Assignment title UNIT 1 BUSINESS ENVIRONMENT 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. Evidence (Page no) LO1 Know the range of different businesses and their ownership P1 Describe the type of business, purpose and ownership of two contrasting businesses 1 P2 Describe the different stakeholders who influence the purpose of two contrasting businesses 2 P3 Describe how two businesses are organised 3 P4 Explain how their style of organisation helps them to fulfil their purposes 4 LO2 Understand how businesses are organised to achieve their purposes M1 Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations. 5 D1 Evaluate the influence different stakeholders exert in one organisation. 6 LO3 Know the impact of the economic environment on businesses P5 Describe the influence of two contrasting economic environments on business activities within a selected organisation 7 P6 Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders 8 M2 Compare the challenges to selected business activities within a selected organisation, in two different economic environments 9 M3 Analyse how political, legal and social factors have impacted on the two contrasting organisations. 10 LO4 Know how political, legal and social factors impact on business. D2 Evaluate how future changes in economic political, legal and social factors, may impact on the strategy of a specified organisation 11 Learner declaration I certify that the work submitted for this assignment is my own and research sources are fully acknowledged. Student signature: Date:Assignment brief Unit number and title Y/502/5408 Qualification BTEC NATIONAL LEVEL 3 DIPLOMA IN BUSINESS Start date Deadline/hand-in Assessor Assignment title UNIT 1 BUSINESS ENVIRONMENT Purpose of this assignment The purpose of the assignment to help learners to build on experiences of studying about organisations and businesses. The learners will consider the purposes of different organization and influence of stakeholder and how businesses organize themselves through strategic planning and organization structure. Scenario Know the range of different business and their ownership. Prepare a factsheet for your CEO. Your CEO will use this information at the meeting. You have been asked to prepare a factsheet on 2 businesses. Ensure that you have written a brief introduction to the topic and a conclusion. Your factsheet should include information about two different businesses. Task 1 (LO 1) P1 (Factsheet) A description of the business Size and scale of business Business ownership type and Information about liability for debts To achieve the P1, learner has to produce a factsheet. Guidance: See the template below Business 1 (Ryan Air) Business 2 (Impact College) Description of business (facts, background, main product/service Size and Scale (e.g local, national, international, number of employees or branches Ownership (e.g. public, private, charity), sole trader, partnership, private or public Task 2 & 3 (LO2 ) – P2 & P3 (Report 250 words) Scenario The learner is required to look at Impact College and Ryanair. The learner will be required to watch this youtube video “Organisational Structures” (https://www.youtube.com/watch?v=Chb3Mk7wVVQ) and ( http://www.bbc.co.uk/news/business-22888304 ) in class and carry out research on Impact college and Ryan air and then complete the report To achieve P2 & P3 learner will need to research the following for both companies (Report)  What do they sell (Product/ service) describe e.g. air travel / provide an education  Organisational structure e.g hierarchy structure / matrix/ flat. What are the advantages and disadvantages of these types of structures Functional areas: list the key areas or departments they have in organisation. E.g. IT, marketing  Type of structure. E.g. function/geographical/product / types of customers  Communication: oprn / closed  Span of control: narrow or wide Task 4 (P4) Explain how the style of organisation helps your tow businesses fulfil their purpose (Report 250 words ) The learner is required to explain how the organisational structure and strategic planning help the businesses to achieve their purpose and aims To achieve P4, the learner is required to research the following information in both organisatons:  What is the purpose of the organistaion e.g. to create excellent shakes/ to provide good deals to customers  Research the company aims, these will be different for private and public organistaions. E.g breakeven, survival, profit, growth, etc  What is their strategic planning process?  What are the strategic aims and objectives?  What are the mission statements and values of the company? Task 5, 6, 7 (P2, M1, D1) (Report 200 words) Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations. You have to prepare a report that present differnet stakeholders viewpoints that are involved in the business (Ryan air and Impact College). The report should include  a description of internal and external stakeholder  a brief description of business  viewpoints of internal and external stakeholders  say how their view influence the purpose of the business Task 8 (M1) (Report 200 words) Explain the points of view of each stakeholder  an explaination of different points of view of each stakeholder  state the aim of each stakeholder is trying to achieve e.g. to maximise profit, or to minimise carbon footprint (refer to P4) Guidance to achieve M1  In your report each stakeholder view points should be presented in a table or via bullet points Task 9 (D1) Report (250-300 words) Evaluate the influence different stakeholder exert in one organisation Guidance: The learner is required to write a report about how powerful different stakeholders and how they have influences the plans for the expansion of the organisations. You need to produce An evaluation of the influence of different stakeholders A priority ranking of the stakeholders eg. 1-important, 5 least important A statement about the importance of each stakeholder and why you believe this to be the case.Task 10 (P5, P6, M2 & M3) Report 250-300 words P5- Describe the influence of two contrasting economic environments on business activities within a selected organization. P6- Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders M2 - Compare the challenges to selected business activities within a selected organisation, in two different economic environments M3 - Analyse how political, legal and social factors have impacted on the two contrasting organisations. Scenario Learner need to explain the influence of two different legal, social and political environments on the business activities of the organisation(s) Leanrer will be given different organisation to focus on. To achieve P5, P6, M2, and M3, they are required to 1. Research their organisation e.g. Tesco 2. Research a range of topics (Political, legal, social) and their impact on business and its stakeholders 3. Say how these factors affect the business operating abroad in a different environment Guidance: Example of McDonalds operating in UK and Bangladesh Political issues Legal issues Social issues Issue 1 How it affect the business, examples Issue 1 How it affect the business, examples Issue 1 How it affect the business, examples Issue 2 How it affect the business, examples Issue 2 How it affect the business, examples Issue 2 How it affect the business, examples Political issues that affect business – Membership of international trading bodies, taxation, political stability Legal issue – consumers protection, EU Law, Employment law, wage regulations Social issues – education , religion, ethics, CSR Task 11 (D2) Report 300 words Evaluate how future changes in economic political, legal and social factors, may impact on the strategy of a specified organisation. Scenario: Using the information you gathered in Task 7, evaluate how future changes in political, legal and social factors could impact on the strategy of each business you investigated. The evaluation should be presented as a formal document as it will accompany the report you produced in Task 10 Guidance: • Include examples of possible political, legal and social factors which could impact on each organisation’s business strategy in the future • Explain how those factors would influence the strategic planning of each business • Compare and contrast how each business would be influenced by future changes. Evidence checklist Summary of evidence required by student presented Evidence Task 1 Fact sheet Task 2 & 3 ReportTask 4 Report Task 5, 6, 7 Report Task 8 Report Task 9 Report Task 10 Report Task 11 ReportAchievement Summary Qualification BTEC NATIONAL LEVEL 3 DIPLOMA IN BUSINESS Assessor name Unit Number and title UNIT 1 BUSINESS ENVIRONMENT (Y/502/5408) Student name Criteria Reference To achieve the criteria the evidence must show that the student is able to: Achieved? (tick) P1 Described two businesses (P1) P2 Described stakeholders for each business (P2) P3 Describe how two businesses are organised (P3) P4 Explain the style of organisation (P4) P5 Describe the influence of two economic factors (P5) P6 Describe P.E.S.T.L.E and how it impacts stakeholders(P6) M1 Explain the points of view of different stakeholders (M1) M2 Compare the challenges to a selected business of two different economic environments (M2) M3 Analyse P.E.S.T.L.E and its impact of two organisations (M3) D1 Evaluate the influence different stakeholders exert on one organisation (D1) D2 Evaluate how future changes in P.E.S.T.L.E will impact on a business (D2) Higher Grade achievements (where applicable) Grade descriptor Achieved? (tick) Grade descriptor Achieved? (tick) 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 D2: Take responsibility for managing and organising activities M3: Present and communicate appropriate findings D3: Demonstrate convergent/lateral/creative thinkingIndicative reading for learners Textbooks Bevan J, Dransfield R, Coupland-Smith H, Goymer J and Richards C – BTEC Level 3 National Business Student Book 1 (Pearson, 2009) ISBN 9781846906343 Bevan J, Goymer J, Richards C and Richards N – BTEC Level 3 National Business Student Book 2 (Pearson, 2009) ISBN 9781846906350 Coupland-Smith H and Mencattelli C – BTEC Level 3 National Business Teaching Resource Pack (Pearson, 2009) ISBN 9781846906367 Dransfield and Needham – GCE AS level Business ISBN 0435401149 Jewell B – An Integrated Approach to Business Studies (Longman, 2000) ISBN 0582405424 Letts – Revise AS Business Studies (Letts Educational Ltd, 2004) ISBN 1843154242 Marcouse, Surridge, Watson and Swift – Business Studies for A level (Hodder, 2008) ISBN 0340966904 Marcouse I and Lines D – Business Case Studies, AS and A Level, 3rd Edition (Longman, 2002) ISBN 0582406366 Palmer and Hartley – The Business Environment (McGraw-Hill, 2006) ISBN 0077109902 Worthington and Britton – The Business Environment (Financial Times/Prentice Hall, 2006) ISBN 0273704249 Journals Business Review Magazine (Phillip Allan Publishers – see www.phillipallan.co.uk) The Economist (The Economist Newspaper Group Inc) Newspapers Quality newspapers – especially the business sections