business environment
This written coursework assignment requires you to select and research the nature and operations of a UK business organisation (either listed or public sector) in order to apply the theories and concepts while carrying out the tasks given below. You may also choose the organisation in which you are currently employed (subject to approval by the tutor) to carry out this coursework. One page summary of the chosen organisation may be presented as an introduction.
You will be required to demonstrate that you have a good knowledge and understanding of organisational purpose and goals, nature of the national and market environment in which the organisation operates, and the external factors that affect the operation of the organisation.
The following tasks are required to be carried out:
Task 1:
a. Examine the various types of organisations and their purposes and compare the missions, goals, and the strategic objectives of your chosen organisation with a similar organisation.
b. Explain how stakeholders influence organisational missions and goals and discuss how and to what extent your chosen organisation (responsibilities) meets stakeholder expectations.
Task 2:
a. Explain the nature of UK economic system and how it affects business organisation such as yours.
b. Discuss how governments manage the national economy briefly and analyse the impact of fiscal and monetary policy on businesses such as your chosen organisation.
c. Analyse how competition policy and regulatory mechanism work in the UK in relation to your chosen organisation.
Task 3:
a. Using your chosen company as an example, explain how market structure determines the pricing and production decisions.
b. Using a range of examples, analyse how market forces influence the organisational response and examine how your organisation would respond.
c. Discuss the business and cultural environment of your selected organisation and assess to what extent it shapes the behaviour of the organisation.
Task 4:
a. Discuss how international trade affects the UK business organisation and analyse the impact of global factors on UK businesses, including your chosen organisation.
b. Assess the role and impact of EU policies and directives on the UK businesses using your organisation as an example.
