Assignment front sheet
Qualification

Unit number and title

Pearson BTEC Level 5 HND Diploma Business

Unit 1: Business Environment

Learner name

Assessor name

Nour Hawarneh
Date issued

Completion date

Submitted on

Nov 08, 2015

Jan 18, 2016

Assignment title

Your company’s environment

LO2

LO3

Assessment
Criteria

In this assessment you will have the opportunity to present evidence that shows you are able to:

1.1

organisational purposes of businesses Identify the purposes of different types of organisation

1

1.2

Describe the extent to which an organisation meets the objectives of different stakeholders

1

1.3

LO1

Learning outcome Understand the

Learning
Outcom
e

Explain the responsibilities of an organisation and strategies employed to meet them

2.1

Explain how economic systems attempt to allocate resources effectively

2

2.2

Assess the impact of fiscal and monetary policy on business organisations and their activities
Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation 2

Understand the nature of the national environment in which businesses operate Understand the behaviour for oganisations in their market environment 2.3
3.1

LO4

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

3.3
Be able to assess the significance of the global factors that shape national business activities

1

Explain how market structures determine the pricing and output decisions of businesses

3.2

Task Evidence no. (Page no)

4.1

Discuss the significance of international trade to business organisations

4.2

Analyse the impact of global factors on business organisations 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
M1 Identify and apply strategies to find appropriate solutions

Indicative characteristic/s
Effective judgements have been made.
An effective approach to study and research has been applied.

M2 Select / design and apply appropriate methods / techniques
Appropriate learning methods/techniques have been applied.

Contextualisation
To achieve M1, you will make effective judgements about factors affecting organisational competitiveness in a company such as Lynn.
(Task 1)
To achieve M2, you will have used suitable techniques to explore the nature of resources allocation and its link to both monetary & fiscal policies and their impact on Lynn.
You will have carried out an in-depth analysis to explore the nature of prices & output at Lynn affected by market structure(s). (Task 1 & 2)

M3 Present and communicate appropriate
Communication is appropriate for familiar and findings unfamiliar audiences and appropriate media have been used.

To achieve M3 the work you present will be presented in suitable business formats and will use business terminology accurately. D1 Use critical reflection to evaluate own work and justify valid conclusions

To achieve D1 you will have reached conclusions which
Conclusions have been arrived at through synthesis of ideas and have been justified.
Realistic improvements have been proposed against defined characteristics for success.

(Task 2)

draw out the links between types of organization, company responsibility and the national environment your company is operation at. You will provide an evaluation which will suggest how this knowledge might be of value to senior staff to help improve the performance at Lynn
(Tasks 1)

D2 Take responsibility for managing and organising activities

D3 Demonstrate convergent /lateral / creative thinking

Activities have been managed.

innovation and creative thought have been applied 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 achieve the unit assessment criteria.
(Tasks 1 & 2)
You will have come up with creative but logical ideas in relation to Lynn expansion regionally and/or internationally that should have your own evaluation.
(Task 2)

Assignment brief
Unit number and title

Unit 1: Business Environment

Qualification

Pearson BTEC Level 5 HND Diploma in Business

Start date

Nov 08, 2015

Deadline/hand-in

Jan 18, 2016

Assessor

Eias Alhumdan

Assignment title

Your company’s environment

Purpose of this assignment
The aim of this assignment is to provide you with an understanding of different organisations, the influence of stakeholders and the relationship between businesses and the local, national and global environments.
Scenario

Lynn is a Syrian Private limited Company based in Damascus. Lynn is a manufacturer and seller of women pyjamas targeting mid-age. It’s been established since 1995 and quickly acquired noticeable market share with considerable profits during the last few years despite the fierce competition. This might be due to the expert designers and the quality of fabrics the company is possessing. Lynn has benefited from government subsidies but negatively influenced by Globalization & some regulations.
As a Management Consultant, you have been asked to produce a professional business report to assess the current environment Lynn is operating at and recommend new policies and/or expansion strategies that may be beneficial for the company.
Learners are expected to comply with the assessment criteria while drafting their report.

Task 1 (L.O. 1: 1.1, 1.2, and M1, M2, D1)
You have been asked to provide a business report; two main issues should be highlighted here as first task: organisational purposes of Lynn that should include: types of organisations, stakeholder analysis and Lynn’s responsibilities.
The second issue is the national environment in which Lynn is operating that includes: allocation resources mechanism, Fiscal & Monetary polices along with competition policy. You have investigated a number of points to support the points you want to make.
You need to address Lynn’s type of organization compared to other types, its stakeholders as from your own prospective and Lynn’s main responsibilities.
Further, you should analyse the way resources are allocated where Lynn is operating and its impact on Lynn, how tools of both monetary & fiscal policies might affect Lynn along with competition analysis.
To achieve M1, you will make effective judgements about factors affecting organisational competitiveness in a company such as Lynn.
To achieve M2, you will have used suitable techniques to explore the nature of resources allocation and its link to both monetary & fiscal policies and their impact on Lynn.
To achieve D1 you will have reached conclusions which draw out the links between types of organization, company responsibility and the national environment your company is operation at. You will provide an evaluation which will suggest how this knowledge might be of value to senior staff to help improve the performance at Lynn
Task 2 (LO2: 2.1, 2.2, 2.3, and M2, M3, D2, D3s)
The second section of your report should present market environment & global issues relating to Lynn.
You need to show how market structures affect the pricing & output decision at Lynn. Further you are required to point out the market forces that affect Lynn’s performance as well as the cultural environment at Lynn.
You are also requested using appropriate terminologies how Lynn may be affected by global & international issues.
To achieve M2, you will have carried out an in-depth analysis to explore the nature of prices & output at Lynn affected by market structure(s).
To achieve M3 the work you present will be presented in suitable business formats 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 achieve the unit assessment criteria. To achieve D3 you will have come up with creative but logical ideas in relation to Lynn expansion regionally and/or internationally that should have your own evaluation.

Achievement Summary
Qualification
Unit Number and title Criteria
Reference
LO 1
1.1
1.2
1.3
LO 2
2.1
2.2
2.3

Pearson BTEC Level 5 HND
Diploma in Business

Unit 1: Business Environment

Assessor name

Eias Alhumdan

Student name

To achieve the criteria the evidence must show that the student is able to:

Achieved?
(tick)

Identify the purposes of different types of organisation
Describe the extent to which an organisation meets the objectives of different stakeholders
Explain the responsibilities of an organisation and strategies employed to meet them
Explain how economic systems attempt to allocate resources effectively
Assess the impact of fiscal and monetary policy on business organisations and their activities
Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation

LO 3
Explain how market structures determine the pricing and output decisions of businesses
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
LO 4
Discuss the significance of international trade to business organisations
Analyse the impact of global factors on business organisations

Higher Grade achievements (where applicable)
Grade descriptor

M1: Identify and apply strategies to find appropriate solutions

Achieved?
(tick)

Grade descriptor

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 thinking Achieved?
(tick)

Assignment Feedback
Feedback: Assessor to Student

Action Plan

GRADE

Feedback: Student to Assessor

Assessor Signature

Date

Student Signature

Date

QCF BTEC
INTERNAL VERIFICATION – ASSESSMENT DECISIONS
Programme title
Assessor

Internal Verifier

Unit(s)
Assignment title
Learner’s name
List which assessment and grading criteria the assessor has awarded. Pass

Merit

INTERNAL VERIFIER CHECKLIST

Distinction

Comments

Do the assessment criteria awarded match those targeted by the assignment brief? Y/N

Has the work been assessed accurately?

Y/N

Is the feedback to the learner:






Constructive?
Linked to relevant assessment and grading criteria? Identifying opportunities for improved performance? Agreeing actions?

Does the assessment decision need amending? Y/N

Y/N

Assessor signature

Date

Internal Verifier signature Date

Lead Internal Verifier signature (if required)

Date

Confirm action completed
Remedial action taken
Assessor signature

Date

Internal Verifier signature Date

Lead Internal Verifier signature (if required)

Date