There are many differences between business organisations, beginning with the purpose and goals of an organisation. Business organisations belong to various different categories including the private, public and non-profit sectors. This assignment will discuss a business organisation from each of those sectors, outlining the purpose, objectives, and stakeholders of each. It will also discuss the different ways that global factors and market structures can impact each of those companies.
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L01 Understand the organisational purposes of business
Identify the purpose of different types of organisation
Describe the extent to which an organisation meets the objectives of different stakeholders
Explain the responsibilities of an organisation and strategies employed to meet them
L02 Understand the nature of the national environment in which business operate
2-1 explain how economic system attempt to allocate recourses effectively
2-2 assesses the impact of fiscal and monetary policy on business organisation and their activities
2-3 evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
1. L03 2. -------------------------------------------------
Understand the behaviour of organisations in their market environment
3. 3-1 Explain how market structures determine the pricing and output decisions of business
3-2 Illustrates the way in which market forces shape organisational responses using a range of example
3-3 judge how the business and cultural environment shape the behaviour of a selected organisation
L04
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Be able to assess the significance of the global factors that shape national business activities
4-1 Discusses the significance of international trade to UK business organisation
4-2 Analyse the impact of global factors on UK business organizations
4-3Evaluate the impact