Impact of International Factors on Selected Business Essay

Unit 38 Business and the Economic EnvironmentLearner name Assessor nameSameeha Hussain/Antonio ZarroDate unit issuedUnit DeadlineDate unit submitted by student27/01/1419/04/14 Criteria referenceTo achieve the criteria the evidence must show that the learner is able toAsst Task no. Assessor initial date when metPASS CRITERIAP1 Explain the effects of changes in the economic environment on a selected business P2 Identify how government policies impact on a selected business P3 Identify the impact

Profile international markets Part A: Identify suitable international markets This part of the project requires you to select at least 2 potential international markets for investigation for TTNQ. 1. Identify at least 5 key information sources that can assist you to identify suitable international markets. Write down the web site reference of each of these reference sources and summarise the information that the web site provides that will assist you to identify international markets for TTNQ.

Assignment questions: Specification of Assessment LO1 (Task 01): Understand the organisational purposes of business 1.1 Identify the purposes of different types of organisation 1.2 Describe the extent to which Siemens meets the objectives of different stakeholders D1 Critically evaluate the responsibilities of Siemens to meet stakeholders objectives. 1.3 Explain the responsibilities of Siemens and strategies employed to meet stakeholders. M1 Identify and find the mission and objectives

Unit 1 Business Environment Assessment Activity Front Sheet This front sheet must be completed by the learner (where appropriate) and included with the work submitted for assessment. Learner Name Date Issued Hand in Date Assessor Name Submitted on Qualification Level 4 Edexcel BTEC Higher National in Business (QCF) Unit 1 Business Environment – 15 credits Assignment 1 will give learners the opportunity to achieve: Learning Outcome 1 – understand the organisational purposes of businesses Learning

number and title L3 BTEC National Diploma in Business (Marketing) UNIT 1: The Business Environment Assignment title Working at Business Review In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve the criteria the evidence must show that the student is able to: Task no. Page numbers P1 Describe the types of business, purpose and ownership of two contrasting businesses

high level of performance in the working of the firm (Walsh, 2008). Challenge to the assumption – It is not important that a hotel has to invest alot in brand affiliation for the smooth running of the business. I have seen that the branded hotels did not satisfy their guests. There are some factors like decoration, place of the hotel, employees friendliness, price, quality, etc. where the success of hotel operations focus on as well. Therefore, I am not agree with the assumption made by the authors

of expectations; satisfying stakeholder objectives...........................................................4 2.1 Explanation of how economic systems attempt to allocate resources effectively……………………..5 2.2 Assessment of the impact of fiscal and monetary policy on business

name of the company is not disclosed). This paper studies the national and international airline market and internal and external environment of the firm and discusses the problems and reasons of the bad brand image of the selected air transport providing company in the minds of the customers. The findings reveal that if the company can improve it’s services, update it’s fleet, use it’s resources efficiently and

5 Task 7: Impact of the results obtained from the hotel industry 5 Conclusion 6 References 6 Introduction The contemporary issues associated with the hotel management system have to be evaluated, as it impacts the performance of the management. There are different types of issues faced by the authorities like the shortage of the labour force, high operational expenses, business expansion plans, and others. Through planning and strategic implementation of different factors at the workplace

Your assessor will be looking for: whether you have clearly identified a viable international market for entry by the organisation outlined in the case study provided whether you have conducted sufficient research to assess and analyse the market a market review report that includes detailed research organised under the headings listed