2013-14 BTEC Business Level 3 Unit 1 Assignment brief Essay
1 ) Know the range of different businesses and their control 2 . Appreciate how businesses are organized to achieve all their purposes several. Know the impact of the economy on businesses 4. Recognize how political, legal and sociable factors effect on business. Situation You work as a reporter at Northampton’s Chronicle & Echo newspaper which is going to run a feature article on local businesses. You will need to visit two local businesses in order to carry out your quest. Assignment 1 ) 1: You could have been asked to prepare a Presentation for the Editor that may later be used while the basis pertaining to preparing a write-up aimed at the readership of your local newspapers. The first slides on your presentation ought to include: a brief introduction to the two community businesses a single business ought to be profit-making, electronic. g. Signifies & Spencer; one business should be not-for-profit, e. g. Malcolm Arnold Academy the two businesses should fluctuate in size an outline of the types of your businesses a description in the purpose of your businesses, like the aims and objectives of your organisations an outline of the ownership of your businesses. This should consist of an accurate, but not necessarily detailed, declaration as to the magnitude of owners’ liability for debts. Project 1 . two: You should continue to develop the presentation you started in Project 1 . you with: some of the diverse stakeholders who also influence the objective of your two different organisations an explanation in the viewpoints of numerous stakeholders and how these strive to influence the aims and objectives of the business organisations an evaluation in the influence of various stakeholders on a single of your two organisations important ranking of the stakeholders of the organisation, electronic. g. one particular = most crucial, 5 is definitely least essential a statement about the importance of every stakeholder and why you think this to be the case. Your opinions should be maintained evidence by different options. For each item of evidence express how reliable you think it truly is and why. DESCRIBE the different stakeholders who have influence the goal of two different businesses MAKE CLEAR the parts of view of various stakeholders seeking to influence the aims and objectives of two contrasting organisations Assess the influence diverse stakeholders exert in one enterprise The Chronicle & Replicate plans to provide a report as a follow up to your presentation, that has been well received. In this report you will need to choose one of the two organisations through your initial content and compare it with an enterprise from an additional country. This involves you to study a different economic environment, e. g. China or perhaps India, and look at one business from that country. This kind of business will then be compared with your UK organization. Draw up a table of economic data for great britain and one other, contrasting, economic environment. Choose at least 3 economic topics and accumulate relevant data from two different countries, e. g. GDP, inflation or rates of interest. Using the info collected inside your table identify the influence of two contrasting economic environments (i. e. the economic data collected) about business activities within your picked organisations. Compare the problems to their business activities that your two organisations face due to their economic environment, e. g. how does the inflation charge impact on source costs or demand for the two businesses? Write in least a single paragraph for each piece of monetary data for every single business.
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