Business Environment
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- Category: English
- Date Submitted: 07/20/2016 09:29 AM
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Business Environment
Contents
Task 1 2
1.1 Identify the purpose of different types of organisation 2
1.2 Describe the extent to which an organisation meets the objective of different stakeholders 2
1.3 Explain the responsibility of an BT organisation and strategies employed to meet them 4
Task 2 4
2.1 Explain how economic systems attempt to allocate resources effectively 4
Planned Economy 4
Market Economy 5
2.2. Assess the impact of fiscal and monetary policy as it relates to business and their activities 5
2.3. Evaluate the impact of competition policy and other regulatory mechanisms in UK on the activities of BAA 6
3.1 Explain how market structure determine the pricing and output decision of business 6
3.2. Illustrate the way in which market forces shape organisational responses using a range of examples from the case study and independent research. 7
3.3 Judges how the business and cultural environment shape the behaviour of a MC Donald organisation 7
Task 4 8
4.1 Discuss the significance of international trade to UK business organisation 8
4.2 Analyse the impact of global factors on UK business organisation in contraction with European Union 9
4.3 Evaluate the impact of policies of the European Union on UK business organisation 9
Reference 10
Book sources: 11
Task 1 Write a report on UK diffent type of organisation
1.1 Identify the purpose of different types of organisation
Every organisation has its own unique entity. There are several types of organisation in the UK economy like partnership firm, sole proprietorship firm, private limited company, public limited company and Government Company (Buisness Dictionary, 2012). All these different types of business has different purpose as discuss below:
Sole proprietorship firm: In this firm there is only one owner who looks after the business activities and is solely responsible for it. The purpose of sole proprietorship is to achieve its sole trading...
Contents
Task 1 2
1.1 Identify the purpose of different types of organisation 2
1.2 Describe the extent to which an organisation meets the objective of different stakeholders 2
1.3 Explain the responsibility of an BT organisation and strategies employed to meet them 4
Task 2 4
2.1 Explain how economic systems attempt to allocate resources effectively 4
Planned Economy 4
Market Economy 5
2.2. Assess the impact of fiscal and monetary policy as it relates to business and their activities 5
2.3. Evaluate the impact of competition policy and other regulatory mechanisms in UK on the activities of BAA 6
3.1 Explain how market structure determine the pricing and output decision of business 6
3.2. Illustrate the way in which market forces shape organisational responses using a range of examples from the case study and independent research. 7
3.3 Judges how the business and cultural environment shape the behaviour of a MC Donald organisation 7
Task 4 8
4.1 Discuss the significance of international trade to UK business organisation 8
4.2 Analyse the impact of global factors on UK business organisation in contraction with European Union 9
4.3 Evaluate the impact of policies of the European Union on UK business organisation 9
Reference 10
Book sources: 11
Task 1 Write a report on UK diffent type of organisation
1.1 Identify the purpose of different types of organisation
Every organisation has its own unique entity. There are several types of organisation in the UK economy like partnership firm, sole proprietorship firm, private limited company, public limited company and Government Company (Buisness Dictionary, 2012). All these different types of business has different purpose as discuss below:
Sole proprietorship firm: In this firm there is only one owner who looks after the business activities and is solely responsible for it. The purpose of sole proprietorship is to achieve its sole trading...