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The Business Environment Essay

697 words - 3 pages

Course Title | BTEC Level 3 Nationals in Business |
Unit Title | The Business Environment (60 hour unit) |
Level | 3 | Unit Number | 1 | Unit Credit | 10 |
Assignment Title | Business Types and their Stakeholders |
Part Unit | P1, P2, M1 and D1 | Whole Unit | No |
Learner Name | | Signature | |
Assessor | Scott Haragan; Des Corliss; Barbara Mercer | Signature | |
Start Date | 17/11/14 | Submission Date | 10/12/14 | Feedback Date | 09/01/15 |
| | | | | |

Vocational Context |
It is important to understand the business environment, most notably the wide range of business organisations in the private and public sectors. It is also important to appreciate the ...view middle of the document...

You should also assume that he knows little about business therefore define and explain the meaning of all terms. |

Grading Criteria. | What you have to do | Evidence |
P1 – Describe the type of business, purpose, and ownership of two contrasting businessesP2 Describe the different stakeholders who influence the purpose of two contrasting businessesM1 explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations D1 evaluate the influence different stakeholders exert in one organisation | Task 1: Research the current UK business environment to explore the range of business types in the UK. Focusing on two contrasting organisations, describe their main purposes and goals as well as the sectors in which they operate. Identify and describe the key stakeholders and analyse their points of view relative to overall organisational goals as well as the influence they can have in achieving these goals. For one organisation, evaluate the influence different stakeholders exert. | Describe two businesses in terms of their history (this can be fairly brief), where they operate (e.g. locally, nationally etc), what they are trying to achieve (their goals), their business type (e.g. sole...

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