Reference no: EM131757160 , Length: 3000 words

Prepare paper on "Business Environment: A case study of Toyota"

Task 1 and 2

LO1: Understanding the organizational purposes of businesses

1.1 Identification of the purposes of different types of organizations (AC: 1.1)

1.2 Description of the extent to which an organization meets the objectives of different stakeholders (AC: 1.2)

1.3 Explanation of the responsibilities of an organization and strategies to meet them (AC: 1:3)

LO2: Understanding of the nature of the national environment in which the business operates

2.1 Explanation of how the economic system attempts to allocate resources efficiently (AC 2.1)

2.2 Assessing the impact of the fiscal and the monetary policies of the business organizations and their activities (AC: 2.2)

2.3 Evaluation of the impact of the competition policy and the other regulatory mechanisms on the activities of a selected organizations (AC: 2.3)

LO3 understanding the behavior of the organizations in the market environment

3.1explanation of how market structure and market conditions can determine the pricing strategies of an organization like Toyota (AC: 3.1)

3.2Illustration of the ways in which the market forces shapes organizational responses using a range of examples (AC: 3.2)

3.3 Judging the business and the cultural environments shape the behavior of the selected organization (AC: 3.3)

LO4: Assess the significance of the global factors that shape national business activities
4.1 Discussion of the importance of international trade to Toyota UK business (AC: 4.1)

4.2 Analysing the impact of the global factors on Toyota UK business (AC: 4.2)

4.3 Evaluation of the impact of the policies of the European Union on Toyota UK business (AC: 4.3)