Table of Contents
Task - 1
1.1 Identify the purpose of different types of organization.
1.2 Describe the extent to which an organization meets the objectives of different stakeholders.
1.3 Explain the responsibilities of an organization and strategies employed to meet them.
Task - 2
2.1 Expalin how economic systems attempt to allocate resources effectively.
2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities.
2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization.
Task - 3
3.1 Explain how market structures determine the pricing and output decisions of businesses.
3.2 Illustrate the way in which market forces shape organizational responses using a range of examples.
3.3 Judge how the business and cultural environments shape the behavior of a selected organization.
Task - 4
4.1 Discuss the significance of international trade of UK business organizations.
4.2 Analyze the impact of global factors on UK business organizations
4.3 Evaluate the impact of policies of the European Union on UK business organizations.
In this assignment, business environment combination of internal and external forces that affect the operating situation of a bsiness enterprise.
It include forces such as customer and suppliers; competitors and suppliers; prograsses in technology; laws and government actions; and market, social, political and economic developments. Some forces are directly and some are indirectly operating of the business
Task - 1
Identify the purposes of different types of organization.
The objectives of different types of business organization in the following -
Sole proprietorship includes electricians, television repair person etc. sole proprietorship business in the objectives is - Sole proprietorship business helps to...