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MNB1501 Business Management IA

tag 0 Download 12 Pages / 2,771 Words tag 10-06-2021


Task 1

Understand the organisational purposes of businesses  

Identify the purposes of different types of organisation

Describe the extent to which an organisation meets the objectives of different stakeholders  

Explain the responsibilities of an organisation and strategies employed to meet them  

Task 2

Understand the nature of the national environment in which businesses operate  

Explain how economic systems attempt to allocate resources effectively

Assess the impact of fiscal and monetary policy on business organisations and their activities

Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation  

Task 3

Understand the behaviour of organisations in their market environment  

Explain how market structures determine the pricing and output decisions of businesses

Illustrate the way in which market forces shape organisational responses using a range of examples

Judge how the business and cultural environments shape the behaviour of a selected organisation  

Task 4

Be able to assess the significance of the global factors that shape national business activities  

Discuss the significance of international trade to UK business organisations

Analyse the impact of global factors on UK business organisations

 Evaluate the impact of policies of the European Union on UK business organisation

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Total 12 pages

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