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1.1 Explain the different types of business sectors.

Assignment Brief

BUSINESS OPERATIONS

Unit Reference Number

L/650/1145

Unit Title

Business Operations

Unit Level

4

Number of Credits

20

Total Qualification Time (TQT)

200 hours

Guided Learning Hours (GLH)

100 hours

Mandatory / Optional

Mandatory

Task Grading Type

Pass / Refer

Unit Aims

Even though businesses are different in many ways, they do have some common features and are influenced by similar factors. This unit’s aim is to provide learners with the underpinning knowledge to contextualise and examine the fundamental factors which influence how a business operates within the context of its internal and external environment.

Learning Outcomes and Assessment Criteria

Learning Outcome – The learner will:

Assessment Criterion – The learner can:

1. Understand different types of businesses.

1.1 Explain the different types of business sectors.

1.2 Compare different types of businesses.

1.3 Compare different legal structures of businesses.

1.4 Illustrate how the type and structure of a business relates to its market and objectives.

2. Understand the relationships between business functions.

2.1 Explain the purpose of different functions of a business.

2.2 Explain the relationship between the different functions of a business.

2.3 Compare different organisational structures.

2.4 Suggest how functional relationships impact on how an organisation is structured.

3. Be able to measure a business’s internal environment.

3.1 Explain what is meant by the term ‘internal environment of a business.’

3.2 Explain why it is important to measure a business’s internal environment.

3.3 Apply a technique to quantify a business’s internal environment.

3.4 Assess a business’s internal environment.

4. Be able to measure a business’s external environment.

4.1 Explain what is meant by the term ‘external environment of a business.’

4.2 Explain why it is important to measure a business’s external environment.

4.3 Apply a technique to quantify a business’s external environment.

4.4 Assess a business’s external environment.

Unit Title Business Operations

Task 1 of 3

Unit Learning Outcome

Assessment Criteria

LO 1 Understand different types of businesses.

1.1, 1.2, 1.3 1.4

Assignment Brief and Guidance

Using an organisation you are familiar with, write an essay in which you:

  • establish the business sector in which it operates having first considered the different types of business sectors.

  • establish the type of business and its legal structure having first considered the different types and legal structures available to a business.

  • consider how the business’ type and structure relates to the sector and markets in which it operates.

Delivery and Submission

The submission is in the form of an essay written in Word format.

The recommended word limit is 500 words excluding diagrams, references, and appendices.

Referencing

You are expected to use relevant academic and reliable sources, and clearly reference these in your work.

References should be added to the text and placed at the end in a references list, using Harvard Referencing style.
 

Unit Title Business Operations

Task 2 of 3

Unit Learning Outcome

Assessment Criteria

LO 2 Understand the relationships between business functions.

2.1, 2.2, 2.3, 2.4

Assignment Brief and Guidance

Using the same organisation for Task 1, write an essay in which you:

  • consider the different functions of the business.
  • explain how these functions work together to achieve the business’ aims,
  • produce an organisation structure of the business showing the relationships between these functions,
  • consider why the business is structured in this way based on the size and importance of its different functions.

Delivery and Submission

The submission is in the form of an essay written in Word format.

The recommended word limit is 750 words excluding diagrams, references, and appendices.

Referencing

You are expected to use relevant academic and reliable sources, and clearly reference these in your work.

References should be added to the text and placed at the end in a references list, using Harvard Referencing style.

Unit Title Business Operations

Task 3 of 3

Unit Learning Outcomes

Assessment Criteria

LO 3 Be able to measure a business’s internal environment.

3.1, 3.2, 3.3, 3.4

LO 4 Be able to measure a business’s external environment.

4.1, 4.2, 4.3, 4.4

Assignment Brief and Guidance

Using the same organisation you used for Task 1 and Task 2, write an essay in which you:

  • consider the concepts of a business’ internal and external environments.

  • consider importance of measuring a business’ internal and external environment.

  • use appropriate techniques to analyse the business’ internal and external environment.

Once the environmental analysis has taken place you are to consider the impact of these environments on the ability of the business to conduct its operations and achieve its goals.

Delivery and Submission

The submission is in the form of an essay written in Word format.

The recommended word limit is 1750 words excluding diagrams, references, and appendices.

Referencing

You are expected to use relevant academic and reliable sources, and clearly reference these in your work.

References should be added to the text and placed at the end in a references list, using Harvard Referencing style.

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