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Unit 1: Business Environment; Influences on a Business

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  COLLEGE OF BANKING AND FINANCIAL STUDIES
                                         DEPARTMENT OF PROFESSIONAL STUDIES
 
BE – Assignment 2

Qualification Unit number and title
Pearson BTEC Level 5 HND Diploma in Business Unit 1: Business Environment
Semester Batch
1 Fall 2015-16
Student name Assessor name
  Ms. Marta Owen, Ms. Kifah
Student No. Internal Verifier (IV) name
   Dr. Salman Nusrat
Date issued Completion date Submitted on
February 14, 2016 Formative   –  April 28, 2016
Summative –  May 12, 2016		  
   
Assignment title The influences on a business

 

LO  
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)		  
3 Understand the behaviour of organisations in their market environment 3.1 Explain how market structures determine the pricing and output decisions of businesses 1    
3.2 Illustrate the way in which market forces shape organisational responses using a range of examples 2    
3.3 Judge how the business and cultural environments shape the behaviour of a selected organisation 3    
4 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 organizations 4        
4.2 Analyze the impact of global factors on UK business organizations 5    
4.3 Evaluate the impact of policies of the European Union on UK business organizations 6    
Learner declaration  
I, certify that this assignment is my own work and not copied or plagiarised. It has not previously been submitted as part of any assessment for this qualification. All the sources, from which information has been obtained for this assignment, have been referenced. (Harvard format).
I further certify that I have read and understood the College of Banking and Financial Studies rules and regulations about plagiarism and I agree to be bound by them.
 
Student signature: ___________________________            Date:——————————————		  
 
 
 
 
Assignment brief		  
Assignment title Understand the behaviour of organisations in their market environment and assess the significance of the global factors that shape national business activities        
 
 
 
Task 2 – LO3 – 3.2 – (P, M1, D2)
 
Gold prices have gone down over the last year. Silver prices however have gone up over the last year.
Illustrate how the other Market Forces reacted to this change of price for each product. Draw the market cycle for each and draw conclusion as to which determinants of demand and supply play a role in the above scenario. (3.2) (P, M1, D2)
 
To achieve a Pass you must correctly draw the market cycle for both Gold and Silver and explain in full what has happened and why.
 
To achieve an M1 you must correctly conclude which determinants of Demand and Supply are playing a role.
 
To Achieve D2 you must have demonstrated ability to work independently and submitted assignment on time.
 
 
 		  
 
 
Task 6 – LO4  – 4.3 – (P, M3, D3)
 
The European Union develops Policies that must be followed by all member states.  Evaluate the impact of the Environment Policy on UK based McDonald’s business (4.3)  (P, M3, D3)
 
To achieve a Pass you must evaluate the impact of the environmental policy on the business.
 
To achieve M3 the work presented is clear, in an appropriate format and using proper terminology.
 
To achieve D3 you must demonstrate innovative and creative thinking in the context of the policies’ impact on business in the UK.		  

 

Evidence checklist Summary of evidence required by student Evidence presented
Task 1A Explain how market structures determine the pricing and output decisions of businesses  
Task 1B Illustrate the way in which market forces shape organisational responses using a range of examples  
Task 1C Judge how the business and cultural environments shape the behaviour of a selected organisation  
Task 2D Discuss the significance of international trade to UK business organizations  
Task 2E Analyse the impact of global factors on UK business organizations  
Task 2F Evaluate the impact of policies of the European Union on UK business organizations  

  Guidance notes               

  • Complete ALL TASKS in full sentence format, making sure that you fully address / answer, each of the questions asked.
  • Answer all Tasks separately.
  • Make sure all work is referenced properly and a full bibliography is provided
  • Use 14 point Arial or Times New Roman script, spacing of 1.5 lines.
  • Ensure pages are numbered.
  • Provide a list of references and use the Harvard referencing system.
  • Grammar and spell check required before Turnitin submission is made. Assignments with spelling errors will be returned unmarked
  • Upload the entire assignment in MS word format only into Turnitin.
  • Staple once to keep the pages of your work together.
  • Please Note: Grades given are subjected to External Verification

 
 
 
 
 
Assignment Feedback
 

Formative Feedback: Assessor to Student
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Action Plan
 
Summative feedback
 
 
 
 
 
 
 
 
 
 
 
Feedback: Student to Assessor
 
 
 
 
 
 
 
 
 
Assessor Signature
 		 Marta Owen
 
 
 		  
Date		  
 
IV Signature 		Dr. Salaman
 
 
 		  
Date		  
 
Student Signature		    
Date		  

 

 
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