Qualification
Unit number and title
Pearson BTEC Level 5 HND Diploma Business
Unit 1: Business Environment
Unit Code
Y/601/0546
Credit Value
15 Credits
Student name
Assessor name
Mengchan ZHOU
Kay Kullar-Gallacher
Date issued
Completion date
Submitted on
5th November 2014
Formative assessment:
Assignment one – 1st December 2014
Assignment two – 19th December 2014
Formative assessment:
Assignment one –
Assignment two –
Summative assessment:
Assignment one – 15th December 2014
Assignment two – 12th January 2015
Summative assessment:
Assignment one –
Assignment two –
Assignment title
BE Assignment 1: Organisational purposes
BE Assignment 2: Influences on business
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)
L01
Understand the organisational purposes of businesses
1.1
identify the purposes of different types of organisation
1
15-16
1.2 describe the extent to which an organisation meets the objectives of different stakeholders
1
17-18
1.3 explain the responsibilities of an organisation and strategies employed to meet them
1
18-20
L02
Understand the nature of the national environment in which businesses operate
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
2
2.3 evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
2
LO3
Understand the behaviour of organisations in their market environment
3.1
explain how market structures determine the pricing and output decisions of businesses
2
3.2 illustrate the way in which market forces shape organisational responses using a range of examples
2
3.3 judge how the business and cultural environments shape the behaviour of a
References: J Thompson – Dransfield et al (2004) Business for Foundation Degrees and Higher Awards (Accessed at 13/12/2014 ) Public Company http://www.investinganswers.com/financial-dictionary/businesses-corporations/public-company-1341 (Accessed at 13/12/2014 ) http://en.wikipedia.org/ wiki/Unfair_Commercial_Practices_Directive (Accessed at 13/12/2014 )