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1.1 Describe the different types of organisations found in the public and private sectors in a named country

 

The key theme of this paper is how business operate in which you have to write a report that entails the explanation of different factors in detail such as important features of business environment, accounting for business, application of principles of accounting and present interpret, the principles of managing teams and leads in an organisation, the role of human resource department, the significance of customer service to organizational success, etc.

Instructions 

M/507/2220: HOW BUSINESSES OPERATE

1    KEY FEATURES OF A BUSINESS ENVIRONMENT

1.1 Describe the different types of organisations found in the public and private sectors in a named country

1.2 Explain the different structures within the businesses in the named country and suggest reasons for the variation

1.3 Describe how the local, national and global economic environment impacts on a particular named business

M1 Explain and exemplify how and why business objectives differ between different organisations

D1 Analyse the impact of the current national and global environments on businesses in the named country

2    THE IMPORTANCE OF ACCOUNTING FOR BUSINESS

P2.1 Explain the importance of accounting  for business success.

3    APPLYING KEY PRINCIPLES OF ACCOUNTING AND PRESENT INTERPRET DATA6

P3.1 Present and interpret key accounting information using profit and loss accounts

M1 Analyse business performance using basic ratios

D1  Analyse  business     performance   using   ratios and accounting information including budgets, profit and loss accounts, cash flow predictions and ratios

4    THE PRINCIPLES OF MANAGING AND LEADING TEAMS IN ORGANISATIONS 7 P4.1 Describe the stages of team development

P4.2 Car y out a Belbin analysis  to determine  own and others’ roles  within a team.

P4.3 Assess three motivation theories

P4.4 Describe different types of leadership style

M1 Explain why it might be appropriate to use different leadership and motivational styles in different situations

D1 Evaluate how motivational theories are used in businesses to motivate employees

D2 Evaluate the impact of different leadership styles on employees.

5    THE ROLE OF THE HUMAN RESOURCES DEPARTMENT

P 5.1 Describe the different functions car ied out by the HR department in a business

P 5.2 Outline key features of employment legislation

M1 Explain the benefits of employment legislation to employees and businesses

D1 Analyse the impact of employment legislation on businesses in a named country

6    THE IMPORTANCE OF CUSTOMER SERVICE TO ORGANISATIONAL SUCCESS 10 P 6.1 Explain the impact of customer service on business success

P  6.2 Explain the benefits  of customer profiling  to a business.

M1 Analyse the impact of customer service on business succes

D1 Analyse how customer profiling is used to help deliver targeted customer service 10


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