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Be Assisment Essay

3504 words - 15 pages

Business Environment Assignment

|Qualification |Unit number - title - level |
|BTEC Level 5 HND in Business |Unit 1 – Business Environment - Level 4 |
|Student name |Assessor name |
|Simon Varga |Susan Simei-Cunningham |
| ...view middle of the document...

|1 | |
| |organisational purposes of| | | | |
| |businesses. | | | | |
| | |1.2 |Describe the extent to which an organisation meets the objectives of | | |
| | | |different stakeholders. | | |
| | |1.3 |Explain the responsibilities of an organisation and strategies employed to | | |
| | | |meet them. | | |
|LO2 |Understand the nature of |2.1 |Explain how economic systems attempt to allocate resources effectively. |2 | |
| |the national environment | | | | |
| |in which businesses | | | | |
| |operate. | | | | |
| | |2.2 |Assess the impact of fiscal and monetary policy on business organisations and| | |
| | | |their activities. | | |
| | |2.3 |Evaluate the impact of competition policy and other regulatory mechanisms on | | |
| | | |the activities of a selected organisation. | | |
|LO3 |Understand the behaviour |3.1 |Explain how market structures determine the pricing and output decisions of |3 | |
| |of organisations in their | |businesses. | | |
| |market environment. | | | | |
| | |3.2 |Illustrate the way in which market forces shape organisational responses | | |
| | ...

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