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The Register of Regulated Qualifications

View Unit : Business Environment

Unit
Unit Reference Number
Y/601/0546
Qualification Framework
QCF
Title
Business Environment
Unit Level
Level 4
Unit Sub Level
None
Guided Learning Hours
60
Unit Credit Value
15
Date of Withdrawal
SSAs
15.3 Business Management
Unit Grading Structure
Pass
Assessment Guidance

N/A

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Understand the organisational purposes of businesses

1.1

identify the purposes of different types of organisation

1.2

describe the extent to which an organisation meets the objectives of different stakeholders

1.3

explain the responsibilities of an organisation and strategies employed to meet them

2

Understand the nature of the national environment in which businesses operate

2.1

explain how economic systems attempt to allocate resources effectively

2.2

assess the impact of fiscal and monetary policy on business organisations and their activities

2.3

evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation

3

Understand the behaviour of organisations in their market environment

3.1

explain how market structures determine the pricing and output decisions of businesses

3.2

illustrate the way in which market forces shape organisational responses using a range of examples

3.3

judge how the business and cultural environments shape the behaviour of a selected organisation

4

Be able to assess the significance of the global factors that shape national business activities

4.1

discuss the significance of international trade to UK business organisations

4.2

analyse the impact of global factors on UK business organisations

4.3

evaluate the impact of policies of the European Union on UK business organisations

Equivalent Units
There are no equivalences to display.
2.4.6.0L