Business Environment
ASSESSMENT FRONT SHEET
LONDON SCHOOL OF COMMMERCE AND IT
Programme: BTEC Higher National Diploma (HND) in Business
Unit Number and Title: 01 and Business Environment
Unit Code-: Y/601/0546
Credit Value: 15
QCF Level: 4
Module Tutor: Bhupinder Singh
Email: Bhupinder27@gmail.com
Date Set:
SCOPE OF THE COURSEWORK
Learning outcomes and criteria covered by this assignment: • All pass criteria (P1-P12) • All merit descriptors (M1-M3) • All distinction descriptors (D1-D3)
Key dates
Distribution date: 11/04/2011
Submission date: 13/06/2011
Return date: 28/06/2011
Introduction
The aims of this assignment are to measure the outcome of students’ learning in terms of knowledge acquired, understanding developed and skills or abilities gained in relation to achieve the learning outcomes.
This assignment contains a real life scenario of a firm, which is already in the market for long and practicing business under nearly perfect competitions.
You are expected to write an assignment analysing different factors which affects a business organisation and what are their short term and long term effects. While doing so you need to take in account the different Govt policies and their impact on the business.
Assignment criteria
PASS CRITERIA
1.1 Identify the purposes of different types of organization (P1)
1.2 Describe the extent to which an organisation meets the objectives of different stakeholders (P2)
1.3 Explain the responsibilities of an organisation and strategies employed to meet them (P3)
2.1 Explain how economic systems attempt to allocate resources effectively (P4)
2.2 Assess the impact of fiscal and monetary policy on business organisations and their activities (P5)
2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization (P6)
3.1 Explain how market structures determine the pricing
LONDON SCHOOL OF COMMMERCE AND IT
Programme: BTEC Higher National Diploma (HND) in Business
Unit Number and Title: 01 and Business Environment
Unit Code-: Y/601/0546
Credit Value: 15
QCF Level: 4
Module Tutor: Bhupinder Singh
Email: Bhupinder27@gmail.com
Date Set:
SCOPE OF THE COURSEWORK
Learning outcomes and criteria covered by this assignment: • All pass criteria (P1-P12) • All merit descriptors (M1-M3) • All distinction descriptors (D1-D3)
Key dates
Distribution date: 11/04/2011
Submission date: 13/06/2011
Return date: 28/06/2011
Introduction
The aims of this assignment are to measure the outcome of students’ learning in terms of knowledge acquired, understanding developed and skills or abilities gained in relation to achieve the learning outcomes.
This assignment contains a real life scenario of a firm, which is already in the market for long and practicing business under nearly perfect competitions.
You are expected to write an assignment analysing different factors which affects a business organisation and what are their short term and long term effects. While doing so you need to take in account the different Govt policies and their impact on the business.
Assignment criteria
PASS CRITERIA
1.1 Identify the purposes of different types of organization (P1)
1.2 Describe the extent to which an organisation meets the objectives of different stakeholders (P2)
1.3 Explain the responsibilities of an organisation and strategies employed to meet them (P3)
2.1 Explain how economic systems attempt to allocate resources effectively (P4)
2.2 Assess the impact of fiscal and monetary policy on business organisations and their activities (P5)
2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization (P6)
3.1 Explain how market structures determine the pricing