...Subsidiary Diploma in Business BTEC Level 3 Diploma in Business Year 12 BTEC Level 3 Subsidiary Diploma in Business BTEC Level 3 Diploma in Business Unit 1- The Business Environment Unit 1- The Business Environment | Student name | ------------------------------------------------- Assessor name | | | Date issued | Completion date | Submitted on | 5th September 2013 | 29th November 2013 | 2nd December 2013 | Qualification | Unit number and title (Credit Value) | BTEC Level 3 Subsidiary Diploma in BusinessBTEC Level 3 Diploma in Business | Unit 1- The Business Environment Credit Value- 10 | | | Assignment title | | The aim of this unit is to give learners the fundamental knowledge of a range of business organisations, and the many factors that shape the nature of organisations operating in an increasingly complex business world. | | Assignment title | | The purpose of this assignment is to: 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purposes 3. Know the impact of the economic environment on businesses 4. Know how political, legal and social factors impact on business. | ScenarioYou work for the Chamber of Commerce as a Business Adviser and have been asked to visit businesses in the local area to outline to them the variety of businesses which exist and to explain to them the factors which can impact businesses. | ...
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... Business Environment |Unit 1 | |Learner Name: |Date issued: | | |Learner Reg. No. : |Date due for return: | | |Teacher: |Mr O Henry |Date submitted: | | |Email: |o.henry@stthomasmoreschool.org.uk | | | Learning outcomes On completion of this unit a learner should: • Know the range of different businesses and their ownership • Understand how businesses are organized to achieve their purposes. • Know the impact of the economic environment on businesses. • Know how political, legal and social factors impact on business. Unit content 1 Know the range of different businesses and their ownership Range of different businesses: local; national; international; global; public; private; not-for-profit/voluntary; sectors of business activity (primary, secondary and tertiary) Business purposes: supply of products or services; difference between profit and not-for profit organisations Ownership: public, private...
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...BTEC Level 3 in Business – Unit 1 – The Business Environment Context Think of a business as a ship on the high seas. The captain and crew of the ship are steering the ship on its journey but the ship is also affected by other influences such as the weather, tides and currents. The captain and crew have no control over these but they must be able to respond effectively to the intervention of events such as a storm in order for the ship to successfully complete its voyage. Just like a ship has to respond to the influences of its environment (the ocean) a business must also react to a number of factors that will be beyond its control. These can come from hugely varied sources, from the weather to a war on the other side of the world. The economy and government attempts to control it are more obvious influences on business activities but how each business will be affected are vastly different. During this unit you will investigate the differences in businesses; how they are run organised and influenced. Why certain businesses are organised in different ways and which individuals and organisations are interested in the progress of different businesses. By the end of this unit you should understand: • The range of different businesses and their ownership. • How businesses are organised to achieve their purposes. • The impact of the economic environment on business. • How political, legal and social factors impact on a business. Scenario A bank wants...
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...BTEC LEVEL 3 Unit 1 THE BUSINESS ENVIRONMENT ASSIGNMENT ONE Within this unit you will consider the different types of businesses and sectors, their strategic plans and consider their main stakeholders. In the second half, you will be considering the impact of external influences (political, legal and social) on businesses. Scenario: You are a junior journalist working for the Business Review. You have been asked to write an article for prospective businessmen and women thinking of setting up a new business. Most businessmen and women you have spoken to are not sure about the legal ownerships and activities of businesses generally. They also feel they require more information regarding how some local, national, international and global businesses operate. You should research two organisations; one should be a not-for-profit organisation and the other a for-profit organisation. (For-profit organisation should be McDonalds; you must now select a not-for-profit organisation of your choice). P1: describe the type of business purpose and ownership of two contrasting businesses. Here you will need to include all the information outlined below: 1. TYPE OF BUSINESS BY SECTOR The type of business in terms of: * Geographical scope (local, national, international or global) * Sector (primary, secondary, tertiary) * Type of goods/services offered 2. TYPE OF OWNERSHIP * Describe the different types of ownerships (Public/private sector; sole...
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...work in the business section of the Gulf News. The Newspaper has asked you to put together a small guide for the readers to understand more about two businesses. They want you to focus on two contrasting companies; this can be your choice. The purpose of the article is to contrast two businesses in respect of their business purpose, ownership type, organizational structure and their strategic planning; the newspaper wants to help readers understand more about businesses. The second business must be a contrasting business from the first. Task 1: (P1) P1: Describe the type of business, purpose and ownership of two contrasting businesses. • One of the businesses has to be profit making • The second business should be not for profit and operate on a different size to the first. • You should set it out as a written guide for readers of the newspaper. You must consider the following; Range of different businesses: local; national; international; global; public; private; not-for-profit/voluntary; sectors of business activity (primary, secondary and tertiary) Business purposes: supply of products or services; difference between profit and not-for profit organizations. Ownership – public, private and voluntary sectors; types of ownership, e.g. sole trader, partnership, private and public limited companies, government departments, governments agencies, worker cooperatives, charitable trusts; main implications of different types of ownership on business (extent...
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...Unit 1: The business environment Help sheet 1.1.1 P1 Describe the type of business, purpose and ownership of two contrasting businesses To achieve P1, you must complete Task sheet 1.1.1, a case study, as well as Worksheets 1.1.1 to 1.1.4. You must also write a detailed presentation about two organisations. • You must ensure that the two organisations chosen are very different. For example, a large plc, such as Tesco, and a charity, such as Save the Children. This will make it easier to compare the environments. • It is a good idea to choose organisations that you are interested in, but that also have a large amount of information available. Therefore, spend some time researching a few organisations that might be of interest to see which one will make this task the easiest. • The same organisations will be used for tasks other than P1 so look ahead in the assignment to make sure the information you will need is available. • Once you have chosen your organisations, you need to research them in order to be able to identify the type of businesses they are. You must identify which scale they operate at and what sector they operate in. Make sure you give evidence and reasoning to back up your decisions. • The purpose and ownership of a business can often be seen on its website. However, you may find a phone interview very useful for collecting all the information you need. This can then be used as evidence. Remember to reference your work when necessary. ...
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...Faculty: Business and IT Exeter College BTEC Assignment Brief |Course Title: BTEC 90 Credit Diploma in Business/BTEC Certificate in | | |Business | | | | | | | | | | | | | | | |[pic] | | |[pic] | | | | |Assignment Title:...
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... |Unit number and title | |BTEC SUBSIDIARY DIPLOMA IN BUSINESS STUDIES |UNIT 1: BUSINESS ENVIRONMENT | |Learner name | Assessor name | | | | |Date issued | Hand in deadline |Submitted on | | | | | | | | |Assignment title(s) |Legal and organisational structures | | |Stakeholders and their influence...
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...Hagan Task: 1 (p1) Describe the type of business purpose and ownership of two contrasting businesses. Sainsbury's Sainsbury's supermarket is one of the UK's longest standing foods retailing chain, Sainsbury's opened its first store in 1869. Sainsbury's brand was built through a heritage providing their customers with healthy, fresh, safe and tasty food. Sainsbury’s is the second largest chain of supermarket in the United Kingdom with a share of the United Kingdom supermarket sector of 16.9%. Sainsbury’s became the largest grocery retailer in 1922. Sainsbury's main purpose: Sainsbury’s purpose is to provide a value for money, retail outlet for the general public. Also Sainsbury’s purpose is for them to deliver an improving quality shopping experience to their customers with great products at fair prices. Sainsbury's have a chain of 504 supermarkets and 319 convenience stores. Sainsbury's store also offers around 30,000 products. And their increasing number of stores also offers complementary non-food products and services. Sainsbury's is also currently in the tertiary and secondary sector, it because Sainsbury's provide services, they have banks, sell food they even have their own farm. Sainsbury's is a large business and it have about 161,000 employees working for the business in 2014, Sainsbury's operate in the United Kingdom. Types of ownership Sainsbury's is a public limited...
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...|Unit Number and Name: |Unit 1 The Business Environment | |Unit Code: |D/502/5409 |Credit Value: |10 | |QCF Level: |BTEC National |Guided Learning Hours: |60 | |Assessor: | | Unit 1 The Business Environment |Assignment Deadlines | |Assignment Deadline Date: |Hand out date: |Submission date: | | |Task 1 (P1 P2 M2 D1) | | | |Assignment Hand in Dates | | | | | |Task 2 (P3 M1) | | | | |Task 3 (P4) | ...
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...Introduction. In this assignment I will be describing the ownership of two contrasting business, which will be Oxfam and Royal Mail. Also, I will describe the different types of business and the purpose of the businesses. For Oxfam and Royal mail, I will describe the different stakeholders that influence the purpose of the businesses and how the businesses are organised. I shall also explain how Oxfam and Royal Mail’s style of organisation helps them to achieve their purposes. I’ll also be explaining the points of view from different stakeholders that influence the aims and objectives of my two chosen organisations. Business 1 – Royal Mail Royal Mail is in the private sector, this means that it is owned by private individuals or organisations. Royal Mail is a postal service that delivers letters all around the UK. It was established in 1516. The company’s subsidiary, which is Royal Mail Group Limited, also operates Parcelforce Worldwide which are the parcels that are delivered. Royal Mails strategy is ‘To become the best delivery and marketing mail business in the UK.’ They believe that being brilliant at the basics means getting delivery right first time, every time. And they focus on a number of areas to achieve this aim. Royal Mail’s core business activity is to deliver letters and parcels to the correct address safely, and to ensure a sustainable service for the benefit of everyone in the UK. Growing their parcels business is part of their strategy to drive profitable growth...
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...P1. Describe the type of business and ownership of two contrasting businesses Introduction: In this unit I will be investigating two businesses which are Debenhams and McDonalds. I will be highlighting the similarities and differences of how these two businesses operate as well as what these companies are trying to achieve. Background information:Debenhams is a leading international, multi-channel brand with a proud British heritage. Debenhams gives its customers around the world a unique, differentiated and exclusive mix of own brands, international brands and concessions.In the UK, Debenhams has a top four market share in womenswear and menswear it also has a top 10 share in childrenswear. It leads the market in premium health and beauty. Size of business:Debenhams is available online in 70 countries and is the 11th biggest UK online retailer by traffic volume. It also trades out of 240 stores across 28 countries. It currently has 29,000 employees across all its stores. Business Sector: Debenhams comes under the tertiary sector as they sell customers manufactured goods such as designer clothing, stationary, toys and all other sorts of goods. This company may not directly make their own products although they may have a link to the producers in order to sell these products at their stores. They come under the tertiary sector as they provide a service of deliveries. Main goals & purpose: Debenhams’ strategy is underpinned by three Aims: 1. Increase...
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...is a major British multinational retailer. P1. Describe the type of business, purpose and ownership of two contrasting organisations. The name Oxfam comes from the Oxford Committee for Famine Relief, founded in Britain in 1942 due to relieve famine in Greece caused by NazilGermany military occupation and Allied naval blockades, and registered in accordance with UK law in 1943. Oxfam International was formed in 1995 by a group of independent non-governmental organizations. Their aim was to work together for greater impact on the international stage to reduce poverty and injustice. Oxfam International is registered as a non-profit foundation at The Hague, Netherlands. So Oxfam does not have ownership, it is run by Board of Directors and if the business does close down it will give it charity stuff to another charity. This business is not set up to make profit for it personally need it is set up to make profit for people in need. Oxfam gets its money from many different sources: * like the shops that people can go to * people donate their old and unwanted clothes and items and Oxfam sells it to us, the consumers * they also get private donations given to them by people who want to help Oxfam is an international confederation of 17 organisations working in approximately 94 countries worldwide to find solutions to poverty and what it considers injustice around the world. Oxfam's core business activities are: * workings with poor people * influence...
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...Unit 1 The Business Environment BTEC level 3 subsidiary Diploma I am a junior researcher for a business magazine and I have been asked to prepare background material for a reporter who is planning a new feature article. The reporter wants me to focus on two contrasting business organizations with a presence in my local area and I have been asked to provide information on them, the information covering their purpose, ownership and roles of different stakeholders. Task 1 I am going to select two local organizations for my research. The first organization is South Wales fire and Rescue Service and the second is Macey Sports. Describe each business according to its type, purposes and ownership Macey Sports Macey Sports is a local business which is based in Newport. Its purpose is to sell a large, high quality range of cricket equipment grouped together with the sale of clothes for the local schools such as shirts, jumper’s trousers and ties. This company’s ultimate purpose is to make a profit. The business is a private sector business which means that it is owned by private citizens. It is a sole trader ownership which means that it is owned by one person. Some of the advantages of having a sole trader business are because the owner has full control over the business for daily operations and how large they want to expand their business. As well as this a sole trader does not need to complete many of the forms and accounting information that limited companies need to produce,...
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...Assignment: Business Environment Table of Contents: Executive Summary...................................................................................................................3 Assignment I- Task 1 P1. Type of business, purpose and ownership...........................................................................3 P2, M1. Different stakeholders that influence the purpose of the business...............................3 D1.Influence of stakeholders…………...………………………………………………..…...5 Assignment I- Task 2 P3, P4. Describe how two businesses are organized, and how the structure helps the businesses in fulfilling their purpose……………………………………………………….....5 Assignment II- Task 1 P5, M2. Two contrasting environments influence on business, and their challenges................8 P6, M3. Political, Legal, Social factors and challenges that affect the two businesses ...….....8 D2 Changes in political, legal, social, and economic factors may impact on organization strategy……………………………………………………………………………………......9 Bibliography............................................................................................................................11 Executive Summary: The business environment is a mix of all the internal and external factors that have influence on the business. All the factors that are under the control of the business do not form part of business environment. Some of the examples of these factors affecting...
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