Assessment Activity Front Sheet This front sheet must be completed by the learner (where appropriate) and included with the work submitted for assessment. Learner Name Date Issued Hand in Date Assessor Name Submitted on
Qualification Level 4 Edexcel BTEC Higher National in Business (QCF) Unit 1 Business Environment – 15 credits Assignment 1 will give learners the opportunity to achieve: Learning Outcome 1 – understand the organisational purposes of businesses Learning Outcome 2 – understand the nature of the national environment in which businesses operate Learning Outcome 3 – understand the behaviour of organisations in their market environment Learning Outcome 4 – be able to assess the significance of the global factors that shape national business activities Criteria To achieve the criteria the evidence must reference show that the learner is able to: 1 a) Identify the purposes of different types of organisation b) Describe the extent to which an organisation meets the objectives of different stakeholders c) explain the responsibilities of an organisation and strategies employed to meet them 2 a) explain how economic systems attempt to allocate resources effectively b) assess the impact of fiscal and monetary policy on business organisations and their activities c) evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation 3 a) explain how market structures determine the pricing and output decisions of businesses Task No Page numbers
Unit 1 Business Environment b) illustrate the way in which market forces shape organisational responses using a range of examples c) judge how the business and cultural environments shape the behaviour of a selected organisation 4 a) discuss the significance of international trade to UK business organisations b) analyse the impact of global factors on UK business organisations c) evaluate the impact of policies of the European Union on