Unit 1 Business Environment

Unit 1 Business Environment
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Module Booklet
Course: EDEXCEL BTEC (HND) BUSINESS
Group: Ed
excel Level
Module: BUSINESS ENVIRONMENT
Module type:
CORE
Module Code: Unit 1 –Y/601/0546
Module Credit: 15
Teaching Period: (15 weeks)
Level: 4 (QCF)
Contact Hours: (21*3 = 63, i.e. 15*3+ 6*3)
Lecturers:
15 weeks
Revision Clinic: 3 week
Feedback and assignment guidance: 3 weeks

Start date: 27thJanuary 2014
Day: Wednesday
Time: 18:00-21:00
Campus:Wentworth House
Term:
Winter Term
CONTENTS
1.
INTRODUCTION,
AIMS AND OBJECTIVES
2.
MODULE
OUTLINE AND TEACHING METHODS
3.
READING
AND COURSE PREPRATION
4.
LECTURE
WITH DETAILED COURSE PROGRAMME AND OBJECTIVES
5.
ASSESSMENT
DETAILS

1. INTRODUCTION
Organisations have a variety of purposes that
depend on why they were established. Some operate for profit, whilst others do
not. Organisations structure themselves and operate in ways that allow their
objectives to be met. Every organisation has a range of stakeholders whose
interests need to be satisfied, but stakeholders have competing interests that
may be hard to reconcile.
Businesses operate in an environment shaped by the
government, competitors, consumers, suppliers, and international factors.
Learners will understand that some influences on the business environment are
direct and clear, for example taxation policies on corporate activities. Other
influences are less clear, perhaps coming from the international arena and
sometimes with only an oblique impact on the national business environment.
It is within this business environment that
organisations function and have to determine strategies and a modus operandi
that allow them to meet their organisational purposes in ways that comply with
the relevant legal and regulatory frameworks. In addition, business markets
take various forms and the structure of a market enables an understanding of
how organisations behave. In this unit learners will consider how different
market structures shape the pricing and output decisions of businesses, as well
as other aspects of their behaviour.
Aim:HND Assignment Help
The
aim of this unit is to give learners the knowledge and understanding of how a
business unit can strategically organise and plan for likely future outcomes in
order to be successful.
Key Objectives:
Learning
Outcomes and assessment criteria:
On successful completion of this unit a learner will:
1. Understand the organisational purposes of
businesses
Categories of
organisation: legal structure; type e.g. private company,
public company,
government, voluntary organisation, co-operative,
charitable; sector (primary, secondary tertiary)
Purposes:
mission; vision; aims; objectives; goals; values; profits; market share;
growth; return on capital employed (ROCE); sales; service level; customer
satisfaction; corporate responsibility; ethical issues
Stakeholders:
owners; customers; suppliers; employees; debtors; creditors; financial
institutions (banks, mortgage lenders, credit factors); environmental groups;
government agencies (central government, local authorities); trade unions
Responsibilities
of organisations: stakeholder interests; conflict of
expectations; power influence matrix; satisfying stakeholder objectives; legal
responsibilities eg consumer legislation, employee legislation, equal
opportunities and anti-discriminatory legislation, environmental legislation,
health and safety legislation; ethical issues eg environment, fair trade,
global warming, charter compliance eg Banking Code.
2. 2
Understand the nature of the national environment in which businesses operate
Economic systems: the allocation of scarce resources; effective
use of resources; type of economic system e.g. command, free enterprise, mixed,
transitional.

 

Theories and concept of human development and behavior
The UK economy:
size (gross domestic product, gross national product); structure; population;
labour force; growth; inflation; balance of payments; balance of trade;
exchange rates; trading partners; public finances (revenues, expenditure);
taxation; government borrowing; business behavioure.g. investment, objectives,
risk awareness; cost of capital; consumer behaviour; propensity to save;
propensity to spend; tastes and preferences
Government
policy:
economic goals; fiscal policy: control of aggregate demand; central and local
government spending; Public Sector Net Borrowing (PSNB) and Public Sector Net
Cash Requirement (PSNCR); euro convergence criteria, monetary policy; interest
rates; quantitative easing; private finance initiative (PFI); competition
policy (up-to-date legislation including Competition Act 1998, Enterprise Act
2002); Competition Commission, Office of Fair Trading; Directorate General for
Competition); European Commission); sector regulators e.g. Ofgem, Ofwat, Civil
Aviation Authority; Companies Acts; regional policy; industrial policy;
enterprise strategy; training and skills
policy.
3. Understand
the behaviour of organisations in their market environment
Market types: perfect competition, monopoly,
monopolistic competition, oligopoly, duopoly; competitive advantage, strategies
adopted by firms; regulation of competition Market forces and organisational
responses: supply and demand, elasticity of demand; elasticity of supply;
customer perceptions and actions, pricing decisions; cost and output decisions;
economies of scale, the short run; the long run, multi-national and
transnational corporations; joint ventures, outsourcing; core markets; labour
market trends; employee skills, technology; innovation; research and
development; core competencies; business environment (political, economic,
social, technical, legal, environmental); cultural environment.
4
Be able to assess the significance of the global factors that shape national
business activities
Global
factors:
international trade and the UK economy; market opportunities; global growth;
protectionism; World Trade Organisation (WTO); emerging markets (BRIC economies
– Brazil, Russia, India, China); EU membership; EU business regulations and
their incorporation in to UK law; EU policies e.g. agriculture (CAP), business,
competition, growth, employment, education, economics and finance, employment,
environment, science and technology, regional); labour movement; workforce
skills; exchange rates; trading blocs (e.g. monetary unions, common markets;
customs unions, free trade areas); labour costs; trade duties; levies; tariffs;
customs dues; taxation regimes; international competitiveness; international
business environment (political, economic, social, technical, legal,
environmental); investment incentives; cost of capital; commodity prices;
intellectual property; climate change e.g. Kyoto Protocol, Rio Earth Summit;
third world poverty; the group of 20 (G-20); global financial stability.
Section 2:
Learning Outcomes and assessment criteria
LO1. Understand the organisational purposes of
businesses
1.1 identify the purposes of different types of
organisation

Unit 4 – Personal  and professional development in health and social care
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
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 organization
LO3 Understand
the behaviour of organisations 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 organisational responses using a range of examples
3.3 judge how the 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 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 organisations.
Section 3:
Teaching and learning Methods
It is recommended that a range of strategies be
used to deliver this unit. Discussion, debate, individual workplace comparisons
and use of case studies are all elements of this unit. Where groups of learners
are from one organisation or sector, consideration of cultural issues can be
based upon the needs of the organisation or sector. Video footage, not necessarily
relating to business or management, or acting could be used to illustrate some
aspects of a business. The use of investigative tools is recommended to
encourage both self awareness and the practical application of the insights
gained.

Financial  management Assignment help
Section 4:
Assessment Methods -Summary
A key feature of the assessment strategy for this
unit is the practical application of the theoretical content to an
organisational situation at strategic level.
The assessment will consist of an individual report with an organization
chosen for the purpose to address all the learning outcomes.
Programme Specification
Accrediting
Body: EDEXCEL
Course: BTEC
HND IN BUSINESS
Unit: 1BUSINESS
ENVIRONMENT
Wk
Lecture
Schedule
Outcome
of session
Activity/seminar
and formative assessment
Resources
1
Introduction to the module. Understand the organisational purpose of
businesses. Identify the purpose of
different types of organisations. (1.2,1.2).
Introduction to the module, mode of assessment,
awareness of the awarding body, assessment criteria and the mode of
assessment.
Background of the expectations of the awarding
body.
Module handbook.

Influences on health and social care organization 
2
Organisational objectives linked with different
stakeholders (1.3)
Define organisational principles, purposes,
objectives and aims. Map and classify
stakeholders.
Addressing learning outcome 1.3
Power point slides
3
Responsibilities of an organisation and
strategies employed to meet them (1.4)
Analyse organisational responsibilities using
appropriate techniques based on practical problems.
Addressing learning outcome 1.4.
Power point slides
4.
Task 1 revision and feedback
Advise as to how to address the LO and criteria.
5
Nature of the national environment in which
businesses operate. Effective
allocation of resources (2.1)
Explain how economic systems allocate resources.
Addressing learning outcome 2.1.
Power point slides
6
Assessing the impact of fiscal and monetary
policy on business organisations and their activities (2.2)
Explain the impact of the fiscal and monetary
policy on businesses.
Discussion and addressing learning outcome 2.2.
Power point slides.
7
Evaluate the impact of competition policy and
other regulatory mechanisms on the activities of an organisation (2.3)
Describe a range of regulatory mechanisms of
different organizations.
Discussion and addressing learning outcome 2.3.
Case study and power point slides.
8
9
Explain how market structures determine the
pricing and output decisions of businesses (3.1).
Explain organisational behaviour in response to
changing environmental factors.
Discussion and addressing learning outcome 3.1.
Case study and power
point slides.
10
Investigate how market forces shape
organisational responses (3.2).
Analyse and evaluate a range of market forces
using Pestel analysis, swot analysis and Porter’s five-force model.
Addressing learning outcome 3.2.
Case study and power point slides.
11
Assess how the business and cultural
environments shape the behaviour of an organisation (3.3).
Explain organisation culture using the Schein
model of cultural levels.
Discussion and addressing learning outcome 3.3.
Case study and power
point slides.
12
13
Explore global factors that shape national
business activities and discuss the significance of international trade to UK
business organisations (4.1).
Describe and analyse global factors that shape
national business activities.
Discussion and addressing learning outcome 4.1.
Case study and power point slides.
14
Analyse the impact of global factors on UK business
organisations (4.2).
Analyse global factors effects on UK
organisations.
Addressing learning outcome 4.2.
Power point slides.
15
Evaluate the impact of policies of the European
Union on UK business organisations (4.3).
Analyse European Union impact on UK businesses.
Discussion and addressing outcome 4.3.
Power point slides.
16
ASSIGNMENT
SUPPORT AND ADVISE
17
ASSIGNMENT
SUPPORT AND ADVISE
18
REVISION AND
ASSIGNMENT SUBMISSION
19
ASSESSMENT
AND FEEDBACK
20
ASSESSMENT
AND FEEDBACK
21
FEEDBACK AND
ASSESSMENT
Recommended text and links:
Ian Worthington and Chris Britton, 2009, The
Business Environment
HNC/HND Business: Organizations, Competition and
Environment Core Unit 4 (BPP)
Claire Capon 2009, Understanding the Business
Environment (Pearson)
Journals and newspapers
Harvard Business Review Journal of Business
Management

Influences on health and social care organization 
The Financial Times and other daily newspapers,
which contain a business section and market reports
Websites
Www.bized.ac.uk provides case studies appropriate
for educational purposes.
www.cmi.co.uk
-The Chartered Institute of Management’s site
contains a useful knowledge centre
Www.ft.com -The Financial Times business sections
Www.thetimes100.co.uk -Multimedia resources
Wk.
Session
Update
Date
Signature
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

Lecturer: Mr
Nathaniel Owusu Frimpong
Campus: Wentworth
House
Contact
details: onathaniel@yahoo.com
Assessment:
The module
will be assessed meeting all the LO as specified by the awarding body, Ed
Excel.
Please read
the instructions carefully while addressing the tasks specified.
Contribution:
of the module
Outline
Details: reportapprox. 4000 words.
Details enclosed in the assignment brief.
Teaching and Learning Activities
The module tutor(s) will aim to combine lectures
with tutorial activities. This environment will provide opportunities for the
student to understand the course material through case study and text and to
apply it in a practical way. The intent is to facilitate interactive class
activities, and discussion about the significant role of research in a global
and local business environment.
2.3 Teaching Ethos

Unit 4 – Personal  and professional development in health and social care
The college’s approach towards teaching and
learning is simple and effective. The main aim of UKCBC is to assist learners
in maximising their potential by ensuring that they are taught clearly and
effectively. This will enable students to engage in the learning environment
and promote success in both their academic studies and subsequent career.
2.3.1 Methods
of Delivery:
LECTURES:
These will be developed around the key concepts as
mentioned in the indicative course content and will use a range of live examples
and cases from business practice to demonstrate the application of theoretical
concepts. This method is primarily used to identify and explain key aspects of
the subject so that learners can utilise their private study time more
effectively.
SEMINARS:
These are in addition to the lectures. The
seminars are designed to give learners the opportunity to test their
understanding of the material covered in the lectures and private study with
the help of reference books. This methodology usually carries a set of
questions identified in advance. Seminars are interactive sessions led by the
learners. This method of study gives the learner an excellent opportunity to
clarify any points of difficulty with the tutor and simultaneously develop
their oral communication skills.
CASE STUDIES: An

Theories and concept of human development and behavior
important learning methodology is the extensive use of case studies. They
enable learners to apply the concepts that they learn in their subjects. The
learners have to study the case, analyse the facts presented and arrive at conclusions
and recommendations. This assists in the assessment of the learner’s ability to
apply to the real world the tools and techniques of analysis which they have
learnt. The case study serves as a supplement to the theoretical knowledge
imparted through the course work.
Plagiarism:
Any act of plagiarism will be seriously dealt with
according to the colleges and awarding bodies’ regulations. In this context the
definition and scope of plagiarism are presented below:
Plagiarism
is presenting someone’s work as your won. It includes copying information
directly from the web or books without referencing the material; submitting
joint coursework as an individual effort; copying another student’s coursework;
stealing coursework form another student and submitting it as your own work.
Suspected plagiarism will be investigated and if found to have occurred will be
dealt with according to the college procedure. (For further details please
refer to the plagiarism policy and the student code of conduct.)
Assessment:
The module
will be assessed meeting all the LO as specified by the awarding body, Ed
Excel.
Please read
the instructions carefully while addressing the tasks specified.
Contribution:
100% of the module
Outline

Theories and concept of human development and behavior
Details: report approx. 4000 words. Details enclosed in the assignment brief

ukcbc newASSESSEMENT
Unit1: BUSINESS ENVIRONMENT (Y/601/0546)
Learning Hours: 60 Hours.
Self-learning hours: 90 hours.
Course: HND Business – Level CREDIT VALUE: 15 CREDITS
Term:
Lecturer: Jackline Mutugi
Verifier: Sunita Kotta
Learners Name
Registration Number
Learners Declaration: I certify that
the work submitted for this unit is my own:
Signed:
Hand out Date: Submission
Date:
The Following Sections to be completed
by the assessor:
Center Name:
UKCBC
Center Number:
Please note that the assessor’s
signature below denotes conformation that he/she has in no way influenced the
outcome of the assessment:
Assessors Name:
Jackline Mutugi
Assessors Signature:
Has the unit been Internally
Verified? Y/N
Date of verification:
Internal verifiers signature:
Internal verifiers assignment brief:

PGBM73 MBA Dissertation
Due Dates
Issue Date
Due Date:
15th week
Due Task- 1
Final due date where e-learning will be blocked
for Sept 2013 intake
04/08/14
Due Task- 2
Final due date where e-learning will be blocked
for Jan 2014 intake
05/03/2014
Due Task- 3
02/04/2014
Due Task – 4
Learning outcomes
On successful completion of
this unit a learner will:
Assessment criteria for pass
The learner can:
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

Financial  management Assignment help
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
LO3 Understand the behaviour of
organisations 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
organisational responses using a range of examples
3.3 judge how the 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 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 organisations.
Outcomes
Evidence for the criteria to pass.
Assessors decision
Internal verification decision.
(agree, disagree)
TASK 1: The objective for this task is to address
and exhibit an understanding to the Organizational purposes of the
business. You are required to address
the task as specified and research Sainsbury PLC to address the learning
outcomes as specified: Please note
that the research and subjective skill needs to exhibit transferable skill by
reflecting it to the chosen organization. Answers reflected without
reflective practice will be referred.
Learning
outcome 1
LO1 Understand the
organisational purposes of
businesses
P 1.1Explain briefly the following types of organisaitons and their purposes:
a) Virgin Group LTD
b)
Sainsbury PLC
c)
MC Donalds
d)
National Health services
(NHS) England
e)
A corner shop near where you
live.
P1.1
(P, M, D)
P1.1 (P, M, D)
P1.2Considering Sainsbury PLC, describe the extent to which it meets the
objectives of its different stakeholders.
P1.2
(P, M, D)
P1.2 (P, M, D)
P1.3 Considering Sainsbury PLC, explain its various responsibilites as an
organisaiton and the strategies it employs to meet them.
P1.3
(P, M, D)
P1.3 (P, M, D)
Summarized
Feedback for Task 1(reflecting 1.1, 1.2, 1.3, Pass,merit and distinction.)
IV
comments towards
Task
1
TASK
2 The objective of this task is to address and
exhibit an understanding to the nature of the national environment in which
business operate. To address this Learning outcome, research Sainsbury Plc.
and address the task as specified. Please note that the research reflecting
only subjective skills and without reference to the chosen scenario will be a
referred work.
LO2 Understand the nature of the
national environment in which businesses
operate
P 2.1 Giving relevant examples, briefly
explain how different economic systems such as: command, free
enterprsie,mixed and transitional systems attempt to allocate resources
effectively
P2.1
(P, M, D
P2.1
(P, M, D
P2.2 ConsideringSainsbury PLC UK, assess the impact of fiscal and monetary policy on
their activities
P2.2
(P, M, D
P2.2
(P, M, D
P 2.3 Explain the impct of competititon policy and other regulatory
mechansism on the activities of Sainsbury PLC UK.
P2.3
(P, M, D
P2.3
(P, M, D
Summarized
Feedback for Task 2(reflecting 2.1, 2.2, 2.3, Pass merit and distinction.)
IV
comments towards
Task
2
TASK 3:The
objective of this task is to understand the behaviour of organizations in
their marketing environment. To
address this learning outcome e you are suppose to continue your research on
the chosen organization, Sainsbury PLC and address the learning outcome as
specified.
LO3 Understand
the behaviour of
organisations in
their market environment
P3.1 Explain how market structures determine the pricing and output deicisons
of Sainsbury PLC UK.
P 3.1
(P,M,D)
P3.1
(P,M,D)
P 3.2 Illustrate how market forces shape Sainsbury PLC UK responses using a
range of examples.
P3.2
(P,M,D
P3.2
(P,M,D)
P 3.3 Judge
how the business and cultural envoronments shape the behaviour of Sainsbury
PLC UK.
P3.3
(P,M,D)
P3.3
(P,M,D)
Summarized
Feedback for Task 3(reflecting 3.1, 3.2, 3.3, 3.4, Pass merit and
distinction.)
IV comments towards
Task
3
TASK 4 The
objective of this task is to understand the global factors and assess the
significance of the global factors that shape national business activities.
To address this task continue your research with Sainsbury PLC and address
the Learning outcomes as specified. Please note work reflected without
address to the chosen organization will be refereed.
TASK
4
LO4 Be able to assess
The significance of
the globalfactors
that shape national
business activities.
P 4.1 Discuss the significance of international trade to Sainsbury PLC UK.
P 4.2Analyse the impact of global factors on Sainsbury PLC UK.
P4.3 Evaluate the impact of polciies of the European Union on Sainsbury PLC
UK.
Summarized
Feedback for Task 4(reflecting 4.1, 4.2, 4.3, Pass merit and distinction.)
IV comments towards
Task
4
Merit
grades awarded
M1
M2
M3
P1
P2
P3
P4
Distinction grades awarded
D1
D2
D3
Resubmit :
Any
other comments
Grade
given by the Assessor:
Pass Merit
Distinction
Assessors
Signature:
Date:
IV
Grading Check: Comments if
any:
Agree
Disagree
Modify grade to
IV
signature:
Date:
Students
feedback:
Student
Signature: Date:
Any act of
plagiarism will be seriously dealt with according to the colleges and
awarding bodies’ regulations. In this context the definition and scope of
plagiarism are presented below:
Plagiarism is presenting someone’s work as
your won. It includes copying information directly from the web or books
without referencing the material; submitting joint coursework as an
individual effort; copying another student’s coursework; stealing coursework
form another student and submitting it as your own work. Suspected plagiarism
will be investigated and if found to have occurred will be dealt with
according to the college procedure. (For further details please refer to the
plagiarism policy and the student code of conduct.) UNIT 34: HERITAGE AND CULTURAL TOURISM MANAGEMENT
ASSIGNMENT
Sainsbury’s
was founded in 1869 and today operates over 1,106 supermarkets and convenience
stores and employs around 157,000 colleagues. Sainsbury puts its customers at
the heart of everything and does and invests in is stores, their colleagues and
their channels to deliver the best possible shopping experience. Sainsbury’s strong
culture and values are part of its identity and integral to its success.
Sainsbury’s Business strategy & objectives Top of Form
We have a clear, long-term strategy to deliver our
vision of being the most trusted retailer where people love to work and shop.
Our values
Top of Form
Our five
values provide the framework for how we do business at Sainsbury’s. They guide
us in everything we do – from key business decisions to day-to-day activities.
Bottom of Form
Sainsbury’s 20×20 Sustainability Plan
We
continue to make significant progress against our 20×20 Sustainability
commitments, with many activities – from zero waste to landfill, to 100% fresh
British pork, to progress in salt reduction in cooked meats – several years in
the making.
It has
also been a landmark year for our sector, with trust very much in focus. From
the scandal of horsemeat to the tragic collapse of the Rana Plaza factory in
Bangladesh, questions have been raised about the values behind the products we
buy. And whilst Sainsbury’s was not directly affected, I have no doubt that the
impact across our sector has been significant.
Ref: http://www.j-sainsbury.co.uk/
You are
advised to useSainsbury PLC as your scenario and address the following tasks as
specified below:
Bottom
of Form
TASK
1 to TASK 4: You are required to follow the instructions as specified towards
each task and support with a research by using supportive materials like books,
websites, etc., and give a feedback on the findings by relating your arguments
to the relevant case study as specified towards each task:
Task 1.
The
objective for this task is to address and exhibit an understanding to the
Organizational purposes of the business.
You are required to address the task as specified and research Sainsbury
PLC to address the learning outcomes as specified: Please note that the research and subjective
skill needs to exhibit transferable skill by reflecting it to the chosen
organization. Answers reflected without reflective practice will be
referred.
P1.1. Explain briefly the following
types of organisaitons and thier purposes:
f)
Virgin Group LTD
g)
Sainsbury PLC
h)
MC Donalds
i)
National Health services (NHS)
England
j)
A corner shop near where you
live.
P 1.2 Considering Sainsbury PLC,
describe the extent to which it meets the objectives of its different
stakeholders.
P 1.3Considering Sainsbury PLC, explain its various responsibilites as an
organisaiton and the strategies it employs to meet them.
TASK 2:
The
objective of this task is to address and exhibit an understanding to the nature
of the national environment in which business operate. To address this Learning
outcome, research Sainsbury Plc and address the task as specified. Please note
that the research reflecting only subjective skills and without reference to
the chosen scenario will be a referred work.
P 2.1Giving relevant
examples, briefly explain how different
economic systems such as: command, free enterprsie,mixed and transitional
systems attempt to allocate resources effectively with refernce to Sainbury PLC.
P 2.2
Considering Sainsbury PLC UK,
assess the impact of fiscal and monetary policy on their activities.
P 2.3
Explain the impct of
competititon policy and other regulatory mechansism on the activities of Sainsbury
PLC UK.
TASK 3
The
objective of this task is to understand the behaviour of organizations in their
marketing environment. To address this
learning outcome e you are suppose to continue your research on the chosen
organization, Sainsbury PLC and address the learning outcome as specified.
P 3.1Explain how market structures determine the pricing and output deicisons
of Sainsbury PLC UK.
P 3.2Illustrate how
market forces shape Sainsbury PLC UK responses using a range of examples.
P 3.3Explain how the
business and cultural envoronments shape the behaviour of Sainsbury PLC UK.
TASK 4
The objective of this task is to understand the global factors and assess
the significance of the global factors that shape national business activities.
To address this task continue your research with Sainsbury PLC and address the
Learning outcomes as specified. Please note, work reflected without addressing to
the organization chosen for the purpose will be refereed.
P 4.1Discuss the
significance of international trade to Sainsbury PLC UK.
P 4.2Analyse the impact
of global factors on Sainsbury PLC UK.
P 4.3Evaluate the impact of polciies of the European Union on Sainsbury PLC UK.
Assignment Guidelines:
Ø Use a
standard report structure, Word-process the report and use Normal script of a
proper font size 12.
Ø Produce
an academic report, detailing the above issues with a word limit of 4000 to
4500 words.
Ø Complete the title page and sign the statement
of authenticity.
Ø The
Assignment sheet should be attached in the front.
Ø Submit
the document in a folder in the form of a file as well as a soft copy on the
submission date.
Ø It
should be uploaded on E-Learning platform before the deadline and submitted to
——– and sign the submission form of the college.
Ø Assignments
submitted after the deadline will not be accepted unless mitigating and may be
entitled for a late fee.
Ø Collusion and Plagiarism must be avoided.
Ø Start
each answer on a new page and pages should be numbered. Highlight each question
clearly.
Ø Include
a Bibliography at the end of the assignment and use the Harvard referencing
system.
Ø All work
should be comprehensively referenced and all sources must be fully
acknowledged, such as books and journals, websites (include the date of visit),
etc.
Ø Try to
give the page numbers, publishers’ details and the year of publication
Ø In order
to pass you need to
address all the LO
Ø In order
to get a merit you need
to first pass and then address the characteristics of M1, M2,M3
Ø In order
to get a Distinction
you need to first pass, address all the merit characteristics and then address
the characteristics of D1, D2 and D3.

Use a common format
for the questions, for example:
Ø Introduction
(analyze the question.)
Ø Underpinning
Knowledge (write about the relevant theory/points)
Ø Applied knowledge
(Data Analysis)
Ø Conclusions
and Recommendations (summarizing the whole scenario keeping in view pass,
merit, distinction criteria.)
Student feedback form with the
Assessment Grid indicating their pass, merit and distinction:
Name:
Registration Number:
Unit: Management accounting
Outcomes/criteria:
Indicative characteristics
Possible evidence
Feedback
P1.
P2.
P3.
P4.
As per the assessment criteria
specified for pass
Do
Do
Do
Task 1
Task 2
Task 3
Task 4
Merit Description:
M.
Identify and apply strategies to find appropriate solutions.
. Relevant theories and techniques
have been applied.
. Effective judgments have been
made.
. Complex problems with more than
one variable have been explored.
. An effective approach to study and
research has been used.
M2.
Select/ design and apply appropriate methods/ techniques.
. A range of methods and techniques
has been applied.
. A range of sources of information
used.
. The selection of methods and
techniques justified.
. Complex information/data have been
synthesized and processed.
.Appropriate learning methods/
techniques applied.
M3.
Present and communicate appropriate findings.
. Appropriate structure and approach
has been used.
. Logical and coherent arguments
have been presented
. Technical language accurately
used.
. A range of methods of presentation
has been used.
. Familiar and unfamiliar contexts
have been used.
. It is appropriate for familiar and
unfamiliar audiences.
Distinction
Description:
D1. Use
critical reflection to evaluate own work and justify valid conclusion.
. Synthesis has been used to
generate and justify valid conclusions
. The validity of results has been
judged
. Self-criticism of approach has taken place.
. Evaluation has taken place using
defined criteria
. Realistic improvements have been
proposed against defined characteristics for success.
D2. Take
responsibility for managing and organizing activities.
Autonomy/independence demonstrated
Substantial activities/projects or
investigations have been planned, managed and organized.
The unforeseen has been
accommodated.
The importance of interdependence
has been recognized.
D3.
Demonstrate convergent, lateral and creative thinking
Ideas generate and decisions taken
Convergent and lateral thinking have
been applied
Capacity for innovation and creative
thought has been used.
Receptiveness to new ideas has
demonstrated.
Unfamiliar contexts have been
applied.
Learning outcomes
On successful completion of
this unit a learner will:
Assessment criteria for pass
The learner can:
LO1 Understand the
organisational purposes of
businesses
1.2
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 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
LO3 Understand the behaviour of
organisations 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
organisational responses using a range of examples
3.3 judge how the 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 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 organisations.
Unit 16SALES DEVELOPMENT AND MERCHANDISING

 

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