2013-14 BTEC Business Level 3 Unit 1 Assignment brief Essay

July 27, 2017 Business

1. Know the scope of different concerns and their ownership 2. Understand how concerns are organised to accomplish their intents 3. Know the impact of the economic environment on concerns 4. Know how political. legal and societal factors impact on concern.

Context
This assignment you will be required to research administrations that operate in different concern environments. In the first portion of the assignment you will hold to research the intents and ownership of a scope of local administrations. The 2nd portion of the assignment will look at administrations based in another state. The research carried out in this unit can be used as a footing for more elaborate survey in ulterior units.

Scenario You work as a journalist at Northampton’s Chronicle & A ; Echo newspaper which is be aftering to run a characteristic article on local concerns. You will necessitate to see two local concerns in order to transport out your research.

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Assignment 1. 1:

You have been asked to fix a Presentation for the Editor that may subsequently be used as the footing for fixing an article aimed at the readership of your local newspaper.

The first slides to your presentation should include: a brief debut to the two local concerns one concern should be profit-making. e. g. Marks & A ; Spencer ; one concern should be not-for-profit. e. g. Malcolm Arnold Academy your two concerns should change in size a description of the types of your concerns a description of the intent of your concerns. including the purposes and aims of your administrations a description of the ownership of your concerns. This should include an accurate. but non needfully detailed. statement as to the extent of owners’ liability for debts.

Describe the type of concern. intent and ownership of two contrasting concerns Deadline
Friday 27th September 2013

Assignment 1. 2:

You should go on to develop the presentation you started in Assignment 1. 1 with: a description of the different stakeholders who influence the intent of your two different administrations an account of the point of views of different stakeholders and how these seek to act upon the purposes and aims of your concern administrations an rating of the influence of different stakeholders on one of your two administrations a precedence ranking of the stakeholders of your administration. e. g. 1 = most of import. 5 is least of import a statement about the importance of each stakeholder and why you believe this to be the instance. Your sentiments should be supported by grounds from different beginnings. For each piece of grounds province how dependable you think it is and why.

DESCRIBE the different stakeholders who influence the intent of two contrasting concerns

Explain the points of position of different stakeholders seeking to act upon the purposes and aims of two contrasting administrations

Measure the influence different stakeholders exert in one administration

The Chronicle & A ; Echo plans to give a study as a follow up to your presentation. which was good received. In this study you will necessitate to take one of the two administrations from your initial article and compare it with an administration from another state. This requires you to research a different economic environment. e. g. China or India. and to look at one concern from that state. This concern will so be compared with your UK concern. Draw up a tabular array of economic informations for the UK and one other. contrasting. economic environment.

Choose at least three economic subjects and collect relevant informations from two different states. e. g. GDP. rising prices or involvement rates. Using the information collected in your table describe the influence of two contrasting economic environments ( i. e. the economic informations collected ) on concern activities within your selected administrations. Compare the challenges to their concern activities that your two administrations face due to their economic environment. e. g. how does the rising prices rate impact on supply costs or demand for your two concerns? Write at least one paragraph for each piece of economic informations for each concern.

DESCRIBE the influence of two contrasting economic environments on concern activities within a selected administration COMPARE the challenges to selected concern activities within a selected administration. in two different economic environments Deadline
Friday 18th October 2013

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