Business Environment Frontsheet 2
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School of Business
BTEC HND in Management/Marketing/Human Resource
Front Sheet
SFU/QSF-ACD-006
Rev 001 dated 9/20/10
UNIT 1–Business Environment
Student number/Student Name: Leanne Principe | Group: Section B |
Activity Reference: 1-02 | Date due:Draft: 13 March 2014; Final: 18March2014 |
Assessors: | Date submitted: 18 March 2014 |
Outcome / Skill | Evidence | Assessor’s decision | Feedback |
LO2.Understand the nature of the national environment in which businesses operate | 2.1 Explain how economic systems attempt to allocate resources effectively. | 1 | | |
| 2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities. | 2 | | |
| 2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of selected organizations. | 3 | | |
LO3Understand the behaviour of organizations in their market environment | 3.1 Explain how market structures determine the pricing and output decisions of businesses. | | | |
| 3.2 Illustrate the way in which market forces shape organizational responses using a range of examples. | | | |
| 3.3 Judge how the business and cultural environments shape the behaviour of a selected organization. | | | |
| | | | | | | |
Merit grades awarded | M1 | | M2 | | M3 | |
Distinction grades awarded | D1 | | D2 | | D3 | |
Assessor’s additional feedback and comments:Assessor Signature:Date: |
I confirm that this is all my own work (students to sign and date), also confirming understanding of the assessors feedback.To be signed after assessment. | Student Signature:Date: |
INTERNAL VERIFICATION (Internal Verifier to sign and date) | |
-------------------------------------------------
Scenarioand Tasks: Same as in Assignment 1Required:Relate the discussions below to your selected organization. 1. Resource issues and types of economic systems: Explain the basic economic problem and the types of...
BTEC HND in Management/Marketing/Human Resource
Front Sheet
SFU/QSF-ACD-006
Rev 001 dated 9/20/10
UNIT 1–Business Environment
Student number/Student Name: Leanne Principe | Group: Section B |
Activity Reference: 1-02 | Date due:Draft: 13 March 2014; Final: 18March2014 |
Assessors: | Date submitted: 18 March 2014 |
Outcome / Skill | Evidence | Assessor’s decision | Feedback |
LO2.Understand the nature of the national environment in which businesses operate | 2.1 Explain how economic systems attempt to allocate resources effectively. | 1 | | |
| 2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities. | 2 | | |
| 2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of selected organizations. | 3 | | |
LO3Understand the behaviour of organizations in their market environment | 3.1 Explain how market structures determine the pricing and output decisions of businesses. | | | |
| 3.2 Illustrate the way in which market forces shape organizational responses using a range of examples. | | | |
| 3.3 Judge how the business and cultural environments shape the behaviour of a selected organization. | | | |
| | | | | | | |
Merit grades awarded | M1 | | M2 | | M3 | |
Distinction grades awarded | D1 | | D2 | | D3 | |
Assessor’s additional feedback and comments:Assessor Signature:Date: |
I confirm that this is all my own work (students to sign and date), also confirming understanding of the assessors feedback.To be signed after assessment. | Student Signature:Date: |
INTERNAL VERIFICATION (Internal Verifier to sign and date) | |
-------------------------------------------------
Scenarioand Tasks: Same as in Assignment 1Required:Relate the discussions below to your selected organization. 1. Resource issues and types of economic systems: Explain the basic economic problem and the types of...