Explain how key business activities influence an engineering organisation.

Unit 4 Applied commercial and quality principles in engineering - BTEC Level 3 Foundation diploma in engineering

1. Explain how key business activities influence an engineering organisation.

2. Explain how trade considerations influence an engineering organisation.

3. Analyse how key business activities and trade considerations influence an engineering organisation, which can create a competitive advantage.

4. Evaluate, using language that is technically correct and of a high standard, how key business activities and trade considerations combine to influence an engineering organisation, which can create a competitive advantage.

Background for Task 1

You are working as a final year apprentice in a small engineering company. Your supervisor is pleased with your work, your understanding of the way in which the company operates and the efficient way in which you carry out tasks.

As a result, your supervisor has asked you to investigate ways in which the company can become more competitive and respond to trade considerations more efficiently. She wants you to explore how similar sized companies are able to gain a competitive edge over other companies, and to evaluate methods which could be used to create a competitive advantage.

Your supervisor has asked you to explore the business activities and trade considerations which influence the decisions that engineering companies make. You are to report back on these, as these will influence the competitiveness of the company.