2013-14 BTEC Business Level 3 Unit 1 Assignment brief Essay

1. Know the range of diametrical businesses and their monomania 2. Understand how businesses argon organised to achieve their purposes 3. Know the impact of the economic environment on businesses 4. Know how political, legal and social factors impact on business.ContextThis assignment you go forth be required to research organisations that operate in different business environments. In the first part of the assignment you willing have to research the purposes and ownership of a range of topical anesthetic organisations. The second part of the assignment will look at organisations based in another country. The research carried out in this unit can be used as a basis for more detailed study in subsequently units.Scenario You work as a journalist at Northamptons Chronicle & Echo newspaper which is planning to run a feature article on local businesses. You will take aim to visit ii local businesses in order to carry out your research.Assignment 1.1You have been asked to prepare a Presentation for the Editor that may later be used as the basis for preparing an article aimed at the readership of your local newspaper.The first slides to your presentation should include a brief introduction to the two local businesses iodine business should be profit-making, e.g. Marks & Spencer one business should be not-for-profit, e.g. Malcolm Arnold Academy your two businesses should vary in size a description of the graphemes of your businesses a description of the purpose of your businesses, including the aims and objectives of your organisations a description of the ownership of your businesses. This should include an accurate, but not necessarily detailed, statement as to the extent of owners liability for debts.DESCRIBE the type of business, purpose and ownership of two contrasting businesses DeadlineFriday 27th September 2013Assignment 1.2You should continue to develop the presentation you started in Assignment 1.1 with a description of the different stakeholders wh o act upon the purpose of your two different organisations an explanation of the viewpoints of different stakeholders and how these seek to influence the aims and objectives of your business organisations an evaluation of the influence of different stakeholders on one of your two organisations a priority ranking of the stakeholders of your organisation, e.g. 1 = most important, 5 is least important a statement about the importance of each stakeholder and why you call up this to be the case. Your opinions should be supported by evidence from different sources. For each piece of evidence state how reliable you think it is and why.DESCRIBE the different stakeholders who influence the purpose of two contrasting businessesEXPLAIN the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisationsEVALUATE the influence different stakeholders exert in one organisationThe Chronicle & Echo plans to give a report as a follow up to your presentation, which was well received. In this report you will need to choose one of the two organisations from your initial article and compare it with an organisation from another country. This requires you to research a different economic environment, e.g. China or India, and to look at one business from that country. This business will then be compared with your UK business. Draw up a table of economic data for the UK and one other, contrasting, economic environment.Choose at least three economic topics and collect relevant data from two different countries, e.g. GDP, inflation or interest rates. utilize the data collected in your table describe the influence of two contrasting economic environments (i.e. the economic data collected) on business activities within your selected organisations. discriminate the challenges to their business activities that your two organisations face due to their economic environment, e.g. how does the inflation rate impact on supply costs or dema nd for your two businesses? print at least one paragraph for each piece of economic data for each business.DESCRIBE the influence of two contrasting economic environments on business activities within a selected organisation COMPARE the challenges to selected business activities within a selected organisation, in two different economic environments DeadlineFriday 18th October 2013