identify the purposes of different types of organisation.
cThe Ibusiness and its environment
Purpose
The purpose of this assignment is to provide evidence of your understanding of different organisations, the influence of stakeholders and the relationship between businesses and the local, national and global environment within which they operate.
Learning Outcome/Assessment Criteria
LO 1 P1.1 identify the purposes of different types of organisation
LO 1 P1.2 describe the extent to which an organisation meets the objectives of different stakeholders
LO 1 P1.3 explain the responsibilities of an organisation and strategies employed to meet them
LO 2 P2.1 explain how economic systems attempt to allocate resources effectively
LO 2 P2.2 assess the impact of fiscal and monetary policy on business organisations and their activities
LO 2 P2.3 evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
LO 3 P3.1 explain how market structures determine the pricing and output decisions of businesses
LO 3 P3.2 illustrate the way in which market forces shape organisational responses using a range of examples
LO 3 P3.3 judge how the business and cultural environments hape the behaviour of a selected organisation
LO 4 P4.1 discuss the significance of international trade to UK business organisations
LO 4 P4.2 analyse the impact of global factors on UK business organisations
LO 4 P4.3 evaluate the impact of policies of the European Union on UK business organisations
LO 1 M1 identify and apply starategies to find appropriate solutions
LO 3 M2 select /design and apply appropriate methods /techniques
LO 4 M3 present and communicate appropriate findings
LO 4 D1 use critical reflection to evaluate own work and justify valid conclusions.