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MAN1062 Business Environment : Integrated Approach to Business Studies

Scenario

Know the range of different business and their ownership. Prepare a factsheet for your CEO. Your CEO will use this information at the meeting. You have been asked to prepare a factsheet on 2 businesses.
 
That you have written a brief introduction to the topic and a conclusion. Your factsheet should include
information about two different businesses.

Task 1 (LO 1) P1
A description of the business
Size and scale of business
Business ownership type and
Information about liability for debts
To achieve the P1, learner has to produce a factsheet. 
keholder exert in one organisation
 
Task 2 and 3
To achieve P2 & P3 learner will need to research the following for both companies (Report)
What do they sell (Product/ service) describe e.g. air travel / provide an education
Organisational structure e.g hierarchy structure / matrix/ flat. What are the advantages and disadvantages of these types of structures
Functional areas: list the key areas or departments they have in organisation. E.g. IT, marketing
Type of structure. E.g. function/geographical/product / types of customers
Communication: oprn / closed
Span of control: narrow or wide

Task 4 Explain how the style of organisation helps your tow businesses fulfil their purpose

The learner is required to explain how the organisational structure and strategic planning help the
businesses to achieve their purpose and aims
To achieve P4, the learner is required to research the following information in both organisatons:
? What is the purpose of the organistaion e.g. to create excellent shakes/ to provide good deals to
customers
? Research the company aims, these will be different for private and public organistaions. E.g breakeven, survival, profit, growth, etc
? What is their strategic planning process?
? What are the strategic aims and objectives?
? What are the mission statements and values of the company?
 
Task 5, 6, 7
Explain the points of view of different stakeholders seeking to influence the aims and objectives of two
contrasting organisations.
You have to prepare a report that present differnet stakeholders viewpoints that are involved in the
business (Ryan air and Impact College). The report should include
a description of internal and external stakeholder
a brief description of business
viewpoints of internal and external stakeholders
say how their view influence the purpose of the business
 
Task 8 (M1) 

Explain the points of view of each stakeholder
an explaination of different points of view of each stakeholder
state the aim of each stakeholder is trying to achieve e.g. to maximise profit, or to minimise carbon
footprint (refer to P4)

Task 9 (D1) Report 
Evaluate the influence different stakeholder exert in one organisation
An evaluation of the influence of different stakeholders
A priority ranking of the stakeholders eg. 1-important, 5 least important
A statement about the importance of each stakeholder and why you believe this to be the case. 
 
Task 10 
P5- Describe the influence of two contrasting economic environments on business activities within a
selected organization.
P6- Describe how political, legal and social factors are impacting upon the business activities of the
selected organisations and their stakeholders
M2 - Compare the challenges to selected business activities within a selected organisation, in two different economic environments
M3 - Analyse how political, legal and social factors have impacted on the two contrasting organisations.
 
1. Research their organisation e.g. Tesco
2. Research a range of topics (Political, legal, social) and their impact on business and its stakeholders
3. Say how these factors affect the business operating abroad in a different environment 
 
Task 11 
Evaluate how future changes in economic political, legal and social factors, may impact on the
strategy of a specified organisation.
 
Scenario:
Using the information you gathered in Task 7, evaluate how future changes in political, legal and social
factors could impact on the strategy of each business you investigated. The evaluation should be presented as a formal document as it will accompany the report you produced in Task 10 

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