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
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CASE STUDY ON BUSINESS ENVIRONMENT Page 1 of 17 Acknowledgement The successful accomplishment of this case study is the outcome of the contribution of number of people‚ especially those who have given the time and effort to share their thoughts and suggestions to improve the report. At the beginning‚ I would like to pay my humble gratitude to the Almighty God for giving me the ability to work hard under pressure. This report on “Case study on Business Environment” is prepared through
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CU744 - Evaluate and Improve Own performance in a Business Environment. 1.1 Explain the purpose and benefits of continuously improving own performance in a business environment. This improves the quality of my work which in turn proves that I am capable of further responsibility. More experience and responsibility could be useful in gaining future job roles. 1.2 Explain the purpose and value of encouraging and accepting feedback from others. The purpose of feedback is to let me know what
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select a business organisation based in UK and iddentify the type of this particular organisation and its purpose‚including its vision and mission.based on your selected organisation.(please select NEXT Plc) a)carry out a stakeholder analysis of this organisation.describe the extent to which this organization can meet the objectives of different stakeholders. b)explain the various responsibilities of this organisation and strategies which can be employed to meet those responsibilities c)describe
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anything that relates to people in the business - for example‚ staff and managers. Physical resources are those that are physically used by the business - for example‚ land‚ raw materials‚ buildings or equipment. Technological resources are those that make use of technology - for example‚ computers‚ software or systems. Financial resources are any aspects of the business relating to money‚ such as money owed to or by the business. It is essential for any business to control‚ manage and make the best
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A4060519 Student´s Name: Michael Wanderley Mallmann Spanholi Business Environment LO1. Understand the organizational purposes of businesses 1.1 Identify the purposes of different types of organisation The UK legislation allows different types of legal structures to do business in its area. In the private sector‚ the following forms of companies can be seen: Sole trader is a business owned by an individual who is self-employed‚ but staff can be hired on either a full-time or a part-time
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There are three different types of approaches to organisation which are classical‚ neo-classical and modern. Below I have explained in detail what they mean according to my research. Classical approach to organisation has concepts that are commonly known as classical concepts or classical theories of an organisation. An organisation is the structure of power‚ relationships‚ objectives‚ roles‚ activities‚ communication and other factors that exist when a person works together with someone. The
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Introduction Organisations have a variety of purposes that depend on why they were established. The majority operates for profits others‚ just for improve quality life of the community. Businesses operate in an environment shaped by the consumers‚ the Government‚ suppliers and International factors. It’s my job now explain and understand how organisations shaped with the environmental factors and determine strategies and a modus operandi that allow them to meet their organizational purposes.
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In this essay I shall be discussing the link between the environment and society and also how the environment has brought about social change. This essay shall also include various environmental issues faced by society. Natural environment refers to the earth’s surface and atmosphere‚ counting all living organisms as well as the air‚ water‚ soil and other resources essential to maintain life. Humans depend heavily on the natural environment to sustain their lives; they depend on food‚ clothing and
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* Business Environment Understanding the environment within which the business has to operate is very important for running a business unit successfully at any place. The environmental factors influence almost every aspect of business such as‚ its nature‚ its location‚ prices of products‚ the distribution system‚ or the personnel policies. It is important to learn about the various components of the business environment‚ which consists of the economic aspect‚ the socio-cultural aspects‚ the political
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