Assignment - The influences on a business
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
Be able to assess the significance of the global factors that shape national business activities
Discuss the significance of international trade to UK business organizations
Analyze the impact of global factors on UK business organizations
Evaluate the impact of policies of the European Union on UK business organizations
Task
Gold prices have gone down over the last year. Silver prices however have gone up over the last year.
Illustrate how the other Market Forces reacted to this change of price for each product. Draw the market cycle for each and draw conclusion as to which determinants of demand and supply play a role in the above scenario.
To achieve a Pass you must correctly draw the market cycle for both Gold and Silver and explain in full what has happened and why.
To achieve an M1 you must correctly conclude which determinants of Demand and Supply are playing a role.
To Achieve D2 you must have demonstrated ability to work independently and submitted assignment on time.
Task 1A Explain how market structures determine the pricing and output decisions of businesses
Task 1B Illustrate the way in which market forces shape organisational responses using a range of examples
Task 1C Judge how the business and cultural environments shape the behaviour of a selected organisation
Task 2D Discuss the significance of international trade to UK business organizations
Task 2E Analyse the impact of global factors on UK business organizations
Task 2F Evaluate the impact of policies of the European Union on UK business organizations
Assignment 2
Task 1A Explain how market structures determine the pricing and output decisions of businesses
Task 1B Illustrate the way in which market forces shape organisational responses using a range of examples
Task 1C Judge how the business and cultural environments shape the behaviour of a selected organisation
Task 2D Discuss the significance of international trade to UK business organizations
Task 2E Analyse the impact of global factors on UK business organizations
Task 2F Evaluate the impact of policies of the European Union on UK business organizations