Unit 1 Biz Environment Syllabus
Unit 1 Biz Environment Syllabus
Unit 1 Biz Environment Syllabus
Unit code
L/508/0485
Unit type
Core
Unit level
Credit value
15
Introduction
The aim of this unit is to provide students with background knowledge and
understanding of business, the functions of an organisation and the wider business
environments in which organisations operate. Students will examine the different
types of organisations (including for profit and not for profit), their size and scope
(for instance, micro, SME, transnational and global) and how they operate.
Students will explore the relationships that organisations have with their various
stakeholders and how the wider external environments influence and shape
business decision-making.
The knowledge, understanding and skill sets gained in this unit will help students to
choose their own preferred areas of specialism in future studies and in their
professional career.
Learning Outcomes
By the end of this unit a student will be able to:
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Essential Content
LO1 Explain the different types, size and scope of organisations
Different types of organisations:
Differences between for profit and not for profit and non-government
organisations (NGOs).
Micro, small, medium-sized enterprises (SMEs). Different business purposes,
objectives and supply of goods and services.
The range of legal structures associated with different forms of business: sole
traders, partnerships and private limited companies.
Size and scope of organisations:
Differences between large, medium-sized and small organisations including
objectives and goals, market share, profit share, growth and sustainability.
Global growth and developments of transnational, international and global
organisations.
Differences between franchising, joint ventures and licensing.
Industrial structures and competitive analysis.
Market forces and economic operations e.g. scarcity and choice, supply and
demand, income elasticity.
Stakeholders and responsibilities of organisations to meet different
stakeholder interests and expectations.
LO2 Demonstrate the interrelationship of the various functions within an
organisation and how they link to organisational structure
The various functions within an organisation:
The role of marketing, finance, human resource management and operations
within an organisational context and the interrelationships.
How functions relate to overall organisation mission and objectives.
Organisational structure:
Different structures depending upon the size and scope of the organisation,
including bureaucratic and post-bureaucratic, parent, strategic business units
(SBUs), matrix and functional levels.
Organisation structures and complexities of transnational, international and
global organisations.
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Merit
Distinction
LO1 & 2
D1 Provide a critical
analysis of the
complexities of different
types of business
structures and the
interrelationships of the
different organisational
functions.
M2 Analyse the
advantages and
disadvantages of
interrelationships between
organisational functions
and the impact that can
have upon organisational
structure.
M3 Apply appropriately
the PESTLE model to
support a detailed
analysis of the macro
environment within an
organisation.
LO3 & 4
D2 Critically evaluate the
impacts that both macro
and micro factors have
upon business objectives
and decision-making.
M4 Apply appropriately
SWOT/TOWS analysis and
justify how they influence
decision-making.
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Recommended Resources
BARON, P. (2012) Business and its Environment. 7th Ed. London: Prentice Hall.
PALMER, A. and HARTLEY, B. (2011) The Business Environment. 7th Ed.
Maidenhead: McGraw-Hill.
WEATHERLEY, P. (Editor) and OTTER, D. (Editor) (2014) The Business
Environment: Themes and Issues in a Globalised World. 3rd Ed. Oxford: Oxford
University Press.
WORTHINGTON, I. and BRITTON. C. (2014) The Business Environment. 7th Ed.
Harlow Pearson.
Links
This unit links to the following related units:
Unit 2: Marketing Essentials
Unit 12: Organisational Behaviour
Unit 18: Global Business Environment
Unit 25: Principles of Operations Management
Unit 32: Business Strategy
Unit 34: Business Systems
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