e'ts to41rds T1sk 9 &2S: = &he objective of this tas is to understand the global factors and assess the significance of the global factors that shape national business activities. &o address this tas continue your research with &esco P", and address the "earning outcomes as specified. Please note wor reflected without address to the chosen organi/ation will be refereed. TASK 0 P 0<) 6iscuss the significance of "O= !e able to asse international trade to &escos P", 9:. ss P 0<7 2nalyse the impact of global factors &he on &escos P", 9:. significance of P9<9 (P;M;D) P9<9 (P;M;D)

1?

the global factors P0<9 Evaluate the impact of polciies of the that shape national European 9nion on &escos P", 9:. business activities< Su??1r(Ked 6eed>1"k For T1sk 0(reFle"t('3 0<); 0<7; 0<9; P1ss ?er(t 1'd d(st('"t(o'<) I$ "o??e'ts to41rds T1sk 0 Mer(t 3r1des 141rded M) M7 M9 P) D(st('"t(o' 3r1des D) 141rded A'& ot2er "o??e'ts Gr1de 3(#e' >& t2e Assessor: P1ss Mer(t Assessors S(3'1ture: I$ Gr1d('3 C2e"k: A3ree D(s13ree I$ s(3'1ture: D1te: Stude'ts Feed>1"k: D7 D9

P7

P9

P0

%esu>?(t :

D(st('"t(o' D1te: Co??e'ts (F 1'&: Mod(F& 3r1de to

Stude't S(3'1ture: D1te: 2ny act of plagiarism will be seriously dealt with according to the colleges and awarding bodiesB regulations. %n this conte#t the definition and scope of plagiarism are presented below. Plagiarism is presenting someoneBs wor as your won. %t includes copying information directly from the web or boo s without referencing the material' submitting joint coursewor as an individual effort' copying another studentBs coursewor ' stealing coursewor form another student and submitting it as your own wor . Suspected plagiarism will be investigated and if found to have occurred will be dealt with according to the college procedure. )1or further details please refer to the plagiarism policy and the student code of conduct.*

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ASSIGNMENT &2S: 1 to &2S: =. Fou are re$uired to follow the instructions as specified towards each tas and support with a research by using supportive materials li e boo s, websites, etc., and give a feedbac on the findings by relating your arguments to the relevant case studies as specified towards each tas .

T1sk )<
T2e o>Ee"t(#e For t2(s t1sk (s to 1ddress 1'd e!2(>(t 1' u'derst1'd('3 to t2e Or31'(K1t(o'1l ur oses oF t2e >us('ess< +ou 1re reLu(red to 1ddress t2e t1sk 1s s e"(F(ed 1'd rese1r"2 Tes"o PLC to 1ddress t2e le1r'('3 out"o?es 1s s e"(F(ed: Ple1se 'ote t21t t2e rese1r"2 1'd su>Ee"t(#e sk(ll 'eeds to e!2(>(t tr1'sFer1>le sk(ll >& reFle"t('3 (t to t2e "2ose' or31'(K1t(o'< A's4ers reFle"ted 4(t2out reFle"t(#e r1"t("e 4(ll >e reFerred< P)<)< f* g* h* i* j* E#plain briefly the following types of organisaitons and thier purposes. >irgin 7roup "&6 &escos P", 8, 6onalds 0ational Cealth services )0CS* 9: 2 corner shop near where you live.

P )<7 ,onsidering &escos P",, describe the e#tent to which it meets the objectives of its different sta eholders. P )<9 ,onsidering &escos P",, e#plain its various responsibilites as an organisaiton and the strategies it employs to meet them. TASK 7: T2e o>Ee"t(#e oF t2(s t1sk (s to 1ddress 1'd e!2(>(t 1' u'derst1'd('3 to t2e '1ture oF t2e '1t(o'1l e'#(ro'?e't (' 42("2 >us('ess o er1te< To 1ddress t2(s Le1r'('3 out"o?e; rese1r"2 Tes"o Pl" 1'd 1ddress t2e t1sk 1s s e"(F(ed< Ple1se 'ote t21t t2e rese1r"2 1A

reFle"t('3 o'l& su>Ee"t(#e sk(lls 1'd 4(t2out reFere'"e to t2e "2ose' s"e'1r(o 4(ll >e 1 reFerred 4ork< P 7<) 7iving relevant e#amples, briefly e#plain how different economic systems such as. command, free enterprsie,mi#ed and transitional systems attempt to allocate resources effectively. P 7<7 ,onsidering &escos P", 9:, assess the impact of fiscal and monetary policy on their activities. P 7<9 E#plain the impct of competititon policy and other regulatory mechansism on the activities of &escos P", 9:.

TASK 9 T2e o>Ee"t(#e oF t2(s t1sk (s to u'derst1'd t2e >e21#(our oF or31'(K1t(o's (' t2e(r ?1rket('3 e'#(ro'?e't< To 1ddress t2(s le1r'('3 out"o?e e &ou 1re su ose to "o't('ue &our rese1r"2 o' t2e "2ose' or31'(K1t(o'; Tes"o PLC 1'd 1ddress t2e le1r'('3 out"o?e 1s s e"(F(ed< P 9<) E#plain how mar et structures determine the pricing and output deicisons of &escos P", 9:. P 9<7 %llustrate how mar et forces shape &escos P", 9: responses using a range of e#amples. P 9<9 E#plain how the business and cultural envoronments shape the behaviour of &escos P", 9:. TASK 0 &he o>Ee"t(#e oF t2(s t1sk (s to u'derst1'd t2e 3lo>1l F1"tors 1'd 1ssess t2e s(3'(F("1'"e oF t2e 3lo>1l F1"tors t21t s21 e '1t(o'1l >us('ess 1"t(#(t(es< To 1ddress t2(s t1sk "o't('ue &our rese1r"2 4(t2 Tes"o PLC 1'd 1ddress t2e Le1r'('3 out"o?es 1s s e"(F(ed< Ple1se 'ote; 4ork reFle"ted 4(t2out 1ddress('3 to t2e or31'(K1t(o' "2ose' For t2e ur ose 4(ll >e reFereed< P 0<) 6iscuss the significance of international trade to &escos P", 9:. P 0<7 2nalyse the impact of global factors on &escos P", 9:. P 0<9 Evaluate the impact of polciies of the European 9nion on &escos P", 9:.

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Ass(3'?e't Gu(del('es:
9se a standard report structure, ;ord(process the report and use 0ormal script of a proper font si/e 12. Produce an academic report, detailing the above issues with a word limit of =555 to =?55 words. ,omplete the title page and sign the statement of authenticity. &he 2ssignment sheet should be attached in the front. Submit the document in a folder in the form of a file as well as a soft copy on the submission date. %t should be uploaded on E("earning platform before the deadline and submitted to (((((((( and sign the submission form of the college. 2ssignments submitted after the deadline will not be accepted unless mitigating and may be entitled for a late fee. Collus(o' 1'd Pl13(1r(s? ?ust >e 1#o(ded. Start each answer on a new page and pages should be numbered. Cighlight each $uestion clearly. %nclude a !ibliography at the end of the assignment and use the Carvard referencing system. 2ll wor should be comprehensively referenced and all sources must be fully ac nowledged, such as boo s and journals, websites )include the date of visit*, etc. &ry to give the page numbers, publishersG details and the year of publication %n order to pass you need to address all the "O %n order to get a merit you need to first pass and then address the characteristics of 81, 82,8 %n order to get a 6istinction you need to first pass, address all the merit characteristics and then address the characteristics of 61, 62 and 6-. 9se a common format for the $uestions, for e#ample. %ntroduction )analy/e the $uestion.* 9nderpinning :nowledge )write about the relevant theoryDpoints* 2pplied nowledge)6ata 2nalysis* ,onclusions and +ecommendations )summari/ing the whole scenario eeping in view pass, merit, distinction criteria.*

Stude't Feed>1"k For? 4(t2 t2e Assess?e't Gr(d ('d("1t('3 t2e(r 1ss; ?er(t 1'd d(st('"t(o': 13

N1?e: U'(t: M1'13e?e't 1""ou't('3 Out"o?es,"r(ter(1: I'd("1t(#e "21r1"ter(st("s P)< As er t2e 1ssess?e't "r(ter(1 s e"(F(ed For 1ss Do Do P9< P0< Do

%e3(str1t(o' Nu?>er: Poss(>le e#(de'"e T1sk ) 6eed>1"k

P7<

T1sk 7 T1sk 9

T1sk 0

Mer(t Des"r( t(o': 8. %dentify and apply strategies to find appropriate solutions.

. +elevant theories and techni$ues have been applied. . Effective judgments have been made. . ,omple# problems with more than one variable have been e#plored. . 2n effective approach to study and research has been used. . 2 range of methods and techni$ues has been applied. . 2 range of sources of information used. . &he selection of methods and techni$ues justified. . ,omple# informationDdata have been synthesi/ed and processed. .2ppropriate learning methodsD techni$ues applied. . 2ppropriate structure and approach has been used. . "ogical and coherent arguments have been presented . &echnical language accurately used. . 2 range of methods of presentation has been used. 25

82. SelectD design and apply appropriate methodsD techni$ues.

8-. Present and communicate appropriate findings.

. 1amiliar and unfamiliar conte#ts have been used. . %t is appropriate for familiar and unfamiliar audiences. 6istinction 6escription. 61. 9se critical reflection to evaluate own wor and justify valid conclusion. . Synthesis has been used to generate and justify valid conclusions . &he validity of results has been judged . Self(criticism of approach has ta en place. . Evaluation has ta en place using defined criteria . +ealistic improvements have been proposed against defined characteristics for success. 62. &a e responsibility for 2utonomyDindependence managing and organi/ing demonstrated activities. Substantial activitiesDprojects or investigations have been planned, managed and organi/ed. &he unforeseen has been accommodated. &he importance of interdependence has been recogni/ed. 6-. 6emonstrate convergent, %deas generate and decisions lateral and creative thin ing ta en ,onvergent and lateral thin ing have been applied ,apacity for innovation and creative thought has been used. +eceptiveness to new ideas has demonstrated. 9nfamiliar conte#ts have been applied.

Le1r'('3 out"o?es
O' su""essFul "o? let(o' oF t2(s u'(t 1 le1r'er 4(ll: "O1 9nderstand the organisational purposes of businesses

Assess?e't "r(ter(1 For 1ss

T2e le1r'er "1': 1.2 identify the purposes of different types of organisation 1.2 describe the e#tent to which an organisation meets the objectives of different sta eholders 1.- e#plain the responsibilities of an organisation and strategies employed to meet them

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"O2 9nderstand the nature of the national environment in which businesses operate

2.1 e#plain how economic systems attempt to allocate resources effectively 2.2 assess the impact of fiscal and monetary policy on business organisations and their activities 2.- evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation

"O- 9nderstand the behaviour of organisations in their mar et environment

-.1 e#plain how mar et structures determine the pricing and output decisions of businesses -.2 illustrate the way in which mar et forces shape organisational responses using a range of e#amples -.- judge how the business and cultural environments shape the behaviour of a selected organisation

"O= !e able to assess the significance of the global factors that shape national business activities

=.1 discuss the significance of international trade to 9: business organisations =.2 analyse the impact of global factors on 9: business organisations =.- evaluate the impact of policies of the European 9nion on 9: business organisations.

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