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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 )
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AC 1.2 Describe the extent to which an organisation meets the objectives of different stakeholders
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AC 1.3 Explain the responsibilities of an organisation and strategies employed to meet them
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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
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AC 2.2 Assess the impact of fiscal and monetary policy on business organisations and their activities
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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
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AC 3.2 Illustrate the way in which market forces shape organisational responses using a range of examples
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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
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AC 4.2 Analyse the impact of global factors on UK business organisations
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AC 4.3 Evaluate the impact of policies of the European Union on UK business organisations
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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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