diff_months: 12

Programme: BTEC Higher National Diploma (HND) in Business ESBM (RQF)

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Added on: 2024-11-13 16:30:21
Order Code: SA Student Catalin Management Assignment(3_24_40974_759)
Question Task Id: 503825

ASSIGNMENT BRIEF

Programme: BTEC Higher National Diploma (HND) in Business ESBM (RQF)

Unit Number and Title Unit 1: Business and the Business Environment

Unit Level: 04

Unit Lecturer: Dr. Daba ChowdhuryLecturers Email d.chowdhury@lcc.ac.ukAssessment Title Business Environmental Analysis

Programme Coordinator: Mohammad M Haque

Email mm.haque@lcc.ac.uk

Personal Tutor: Monwara Begum

Personal Tutors Email: mb.chowdhury@lcc.ac.uk

Key Dates

Academic Year 2023- 2024

Issue date: 22/01/2024

Submission date: 11/04/2024

Result Published Date: 4 weeks after submission (Feedback is available after 3 weeks)

Submission Format

Learning Outcomes

The submission format is in the form of a report. Write the report in a concise style. You are required to use headings, paragraphs, and sub-sections as appropriate.

Work must be supported with research and referenced using the Harvard referencing system (or an alternative system). Inaccurate referencing use may lead to plagiarism issues if not applied correctly.

The recommended word limit is 2,5003,000 words, although you will not be penalized for going under or exceeding the total word limit.

Transferable skills and competencies developed:

Use analytical skills to conduct your analysis to conclude.

Provide information based on collation, analysis and interpretation of data.

Have creative thinking for presenting information and data in a simplified and informative manner.

Use digital skills, using different software applications to visually present information and data concisely.

Communicate effectively in all forms, written, visual and oral, for operating efficiently in the international business environment.

Vocational scenario

In the United Kingdom, retail companies such as Tesco, Asda, and Sainsbury, operating in various store formats, expanded and dominated the UK retail market share.

Later on, these retail companies faced a challenging retail environment in the UK due to the economic downturn sparked by Brexit. These, coupled with rising oil prices, caused customers to reduce spending on non-essential items and opt for cheaper alternatives. Customers criticized big retailers for empty shelves and poor service during that time, while competitors improved stores and product offerings, meeting the demands of customers seeking quality and value for money.

In addition, the business environment significantly impacted the organizational structure of the retail industry in the UK. Several factors, such as economic conditions, technological advancements, and consumer behavior, influenced how retailers structured their organizations.

As a junior office in one of the retail organizations of your choice, your line manager has asked you to prepare a case study focusing on how the business environment has transformed the retail landscape. Additionally, provide suggestions on how your organization needs to adapt its organizational structures to integrate with these changesAssignment activity and guidance

Explain different types and purposes of organisations; public, private and voluntary sectors and legal structures of sole traders, partnerships, limited companiesExplain the size and scope of a range of different types of large-, medium-sized and small organisationsAnalyse how the structure, size and scope of different organisations link to the business objectives and product and services offered by the organisations. You will analyze it on two retail organization

Explain the relationship between different organizational functions, how they link to organizational objectives and structure, and analyze the interrelationships between organizational functions and the impact they can have upon organizational structureCritically analyse the complexities of different organisations and structures.

Discuss and identify both the positive and negative impacts that the macro environment has on business operations, supported by specific examples, and apply the PESTLE model appropriately to support a detailed analysis of the macro environment in your chosen organization.

Conduct a comprehensive internal and external analysis of your chosen organization to identify strengths and weaknesses. Explain how these strengths and weaknesses interrelate with external macro factors. Apply SWOT/TOWS analysis appropriately and justify how the findings influence decision-making within your chosen organization.

Provide a critical analysis of the complexities of different retail organizations and structures, and critically evaluate the impacts that both macro- and micro-factors have on the business objectives and decision-making processes of your retail organizationLearning Outcomes and Assessment Criterion:

Pass Merit Distinction

LO1 Explain the different types, sizes, and scopes of

organizations LO1 and LO2

D1 Provide critical

analysis of the

complexities of

different organizations

and structures.

P1 Explain different typesand purposes of

organizations, public,

private and voluntary

sectors and legal

structures.

P2 Explain the size and

scope of a range of

different types of

organizations. M1 Analyze how the

structure, size, and scopeof different organizations

link to the businessobjectives and product

and services offered by

the organizations. LO2 Demonstrate the interrelationship of the various

functions within an organization and how they link to

organizational structure P3 Explain the

relationship between

different organizational

functions and how they

link to organizationalobjectives and structure. M2 Analyze the

interrelationships

between organizational

functions and the impact

that can have upon

organizational structure. LO3 Use contemporary examples to demonstrate both the positive and negative influence/impact of the

macro environment has on business operations LO3 and LO4

D2 Critically evaluate the

impacts that both

Macro- and micro factors

have on businessobjectives and decision-making.

P4 Identify the positive

and negative impacts on the

macro environment has

on business operations,

supported by specificexamples. M3 Apply appropriatelythe PESTLE model to

support a detailedanalysis of the macro

environment in an

organization. LO4 Determine the internal strengths and weaknessesof specific businesses and their interrelationship with

external macro factors. P5 Conduct internal and

external analysis of

specific organizations in

order to identify strengthsand weaknesses.

P6 Explain how strengthsand weaknesses

interrelate with externalmacro factors. M4 Apply appropriatelySWOT/TOWS analysis and

justify how they influencedecision making. Textbooks:

BURNS, J. and NEEDLE, D. (2019) Business in Context: An Introduction to Business and its

Environment. 7th Ed. Cengage Learning.

MORRISON, J. (2020) The Global Business Environment: Towards Sustainability? 5th Ed.

Red Globe Press.

WETHERLEY, P. (Editor) and OTTER, D. (2018) The Business Environment: Themes and

Issues in a Globalized World. 4th Ed. Oxford: Oxford University Press.

WORTHINGTON, I. and BRITTON. C. (2018) The Business Environment. 8th Ed.

Harlow: Pearson.

Websites:

www.businessballs.com Businessballs

(General reference)

www. businesscasestudies.co.uk Business Case Studies

(case studies)

www.forbes.com Forbes

(General reference)

www.ibtimes.com International Business Times Business

(General reference)

www.ted.com TED Talks

Business and technology

(Video resources)

Links:

This unit links to the following related units:

Unit 2: Marketing Processes and Planning

Unit 25: Global Business Environment

Unit 43: Business Strategy

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