BTEC Business National L3 – Unit 5 – M2 checklist

Unit 5 – M2 checklist
 Make sure you have your full name on your work and save the document as name – unit 5.
 You should always have Unit 5 as the title at the top of the document.
 You are writing on the same document for all your tasks so far.
 You should have all subheadings in bold or underlined and bigger text than main writing. Main
writing should be size 10 no bigger than size 12. Headings size 12 or 14.

 Keep paragraphs to maximum 6-8 lines long. Start a new paragraph when you get to this point.
 Always add in the task titles – e.g. P4 Explore the role of trading blocs on international trade.
 Make sure you have a bibliography with all the website links used. Use the internet to help you
with each task. Make sure to add in evidence to support your work.
Graphs/Data/Screenshots/Articles/Images.

Add this heading:

B.M2: Analyse the barriers to two contrasting businesses of operating internationally.

BTEC Business National L3 – Unit 5 – M2 checklist

New subheading: Protectionism Use internet

to help you.
o Explain what it is? Why it is used?

o Who is being protected?

Use textbook
to help you.
o Give at least 1 way protectionism can be beneficial to
Chillys’s and 1 way for Polyco? Does it make it easier to
export for example. Give different reasons for each
Make sure
business.
you add to
your
o Give at least 1 way this limits Chilly’s and 1 way for Polyco?
bibliography
Does it raise costs for example? Give different reasons for
–1
each business.
bibliograhy
for whole
o Which of the two businesses do you think will be affected
coursework
more? Why? Explain in detail. Use internet or textbook to
help you.

New heading: Different Methods for protecting markets:

1. Tariffs

2. Customs duties

3. Currency restrictions

4. Quotas

5. Subsidies

6. Legal restrictions

 For each of the above:

o Explain what it is
BTEC Business National L3 – Unit 5 – M2 checklist

o What is the impact of following this?

o 2 Positives and 2 negatives.
o Does this relate to your businesses, if so, how. It could
relate to one but not the other.
o Make sure you have explained - What is the impact on the 2
business.

o Which of the two businesses do you think will be affected

more? Why?

New subheading - Barriers to trade:

List all of the barriers below in your work.

o Trade restrictions

o Exchange rate volatility

o Legal and regulatory systems

o Financial requirements

o Operating risks

o Economic sanctions

 Now pick 3 barriers to trade which are most relevant to your

businesses- try to choose different ones for the 2 businesses.

o Explain what it is

o What is the impact on the business? 2 Positives and 2

negatives.
BTEC Business National L3 – Unit 5 – M2 checklist

o Explain how it affects the business in terms of the structure

of the business. Does it make it a flatter structure? (less
staff/levels of employees) or More hierarchical? (more
layers/levels of staff)

o Explain if it helps the business be more centralised or a

decentralised business or vice versa? Has each raised costs?
Use the textbook and then the internet here to check what
these terms mean.
o Which of the two businesses do you think will be affected
more?