Foto
24Jun

Business Environment Assignment Help

This is a solution of your Business Environment Assignment Help that describes about Developing business

Business Environment Assignment Help

Learning Outcome  

Learning outcome

Assessment Criteria In this assessment you will have the opportunity to present evidence that shows you are able to: Task no.  

Evidence

(Page no)

LO1 Understand the

Organisational purposes of businesses

1.1 Identify the purposes of different types of

organisation

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 the national

environment in which

businesses operate

2.1 Explain how economic systems attempt to

allocate resources effectively

2.2 Assess the impact of fiscal and monetary policies 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 of

organisations in their

market

 principle

3.1 Explain how market structures determine the pricing and output decisions of businesses
3.2 Illustrate the way in which market forces

shape organisational responses,  using a range of examples

3.3 Judge how business and cultural

environments shape the behaviour of a

selected organisation

LO4 Be able to assess the

significance of the global factors that

shape national

business activities

4.1 discuss the significance of international trade to UK business environment
4.2 analyse the impact of global factors on UK

business organisations

4.3 Evaluate the impact of policies of the European Union on UK business environment
Learner declaration

I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.

Student signature:                                                Date:

 

In addition to the above PASS criteria, this assignment gives you the opportunity to submit evidence in order to achieve the following MERIT and DISTINCTION grades

 

Grade Descriptor

 

Indicative characteristic/s

 

Contextualisation

M1Identify and apply strategies to find appropriate solutions Effective judgements have been made.

 

An effective approach to study and research has been applied.

To achieve M1, the learner must use an effective approach to study and research the various facets of the organisation and elaborate upon the organisational purposes of businesses. (Task 1)
M2 Select / design and apply appropriate methods / techniques Appropriate learning methods/techniques have been applied. To achieve M2, the learner must apply a range of methods and techniques to the relevant sources of information to understand the nature of the national environment in which businesses operate. (Task 1)
M3 Present and communicate appropriate findings Communication is appropriate for familiar and unfamiliar audiences and appropriate media have been used.

To achieve M3, you need consistent and logical development of principles/concepts for the intended audience with the help of appropriate methods of communication to understand the

behaviour of organisations in their market environment. (Task 2)

D1 Use critical reflection to evaluate own work and justify valid conclusions

The validity of results has been evaluated using defined criteria.

Conclusions have been arrived at through synthesis of ideas and have been justified.

To achieve D1, learner must evaluate the validity of results obtained as a result of study and research.  Learner must also use diverse sources to reflect upon and synthesise ideas related to organisational purposes and responsibilities of businesses. (Task 1)

D2 Take responsibility for managing and organising activities Activities have been managed. To achieve D2, learner would need to design activities and tasks taking into consideration the regulatory, economic, cultural and competitive market environments within which the business operates, while also integrating unforeseen scenarios. (Task 2).
D3 Demonstrate convergent /lateral /  creative thinking

Innovation and creative thought have been applied.

Self-evaluation has taken place.

To achieve D3, you need to apply creative perspectives, innovative thinking and apply self –evaluation to assess the significance of the global factors that shape national business activities. (Task 2)

Business Environment Assignment Help

Purpose of this assignment

This assignment would enhance the understanding of learners about the business, cultural, economic and regulatory environment within which a business organisation operates.  This will also enable them to prepare a comprehensive and evaluative report to assess the significance of all these and other global factors that shape national businesses.

Scenario

As a newly appointed research analyst, you are required to write a report on British Airways by providing a thorough analysis of the Business Environment in which the company operates.

Task 1 (LO 1: 1.1, 1.2, 1.3; LO 2: 2.1, 2.2, 2.3)

In identifying different types of organisation use BA as a scenario and describe the mission and vision of British Airways. Identify its short- and long-term objectives (LO 1.1). Identify the key stakeholders of BA (LO 1.2). How have the challenges mentioned below (LO 2.1, 2.2 and 2.3), impacted the various stakeholders of British Airways? How did BA respond to fulfil its responsibilities to these stakeholders? Provide suitable examples. (LO 1.3)

Discuss some challenges due to economic systems, monetary policies and fiscal environment faced by British airways in the last one decade. As a Public Limited Company, how has BA been impacted by regulatory, competition policies and legal changes in the airline industry? (LO 2.1, 2.2, 2.3)

To achieve M1, use an effective approach to study and research and have effective judgement to understand the organisational purposes of businesses.

To achieve M2 use a range of methods and techniques to the relevant sources of information to understand the nature of the national environment in which businesses operate.

To achieve D1, evaluate the validity of results through the conclusion where ideas should have been justified to Identify, with specific examples, to understand the organisational purposes of businesses.

Task 2 (LO 3: 3.1, 3.2, 3.3; LO 4: 4.1, 4.2, 4.3)

How has the market structure of the airline industry and the interplay of different players and forces in the market impacted the pricing and demand for airline seats? Provide suitable examples of BA’s response (LO 3.1, 3.2). Identify, with specific examples, how British Airways has been impacted by the working practices and cultures of the countries where they predominantly operate (LO 3.3).

Discuss the impact of global changes in trade regime caused by organisations such as WTO and other international civil aviation and tourism bodies on British airways (LO 4.1). What are the other global factors, including policies/regulations of government players which may impact BA? Can EU policies on travel, competition or aviation impact British Airways? In conclusion, what measures can be taken by BA in order to remain competitive? (LO 4.2, 4.3)

To achieve M3, you need consistent and logical development of principles/concepts for the intended audience with the help of appropriate methods of communication to understand the behaviour of organisations in their market environment.

To achieve D2, you need to accommodate the unforeseen area and the activities should have been managed efficiently to understand the behaviour of organisations in their market environment.

To achieve D3, you need to apply creative innovation and self –evaluation to be able to assess the significance of the global factors that shape national business activities.

Evidence checklist Summary of evidence required by student Evidence presented
Task 1

Prepare a report, which should comply with the word count of 1500 with +/- 10% margin. You may use tables and diagrams to support your report to illustrate the text.

 

Task 2 Prepare a report, which should comply with the word count of 1500 with +/- 10% margin. You may use tables and diagrams to support your report to illustrate the text.
Criteria Reference To achieve the criteria the evidence must show that the student is able to:

Achieved?

(tick)

LO 1    

1.1

Identify the purposes of different types of organisation
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
LO 2
2.1

 

Explain how economic systems attempt to allocate resources effectively
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
LO 3    
3.1 Explain how market structures determine the pricing and output decisions of businesses
3.2 Illustrate the way in which market forces shape organisational responses using a range of examples
3.3 Judge how the business and cultural environments shape the behaviour of a selected organisation
LO 4  
4.1 Discuss the significance of international trade to UK business organisations
4.2 Analyse the impact of global factors on UK business organisations
4.3 Evaluate the impact of policies of the European Union on UK business
Higher Grade achievements (where applicable)
 

Grade descriptor

 

 

Achieved?

(tick)

 

Grade descriptor

 

Achieved?

(tick)

 

M1: Identify and apply strategies to find appropriate solutions

 

 

D1: Use critical reflection to evaluate own work and justify valid conclusions

 

M2: Select/design and apply appropriate methods/techniques

 

D2: Take responsibility for managing and organising activities
 

M3: Present and communicate appropriate findings

D3: Demonstrate convergent/lateral /creative thinking
Btech HND Assignment provide assignment writing service based on case study requirements in affordable prices and we are providing most flexible online assignment writing help, so book your Assignment with us,  Order Now

Add Your Review

eighteen − 7 =

Rating*