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BTEC HND in Business Module Booklet - Business Environment

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  • "BTEC HND in Business Module Booklet Unit 1 Business EnvironmentUnit level 4Unit codeY/601/0546Unit type CoreBlock Start Date Hand out date Submission Deadline Lectures & Formative Assessments 10 WeeksSummative Assessment & Feedback 2 WeeksGu..

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  • "BTEC HND in Business Module Booklet Unit 1 Business EnvironmentUnit level 4Unit codeY/601/0546Unit type CoreBlock Start Date Hand out date Submission Deadline Lectures & Formative Assessments 10 WeeksSummative Assessment & Feedback 2 WeeksGuided learning hours 60 Module Leader Lecturer pg. 1 0916 Table of ContentsBTEC HND in Business Module Booklet ................................................................................................................................... 11.1 Introduction ................................................................................................................................................................................. 31.2 Learning Outcome ..................................................................................................................................................................... 31.3 Essential Content ....................................................................................................................................................................... 31.4 Scheme of Work .......................................................................................................................................................................... 61.5 Teaching Ethos ............................................................................................................................................................................ 91.6 Methods of Delivery ................................................................................................................................................................ 101.7 Plagiarism ................................................................................................................................................................................... 10 1.8 Assignment brief ..................................................................................................................................................................... 111.9 Evidence to achieve Pass, Merit and Distinction ......................................................................................................... 142.0 Glossary of academic words used in this and other assignments ......................................................................... 16pg. 2 0916 1.1 IntroductionThe aim of this unit is to provide learners with an understanding of different organisations, the influence ofstakeholders and the relationship between businesses and the local, national and global environments.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 havecompeting interests that may be hard to reconcile.Businesses operate in an environment shaped by the government, competitors, consumers, suppliers, andinternational factors. Learners will understand that some influences on the business environment are direct andclear, for example taxation policies on corporate activities. Other influences are less clear, perhaps coming from theinternational 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 modusoperandi that allow them to meet their organisational purposes in ways that comply with the relevant legal andregulatory frameworks. In addition, business markets take various forms and the structure of a market enables anunderstanding of how organisations behave. In this unit learners will consider how different market structuresshape the pricing and output decisions of businesses, as well as other aspects of their behaviour..1.2 Learning OutcomeBy the end of this unit a student will be able to:1 Understand the organisational purposes of businesses.2 Understand the nature of the national environment in which businesses operate.3 Understand the behaviour of organisations in their market environment.4 Be able to assess the significance of the global factors that shape national business activities.1.3 Essential ContentLO1 Understand the organisational purposes of businessesCategories of organisation: legal structure; type e.g. private company, public company, government, voluntaryorganisation, co-operative, charitable; sector (primary, secondary tertiary)Purposes: mission; vision; aims; objectives; goals; values; profits; market share; growth; return on capitalemployed (ROCE); sales; service level; customer satisfaction; corporate responsibility; ethical issuespg. 3 0916 "

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