business
Assignment questions:
Specification of Assessment
LO1 (Task 01): Understand the organisational purposes of business
1.1
Identify the purposes of different types of organisation
1.2
Describe the extent to which Siemens meets the objectives of different stakeholders
D1
Critically evaluate the responsibilities of Siemens to meet stakeholders objectives.
1.3
Explain the responsibilities of Siemens and strategies employed to meet stakeholders.
M1
Identify and find the mission and objectives of Siemens.
LO2 (Task 02): Understand the nature of the national environment in which businesses operate
2.1
Explain how economic systems attempt to allocate resources effectively.
2.2
Assess the impact of fiscal and monetary policy on business organisations and their activities.
M2
Assess the current monetary and fiscal policies impact on Siemens performance.
2.3
Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
D2
How can Siemens successfully perform their business activities in current regulatory system?
LO3 (Task 03): Understand the behaviour of organisations in their market environment
3.1
Explain how market structures determine the pricing and output decisions of businesses
M3
Explain how market structures determine the pricing and output decisions of Siemens
3.2
Illustrate the way in which market forces shape organisational responses using a range of examples
3.3
Judge how the business and cultural environments shape the behaviour of a selected organisation
LO4 (Task 04): Be able to assess the significance of the global factors that shape national business activities
4.1
Discuss the significance of international trade to UK business organisations
4.2
Analyse the impact of global factors on UK business organisations
D3
Demonstrate the impact of global factors on Siemens business actions.
4.3
Evaluate the impact of policies of the
Specification of Assessment
LO1 (Task 01): Understand the organisational purposes of business
1.1
Identify the purposes of different types of organisation
1.2
Describe the extent to which Siemens meets the objectives of different stakeholders
D1
Critically evaluate the responsibilities of Siemens to meet stakeholders objectives.
1.3
Explain the responsibilities of Siemens and strategies employed to meet stakeholders.
M1
Identify and find the mission and objectives of Siemens.
LO2 (Task 02): Understand the nature of the national environment in which businesses operate
2.1
Explain how economic systems attempt to allocate resources effectively.
2.2
Assess the impact of fiscal and monetary policy on business organisations and their activities.
M2
Assess the current monetary and fiscal policies impact on Siemens performance.
2.3
Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
D2
How can Siemens successfully perform their business activities in current regulatory system?
LO3 (Task 03): Understand the behaviour of organisations in their market environment
3.1
Explain how market structures determine the pricing and output decisions of businesses
M3
Explain how market structures determine the pricing and output decisions of Siemens
3.2
Illustrate the way in which market forces shape organisational responses using a range of examples
3.3
Judge how the business and cultural environments shape the behaviour of a selected organisation
LO4 (Task 04): Be able to assess the significance of the global factors that shape national business activities
4.1
Discuss the significance of international trade to UK business organisations
4.2
Analyse the impact of global factors on UK business organisations
D3
Demonstrate the impact of global factors on Siemens business actions.
4.3
Evaluate the impact of policies of the