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LO1 Understand the impact of socio-economic change on the development of commercial organisations in a business and services industry context

Unit 13: External Business Environment 

LO1 Understand the impact of socio-economic change on the development of commercial organisations in a business and services industry context

1.1 discuss the structure and operation of the UK economy

1.2  analyse current government economic policy and its effect on business and services industries

1.3  discuss income, wealth, employment and occupational distribution in relation to the provision of business and services operations

1.4 assess the demographic trends that influence employment patterns in business and services industries

1.5 analyse the social structures of people employed in business and services industries

LO2 Understand the effect of legal and political environments on business and service industries

2.1  discuss tine structure, operation and influence of local government

2.2  evaluate the role and influence of the EU, and its impact on business and services industries

2.3  assess the role- of pressure groups and their political influence in relation to national and local issues

2.4 analyse the legal framework within the UK, identifying the main differences between the English and Scottish systems

2.5 evaluate the legislative process as it affects business and services industries at both local and national level

LO3 Understand the statutory requirements for establishing and developing a business and services operation

3.1  assess the different types and characteristics of business that operate within the business and services sector

3.2  discuss the legal processes necessary for formation and dissolution of a registered company

3.3  analyse the structure and processes which determine- the responsibilities and control within a registered company



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