ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Unit 1: BUSINESS PURPOSES

Unit content
1 Understand the purpose and ownership of business 2 Understand the business context in which organization operate Purpose: supply of goods and Role of government: services eg at a profit, free, at European; national; local; cost, for sale below cost growth; full employment; inflation/deflation; surpluses; Ownership: eg sole trader; partnership; competitiveness; limited companies equality (private Ltd, public plc; private - Ltd; charity; voluntary Business environment organisations; franchises; cocharacteristics: markets; operatives; trends (employment, income, growth); relative Size: small; small-medium; growth/decline by sector; medium; large decline of primary and secondary industries; growth Scale: local; regional; of tertiary service industries; national; European and global legal framework organisations

Unit introduction
You will look at different businesses that exist locally, regionally and nationally. You will need to understand the nature of these businesses and the business environment in which they operate. The wealth of the nation is created through business activity. Businesses have a wide range of purposes such as supplying goods and services and/or manufacturing goods. Some businesses want to make profits, others do not. Businesses contribute to the national wellbeing. Businesses are organised differently. The largest business operates globally. Others may wish to remain small and free from too much legal control. The smallest businesses, for example, may be run from the owners home. Businesses are classified in terms of their activities and often they are interdependent upon each other. You will need to consider the relative importance of each by looking at the local economy. Businesses do not operate in a vacuum! The government sets the business context. Account has to be taken of the requirements of the European Union in areas such as competition. The government wants to create a business framework in which businesses and people can succeed. You will understand how the government affects business such as the decision on interest rates. When interest rates fall, businesses borrow cheaply to invest and produce more to sell in the UK and abroad, so they take on more employees who receive incomes which they then spend on goods and services so stimulating demand for products from other businesses. Growth, income, exporting and employment can all be examined through examples such as this. You will look at the changing patterns in the business environment and the reasons for these changes. Businesses need to be flexible and responsive to the changes in the business environment if they are to survive and succeed.

PLTs (Personal, Learning and Thinking skills) applied to this unit: IE independent enquirers RL reflective learners

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ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Assessor: Centre Number: Assessment Sheets: Unit Title: 20281 Edexcel Level 2 BTEC Extended Certificate/Diploma Unit 1: Business Purposes Date: Candidate Name: Candidate Number:

Mrs J Taitt September 2010

Agreed by Internal Verifier: Ms T Khanom

Learning Outcomes: Understand the purpose and ownership of a business Understand the business context in which organisations operate

Scenario You work for a company, which offers advice to entrepreneurs who are interested in setting up their own businesses. Your company will be setting up a stall at the NEC, which is holding a National Enterprise Week event, where people from all over the country will attend. You are in charge of setting up a stall and all the information and resources for the stall. You need to complete the following tasks to ensure that all the information and resources are complete to be used at the event on your stall.

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ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Layout of your assignment Assignment format 1. Front cover a. Name b. Edexcel BTEC .. in Business c. Unit 1 Business Purposes d. Waverley School e. Centre Number: 20281 f. Candidate Number: g. Relevant Picture 2. Contents page a. Number every page (use headers and footers) b. Start each section on a separate page c. Put titles for each section and use sub headings 3. Introduction a. Using page one of this document explain what you have been asked to do and how you are going to go about doing it. 4. Complete Assignment Tasks a. Now complete the tasks on the following grid to achieve the grading criteria for this unit. 5. Bibliography a. List all textbooks and authors, articles, reports, Internet sites, businesses, adult help used for putting together your assignment. 6. Appendices a. All information, research, documents that do not need to be in the main part of your portfolio need to be placed in the appendices. b. You need to label each appendix: appendix 1, appendix 2, appendix 3 ... and so on. In your main portfolio you need to refer to the appendix otherwise the teacher will not look at it and no marks will be given.
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Evidenc Comments/feedback Date e achieved

ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Criteria P1 Identify the purpose of four different business organizations (IE) P2 describe the different types of business ownership, linking this to the size and scale of four different organizations M1 contrast the ownership and purposes of two different business organisations

Task Task 1 Produce a leaflet, which can be taken away by visitors to your stall at the NEC. P1 Your work must identify: a) the purpose of four different organisations (supply of goods and services, e.g., at a profit, free, at cost, for sale below cost). P2 Your work must describe: a) the ownership of the four organisations (sole trader, partnership, private limited companies, public limited companies, charity, voluntary organisations, franchises and cooperatives). b) link to the size of the organisations (small, small-medium, medium and large). c) link to the scale of the organisations (local, regional, national, European and global organisations). M1 Your work must contrast: a) two different businesses of different purpose b) ownership of the two different businesses

Evidence

Comments/feedback

Date Achieved

Review date 1: w/b 3 October 2011 Review date 2: w/b 17 October 2011 Deadline: w/b 13 February 2012

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ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Criteria P3 Explain how businesses are classified using local and national examples M2 Compare areas of growth or decline in the primary, secondary and tertiary classifications of business activities

Task Task 2 Produce a rolling PowerPoint, which can be viewed by visitors to your stall. P3 a) what happens in the primary classification of business activity, secondary classification of business activity and tertiary classification of business activity using local and national examples.

Evidence

Comments/feedback

Date Achieved

M2 a)whether there has been a growth or a decline in the primary classification of business activities and the reasons for this. b)whether there has been a growth or a decline in the secondary classification of business activities and the reasons for this. c)whether there has been a growth or a decline in the tertiary classification of business activities and the reasons for this. Review date 1: w/b 14 November 2011 Review date 2: w/b 28 November 2011 Deadline: w/b 13 February 2012

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ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Criteria P4 Outline the role of government in creating the business climate (IE)

Task Task 3 Produce a poster that can be referred to by visitors to your stall. P4 Use the following headings to outline the following: a) Roles of European; national and local government b) Objectives for the government - Economic growth; full employment; low inflation; surplus balance of payments; competitiveness; equality

Evidence

Comments/feedback

Date Achieved

Review date 1: w/b 12 December 2011 Review date 2: 9 January 2012 Deadline: w/b 13 February 2012

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ICT Faculty/Curriculum Area: Business, Studies/ BTEC First Level 2 in Business/Unit 1 Business Purposes/JT/September 2010

Criteria P5 Explain the characteristics of the local business environment (IE, RL)

Task Task 4 Produce a report, which can be taken away by visitors to your stall. P5 Explain each of the business environment characteristics markets; economic trends; sector and industry changes; legal framework

Evidence

Comments/feedback

Date Achieved

D1 evaluate how a business organisation has D1 Select a business and evaluate how well it responded to has responded to changes in its business changes in the environment by taking into account how business successful it is today environment Review date 1: w/b 23 January 2012 Review date 2: w/b 6 February 2012 Deadline: w/b 13 February 2012

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