Professional Documents
Culture Documents
Qualification
Business
Student name
Assessor name
Abroo Asad
Date issued
Completion date
Submitted on
Assignment Title
Learning
Outcome
Learning
Outcome
Assessment
Criteria
Task
No.
LO3
Understand
the
behaviour of
organisation
s in their
market
environment
3.1
3.2
3.3
LO4
Be able to
assess the
significance
of the global
factors that
shape
national
business
activities
4.1
4.2
4.3
Evidence
(Page
no.)
Learner declaration
I certify that the work submitted for this assignment is my own and research sources are fully
acknowledged.
Student signature:
Date:
In addition to the above PASS criteria, this assignment gives you the opportunity to submit
evidence in order to achieve the following MERIT and DISTINCTION grades.
Grade Descriptor
Indicative Characteristic/s
Contextualization
Appropriate learning
methods/techniques have been
applied
Communication is appropriate
for familiar and unfamiliar
audiences and appropriate
media have been used
D3: Demonstrate
convergent/lateral/creative
thinking
Assignment Brief
Unit number and title
Qualification
Start Date
Deadline/hand in
Assessor
Abroo Asad
Assignment Title
influence of stakeholders and the relationship between businesses and the local, national
and
global environments.Candidates should be able to analyse the impacts of internal and
external factors on businesses along with the impacts of these organisations on a countrys
economy.
Scenario
1.Air
bus a large aircraft manufacturing company announced in 2007 that its goal
was to increase $475 million research budget by 25% in order to try to develop a
more environment friendly aircraft that had lower fuel consumption. Economics
textbooks sometimes criticize firms in imperfect competition as being against public
interest.
2.In 2005 London energy stated that as a company it invested millions of pounds in
improving efficiency to reduce costs. However as world energy prices had increased
it had been forced to increase the price it charged to customer. London energy has
ceased to be a monopoly supplier in the region.
Using scenario 1
How far does airbus announcement prove text books wrong?(3.1)
Do research on Air bus and evaluate how the changing preferences and needs along
with social and cultural changes have changed the behavior of this organization?
(3.3)
To achieve M1, you will make effective judgments about the market structures and their impacts.
To achieve M2, you will have used suitable techniques to explore the impacts of all global changes
such as economic boom,unemployment etc on the businesses.
To achieve D1, you will have reached conclusions which clarify the impact of organisations on the
economy and the impact of various factors on these organisations.
Analyze how price and output might change as a market structure becomes more
competitive(3.2)
What are the internal and external factors that would lead to an improvement in
UKs GDP(4.1)
How far do you think these external factors have influenced UKs GDP(4.2)
Discuss whether trade agreements such as EU encourage or discourage businesses
in UK(4.3)
To achieve M3, the work you present shall be in a suitable business format and will use business
terminology accurately
To achieve D2, you will have demonstrated an effective approach to independent research and study
and will have met the deadline to submit the tasks and meet the unit assessment criterion
To achieve D3, you will demonstrate self evaluation in your work and show critical analysis of your
proposed solutions
Evidence
checklist
Evidence presented
Task1
Task 2
Achievement Summary
Qualification
Business
Assessor
Unit Number
and Title
01.Business Environment
Student Name
Abroo Asad
Criteria
Reference
LO 3
3.1
3.2
3.3
LO 4
4.1
4.2
4.3
Achieved?
(tick)
Achieved?
(tick)
Grade descriptor
Assignment Feedback
Feedback: Assessor to Student
Formative Feedback 1
Achieved?
(tick)
Formative Feedback 2
Action Plan
Summative Feedback
Assessor Signature
Date
Student Signature
Date