LO1: Demonstrate an understanding on the key elements of the internal environment of organizations and the interaction with the external environment
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Level:
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4
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Module Title:
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Contemporary Business Environment
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Assignment titles:
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1. Organization and Business Environment- Report
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Employability skills assessed:
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- Reading, selecting, analyzing and synthesizing information from a range of sources
- Producing different types of document
- Participating in discussions
- Making small group/individual presentations
- Develop a strategy for using a range of skills to improve own learning and performance
- Preparing information
- Processing and presenting information
- Plan personal work schedules
- Working towards identified targets
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Learning outcomes assessed:
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LO1: Demonstrate an understanding on the key elements of the internal environment of organizations and the interaction with the external environment;
LO2: Identify how a market economy functions and the role of government within it;
LO3: Examine the economic environment within which businesses operate in the United Kingdom;
LO4: Explain why countries benefit from trade with each other
LO5: Make students aware of the growing impact of the European Union on British business.
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TASK DESCRIPTION – ASSIGNMENT 1 (Individual Report 100%)
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Explain how the business, cultural, and natural environments shape the behaviour of a selected organisation (organisation located in the United Kingdom). A business culture and environment has a great impact on organisational behaviour. There are two kinds of business environments: economic environment and non-economic environment. The economic environment includes economic system, economic policies and economic condition. On the other hand, non-economic environment consists of natural, demographic, technological, legal, political, and social environment. In addition, the natural environment includes geographical and ecological factors that influence the organisational behaviour. These factors include the availability of natural resources, weather and climatic condition, location aspect, topographical factors, etc. All these factors have a direct bearing on the business environment of your chosen organization and need to be addressed in your 3000-word response (word count explained in format below). In depth analysis using key resources/graphs/supporting details will be expected.
A maximum of 3000 words.
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Format
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Number of Words
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Introduction:
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400
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Body of Report: How do the Business, Cultural, Natural Environments shape the behaviour of your chosen organization?
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1500
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PESTEL and SWOT example and analysis:
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600
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Conclusion:
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500
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Please note the following when completing your written assignment:
- Writing: Written in English in an appropriate business/academic style
- Focus: Focus only on the tasks set in the assignment.
- Document format: Report
- Ensure a clear title, course, and name or ID number is on a cover sheet and a bibliography using Harvard referencing throughout is also provided.
- Research: Research should use reliable and relevant sources of information e.g. academic books and journals that have been peer reviewed. The research should be extensive.
The use of a range of information sources is expected – academic books, peer reviewed journal articles, professional articles, press releases and newspaper articles, reliable statistics, company annual reports and other company information. All referencing should be in Harvard style.
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Learning Outcomes tested
(from module descriptor)
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Assessment Criteria to achieve each outcome a student must demonstrate the ability to:
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- Demonstrate an understanding on the key elements of the internal environment of organisations and the interaction with the external environment.
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- The report task enables the student to demonstrate an understanding of how organisations make decisions based on the external environment. In this case, the impact that demand has had on prices of goods.
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- Identify how a market economy functions and the role of government within it
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- The report enables the student to demonstrate an understanding of how the market economy works and the principles of government that create the framework for it.
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- Examine the economic environment within which businesses operate in the United Kingdom
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- In the report the student is required to look at the market situation within the United Kingdom, with reference to a specific business environment.
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- Examine the global business environment and explain why countries benefit from trade with each other.
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- The report provides the student with the opportunity to look at the macro environment and at how specified countries are impacted by international economic scenarios.
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- Understand the growing impact of the European Union on the businesses operating in the EU environment
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- In the report the student is expected to look at not just the UK environment, but also beyond, at the EU level, as to how the business environment operates in the 21st century.
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