RDI/EDEXCEL Level 5 BTEC Higher Nationals Programme: Business Module: Business Environment Assignment

Date for Submission: 29th October 2010

Assignment set by Colin Price .

. objectives and responsibilities of an organisation within its environment LO 2 Investigate the economic. How are they able to influence and monitor its mission and objectives? c) How does the organisation ensure that its social responsibilities are met? Task 2 – The economic. c) Explain how your own country balances its policy requirements for social welfare with those for industrial and trade development. social and global environment Learning Outcome 2 (1000 words) a) Explain the concept of the mixed economy using examples to support your answer. evaluate how government interventions in macro-economic policy can impact on levels of employment.Learning Outcomes To achieve a pass in this unit the student must: LO 1 Identify the mission. What do you conclude? b) Using examples. social and global environment in which organisations operate LO 3 Investigate the behaviour of organisations and the market environment LO 4 Explore the significance of international trade and the European dimension for UK businesses Task 1 – The mission. For this organisation: a) Explain the organisation’s objectives and critically evaluate how these relate to its mission and values. objectives and responsibilities of an organisation Learning Outcome 1 (1000 words) Choose an organisation with which you are familiar: either the one where you currently work. b) List the organisation’s principal stakeholders. a previous employer or one for which you have access to the required information.

You should write this assignment in report style.Task 3 – The behaviour of organisations and the market environment Learning Outcome 3 (1000 words) Choose an industry with which you are familiar: either the one in which you currently work. b) Describe and discuss the main cultural factors that would influence an international organisation starting to do business in your country c) Critically evaluate the impact of Economic and Monetary Union (EMU) on UK businesses. How have organisations responded to remain competitive? b) Explain the meaning of perfect competition. Evaluate the extent to which your chosen industry’s structure fits with your definition? c) Identify three regulatory mechanisms that are in force across the industry. or another one for which you have access to the required information. How is compliance monitored? Task 4 – The significance of international trade and the European dimension for UK businesses Learning Outcome 4 (1000 words) a) Explain the implications of the European Working Time Directive (EWTD) for businesses operating in its member states. For this industry: a) Identify three distinct areas in which new technologies have impacted on your industry. although a formal report structure will not be required. . Student Guidelines 1.

Industry regulators. All tasks must be completed in the word limit of 4000 words excluding table of contents. You may also wish to locate and use web sites relating to: • • • • = • Organisations used as examples. The European Union.co. These sites will often include: mission statements. You could also explore the EBSCO Business Source Elite resource available on iLearn. Resources As well as the online courseware. diagrams. . 3. 4. You should use diagrams and tables of figures where appropriate ensuring to reference their source.uk and online newspapers) that cover business and economic topics. references and appendices. bbc. You should include a bibliography using the Harvard referencing system.g. Media (e. statutory financial reports and statements relating to corporate social responsibility. you will find that the companion textbook includes a lot of useful information.2. Consumer groups.

Grading Criteria ~ Module 4 – The Business Environment .

values and key objectives of • There is a high level of critical analysis and M2. lateral & creative theories and models to address the measures and the influence of the global economy thinking. on organisations and stakeholders • Ideas are evaluated for their validity & realism LO 3 Investigate the behaviour of organisations and in the context of the organisation or industry the market environment • Understanding of limitations of theories and • explain how market structures in practice deviate models that are applied.To achieve a PASS GRADE the evidence must show To achieve a MERIT GRADE the evidence must show To achieve a DISTINCTION GRADE the evidence must that the student is able to meet all of the learning outcomes: that the student is able to: Show that the student is able to: LO 1 Identify the mission. • Discussions progress logically to clear achieves the objectives of stakeholders using a range of frameworks leads to clear and conclusions. learning outcomes. • explain the responsibilities of an organisation and compelling conclusions. the example. There is little discussion of what has been found through research with limited application of research to practice. . • explain how economic systems attempt to allocate M3 – Select design and apply appropriate and make effective use of resources • Extensive use of quality information sources methods/techniques • discuss the impact of social welfare and industrial • Assignment well-structured and presented • Some evidence of reading beyond the policy initiatives on organisations and the wider basic course materials • Assignment is completed fully to deadline community • Ability to select and apply appropriate • evaluate the impact of macro economic policy D3 – demonstrate convergent. • The relationship between an organisation strategies employed to meet them and its operating environment is LO 2 Investigate the economic. from the model of perfect competition • use a range of examples to illustrate the relationship between market forces and organisational responses • explain the behaviour and competitive strategies employed by an organisation and discuss the role of the Competition Commission and regulatory bodies LO 4 Explore the significance of international trade and the European dimension for UK businesses • discuss the importance of international trade.Identify and apply strategies to find an organisation and assess the influence of argument.Use critical reflection to evaluate your own responsibilities of an organisation within its work & justify valid conclusions • A clear and well-structured report environment • Use of Harvard referencing throughout • identify the mission. objectives and M1 – Present and Communicate Findings D1 . social and global D2 – take responsibility for managing and demonstrated through detailed analysis of environment in which organisations operate organising activities. appropriate solutions stakeholders • Theory and practice are well-integrated • Material is well-focussed • evaluate the extent to which an organization • In depth analysis of the example organisation. economic integration and global markets to business organisations • analyse the impact of policies of the European Union on business organisations • explain the economic implications of entry into EMU The work adequately covers the descriptive elements of the brief but little attempt has been made to analyse or evaluate the information presented.

Merit and Distinction grades are awarded for higher-level achievement.Performance Criteria Each unit will be graded as a Pass. . Merit or Distinction. A pass is awarded for the achievement of all outcomes against the specified assessment criteria.