Essay on Unit 1 Assignment 2014 15

Submitted By Yuya2905
Words: 2587
Pages: 11

Lime House School Assignment front sheet
Learner name Assessors names

A Sayer
Date issued
Completion date
Submitted on

Unit number and title
BTEC L3: National Extended / Diploma in Business
Unit 1 – The Business Environment

Assignment titles
(1): Types of Business, (2): Stakeholders, (3): functional activities & organisational structure, (4) External factors
In this assessment you will have opportunities to provide evidence against the following criteria.
Indicate the page numbers where the evidence can be found.

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

Page numbers
Describe the type of business, purpose and ownership of two contrasting organisations.

Describe the different stakeholders who influence the purpose of two contrasting organisations

Explain the points of view from different stakeholders seeking to influence the strategic aims and objectives of two contrasting organisations

Evaluate the influence different stakeholders exert in one organisation

Describe how two businesses are organised

Explain how their style of organisation helps them to fulfil their purposes

Describe the influence of two contrasting environments on business activities within a selected organisation

Compare the challenges to selected business activities within a selected organisation, in two different economic environments

Describe how political, legal and social factors are impacting upon the business activities of two contrasting organisations.

Analyse how political, legal and social factors have impacted on two contrasting organisations

Evaluate how future changes in economic, political, legal and social factors may impact on the strategy of a specified organisation.

Learner declaration
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

Learner signature: Date:


Unit 1 – The Business Environment

Assignment 1 – Types of Business

This task assesses

P1 Describe the type of business, purpose and ownership of two contrasting organisations.

You work for the City of Carlisle (CC) Chamber of Commerce and have been asked to investigate business activities.

You should choose two contrasting organisations, one in the private sector and one in the public sector, to investigate and complete the tasks below.

Public Limited Companies (PLCs) have to publish their accounts, making them available to the public. Private Limited Companies (LTDs) do not have to publish their accounts publicly, though some choose to. This is usually a good starting place to investigate private sector business activity.

In a report format
a) Write a BRIEF introduction to each business to explain what it does.
Include information about the competition and the market share of the business where relevant.
Include information about the business's profit and sales figures are over the last 5 years/income and expenditure figures.
Include information about the size of the business in terms of the number of employees & sales
Include a description of what sector it operates in. (You should use graphs from the introductory activity to support your explanation)
You can show what is happening to the sector(s) that your businesses operate in.
b) Explain in detail the type of ownership that the two businesses have.
You should include an explanation of the advantages and disadvantages of the type of ownership and say why this type of ownership suits the business.
c) Explain the purpose of each business.
Purposes could include reasons why businesses exist, how products and services may be supplied for profit, at cost and below cost by local, national and global business organisations.; how businesses supply products and services to consumers, other