A company that has been highly successful in a developing country now believes that its products and methods may also prove popular and effective on a wider, even global, basis. As a step in this development, it is considering setting up a production facility in England. If this venture works well, it plans to roll out distribution across the European Union.
Lesson 5 Identification of how departmental activity supports organisational purposes.
Lesson 6 Preparation and completion of Assignment task 1: Lesson 7 Functional areas in organisations. Lesson 9 Preparation and completion of Assignment task 2: Assessment To achieve a pass grade the evidence must show that the learner is able to: To achieve a merit grade the evidence must show that, in addition to the pass criteria, the learner is able to: To achieve a distinction grade the evidence must show that, in addition to the pass and merit criteria, the learner is able to: P1 define aims and objectives M1 compare the aims and objectives of different businesses D1 assess whether a selected business meets its aims and objectives.
P2 describe the purpose for a business in setting aims and objectives [ IE ] P3 write aims and objectives for a selected business P4 describe the functional areas in two contrasting business organisations [CT] M2 compare the interaction of functional areas and how they relate to each other in two selected businesses to support the business objectives.
P5 explain how these functional areas link in one of these organisations.1 Credit value: 5 Learning outcomes After completing this unit, you should be able to achieve the following learning outcomes: 1.
set business aims and objectives 2.
|Economics Unit 2 – Business Organization – SchoolWorkHelper||By being able to harness the other three factors of production, the entrepreneur creates a private market that is able to meet the needs and wants of members of society.|
understand the main functional areas in business organisations. There are over million business organisations in the UK.
Economics Unit 2 – Business Sole Proprietorships Sole proprietorship – business owned and run by a single person who has the rights to all profits and unlimited liability for all debts of the firm. IB Business & Management Revision Workbook – ANSWERS 1. 2 Types of Organisation 1 Unit Unit Types of Organi sat ion Types of Organi sat ion5/5(1).
Unit 2 Business resources.
Aim and purpose. The aim of this unit is to develop learner knowledge of the range of human, physical, technological and financial resources required in an organisation, and how the management of .
AQA GCSE Business Studies - Growing A Business Learn with flashcards, games, and more — for free. Unit 2 Business Organisations.
This unit ties in closely with Unit 1 (Business Activity) and logically follows this Relationship between business objectives, growth and organisation.
Types of business organisation. Limited and unlimited liability. Growth of multinational organisations.