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Identify the purposes of different types of organization – for this write what is organization and write vision mission and purposes

LO 1 Understand the organisational purposes of businessesAC 1.1 Identify the purposes of different types of organization – for this write what is organization and write vision mission and purposes ( eg:- ownership, Location )

AC 1.2 Describe the extent to which an organisation meets the objectives of different stakeholders

AC 1.3 Explain the responsibilities of an organisation and strategies employed to meet them
LO 2 Understand the nature of the national environment in which businesses operate
AC 2.1 Explain how economic systems attempt to allocate resources effectively
AC 2.2 Assess the impact of fiscal and monetary policy on business organisations and their activities

AC 2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation
LO 3 Understand the behaviour of organisations in their market environment
AC 3.1 Explain how market structures determine the pricing and output decisions of businesses

AC 3.2 Illustrate the way in which market forces shape organisational responses using a range of examples

A.C 3.3 Judge how the business and cultural environments shape the behaviour of a
selected organisation
LO 4 Be able to assess the significance of the global factors that shape national business activities
AC 4.1 Discuss the significance of international trade to UK business organisations

AC 4.2 Analyse the impact of global factors on UK business organisations

AC 4.3 Evaluate the impact of policies of the European Union on UK business organisations

This is Level 5 Business Management course
• font size 12 and font style of Times New Roman/Arial
• Subtitles of the assignment should be in the font size 14
• Pages should be numbered in the bottom right hand corner
• Spell check the document and read thoroughly for grammatical errors
• 1.5 Line spacing
• Reference at the end of the assignment
• All paragraphs should be aligned in justified mode

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