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  • "practical way. The intent is to facilitate interactive class activities, and discussion about the significant role ofresearch in a global and local business environment.1.6 Methods of DeliveryLECTURES:These will be developed around the key concepts ..

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  • "practical way. The intent is to facilitate interactive class activities, and discussion about the significant role ofresearch in a global and local business environment.1.6 Methods of DeliveryLECTURES:These will be developed around the key concepts as mentioned in the indicative course content and will use arange 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 theirprivate study time more effectively. SEMINARS:These are in addition to the lectures. The seminars are designed to give learners the opportunity to test theirunderstanding of the material covered in the lectures and private study with the help of reference books. Thismethodology usually carries a set of questions identified in advance. Seminars are interactive sessions led by thelearners. This method of study gives the learner an excellent opportunity to clarify any points of difficulty with thetutor and simultaneously develop their oral communication skills.CASE STUDIESAn important learning methodology is the extensive use of case studies. They enable learners to apply the conceptsthat they learn in their subjects. The learners have to study the case, analyse the facts presented and arrive atconclusions and recommendations. This assists in the assessment of the learner’s ability to apply to the real worldthe tools and techniques of analysis which they have learnt. The case study serves as a supplement to thetheoretical knowledge imparted through the course work.1.7 PlagiarismAny act of plagiarism will be seriously dealt with according to the colleges and awarding bodies’ regulations. In thiscontext 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 orbooks without referencing the material; submitting joint coursework as an individual effort; copying anotherstudent’s coursework; stealing coursework form another student and submitting it as your own work. Suspectedplagiarism 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.)pg. 10 0916 1.8 Assignment briefUnit 1 Business EnvironmentUnit code Y/601/0546Unit type CoreBlock Start date 21/11/2016Assignment/hand-out date 21/11/2016Deadline/hand-in date 12/02/2017Word count 3000 - 4000 APPROXIMATELYTask 1Case study - PRIMARKPrimark is a subsidiary company of the ABF (Associated British Foods) Group. The company was launched in 1969 inIreland trading as Penny's. By 2000, there were over 100 stores across Britain and Ireland. By 2012 Primark had 238branches across the UK, Ireland and Europe. Primark has become distinctive for offering unbeatable value whilstnever losing its innovative, fashion-driven edge.Like many retail fashion businesses, Primark does not manufacture goods itself. Its expertise lies in understanding itscustomers and working with its suppliers to produce goods to Primark’s specification. It then gets the right goods tothe right places at the right prices. Its profitability depends on sheer volume of sales. Primark's value-for-moneyprices rely on low costs. These are achieved in part through economies of scale and efficient distribution.Primark’s products are mainly sourced from suppliers in Europe and Asia. Its key sourcing countries are China, India,Bangladesh and Turkey. Putting the manufacturing of garments into these countries creates jobs. These are often atbetter rates of pay than other types of work on offer, improving overall standards of living.Read more: http://businesscasestudies.co.uk/primark/beyond-corporate-social- responsibility/introduction.html#ixzz4L0Tk1slYYou are required to; 1.1 Identify what type of organisation is Primark and discuss its purpose. In addition identify and discuss the purposeof one organisation within the following categories;pg. 11 0916 a) The public sectorb) Charityc) Cooperative1.2 Describe the extent to which Primark meets the objectives of its different stakeholders1.3 Explain the responsibilities of Primark as an organisation and the strategies employed to meet themTask 2 – Individual questions2.1 Different countries operate different economic systems to attempt to allocate resources effectively. Research andexplain the type of system operated in the following countries and reasons why you think they follow these systems.a) Cubab) United Kingdomc) China2.2 In the UK the Chancellor of the Exchequer and the Bank of England plays a significant role in regulating theeconomy. The tools used by them are referred to as Fiscal and Monetary policies respectively.You are required to assess the impact of fiscal and monetary policy on the following type of businessesa) Farmingb) Housing2.3 Competition is an essential element in the efficient working of markets. However businesses are of different sizesand that can create unfair competition. In the UK as in other European nations Competition policies are used toencourage and improve the competitive process, and to ensure consumers feel the benefits of that process. You are required to identify at least five competition policy and other regulatory mechanisms in the UK and evaluatetheir impact on the activities of a selected organization(s).Task 3 – Essay With the aid of practical examples and using suitable organisation(s).pg. 12 0916 "

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