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Assignment front Sheet

Qualification

Unit number and title

Business

01. Business Environment

Student name

Assessor name
Abroo Asad

Date issued

Completion date

Submitted on

Assignment Title

Internal and external influences on businesses

Learning
Outcome

Learning
Outcome

Assessment
Criteria

In this assessment you will have


the opportunity to present
evidence that shows you are able
to:

Task
No.

LO3

Understand
the
behaviour of
organisation
s in their
market
environment

3.1

explain how market structures


determine the pricing
and output decisions of
businesses

3.2

illustrate the way in which


market forces shape
organisational responses using a
range of examples
judge how the business and
cultural environments shape the
behaviour of a selected
organisation
discuss the significance of
international trade to UK
business organisations
analyse the impact of global
factors on UK business
organisations
evaluate the impact of policies of
the European Union on
UK business organisations

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

M1: identify and apply


strategies to find
appropriate solutions

Effective judgments have been


made
An effective approach to study
and research has been applied

To achieve M1, you will make


effective judgments about the
market structures and their
impacts.

M2: Select/design and apply


appropriate
methods/techniques

Appropriate learning
methods/techniques have been
applied

M3: Present and


communicate appropriate
findings

Communication is appropriate
for familiar and unfamiliar
audiences and appropriate
media have been used

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 M3, the work you
present shall be in a suitable
business format and will use
business terminology accurately

D1: Use critical reflection to


evaluate own work and
justify valid conclusions

Conclusions have been arrived


at through synthesis of ideas
and have been justified
Realistic improvements have
been proposed against defined
characteristics for success

D2: Take responsibility for


managing and organizing
activities

Activities have been managed

D3: Demonstrate
convergent/lateral/creative
thinking

Self-evaluation has taken place

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.
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

Assignment Brief
Unit number and title

01. Business Environment

Qualification

Pearson BTEC Level 5 HND Diploma in Business

Start Date
Deadline/hand in
Assessor

Abroo Asad

Assignment Title

Internal and external influences on businesses

Purpose of this assignment


This assignment should provoke understanding of different organisations, the

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.

Task 1 (L.O. 3: 3.1,3.3 and M1, M2, D1)

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.

Task 2 (L.O.3.2,4.1,4.2,4.3 and M3,D2 and D3)

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

Summary of evidence required by student

Evidence presented

Task1
Task 2

Achievement Summary
Qualification

Business

Assessor

Unit Number
and Title

01.Business Environment

Student Name

Abroo Asad

Criteria
Reference

To achieve the criteria the evidence must show that the


student is able to:

LO 3
3.1

compare the competetive and imperfect market structures

3.2
3.3
LO 4
4.1

4.2
4.3

Achieved?
(tick)

explain how organizations change their output and pricing


policies as an organisation moves more towards perfect
competetiopn.
evaluate the different approaches that airbus has adopted to
target new market segments
explain the nature of factors that would contibute more to the
positive movement in the gross domestic product of an
economy.
discuss and evaluate the impacts of the above mentioned
factors and the extent to which they have an impact.
evaluate the impact of European Union on the functioning of
the organisations in UK.

Higher Grade Achievements (where applicable)


Grade descriptor

Achieved?
(tick)

Grade descriptor

M1: Identify and apply


strategies to find appropriate
solutions

D1: Use critical reflection to


evaluate own work and justify
valid conclusions

M2: Select/design and apply


appropriate
methods/techniques
M3: Present and
communicate appropriate
findings

D2: Take responsibility for


managing and organizing activities
D3: Demonstrate
convergent/lateral/creative
thinking

Assignment Feedback
Feedback: Assessor to Student
Formative Feedback 1

Achieved?
(tick)

Formative Feedback 2

Action Plan

Summative Feedback

Feedback: Student to Assessor

Assessor Signature

Date

Student Signature

Date