For the assignment, you have been examining two contrasting business organisations. The final part of the assessment asks you to examine how your chosen organisations are affected by changes in their political, legal and social environments. 1. Describe how political, legal and social factors are impacting upon the business activities of selected organisations and their stakeholders. p 2. Analyse how political, legal and social factors have impacted on two contrasting organisations. M 3. Evaluate how future changes in economic, political, legal and social factors may impact on the strategy of a specified organisation. D
Grading tips 1. You only need to examine the main political, legal and social factors that affect your business. It is helpful to use the three headings but remember that there will be a certain amount of overlap between the three areas.
To achieve a pass you simply need to describe some of the important changes that are taking place using appropriate facts and figures. 2. You need to analyse the changes. For example, which of the factors are most significant and what sort of impact are they having on the business? What sorts of changes in business planning have resulted from these external changes? How is the business coping with these changes? 3. You have already looked at how changes are currently affecting your business. But what about the future? What are likely to be the new challenges facing the business? Can you find predictions and forecasts about likely changes in the economy, possible implications of a change in government policy, new laws that are likely to come in and changes that are taking place in society and are likely to continue in the future?
To achieve a merit grade, the evidence must show that, in addition to the pass criteria, the learner is able to:
describe the type of business, purpose and ownership of two contrasting businesses See Assessment activity 1.1, page 12. describe the different stakeholders M who influence the purpose of two contrasting businesses See Assessment activity 1.1, page 12.
411) describe how two businesses are organised See Assessment activity 1.2, page 24. explain how their style of organisation helps them to fulfil their purposes See Assessment activity 1.2, page 24. describe the influence of two contrasting economic environments on business activities within a selected organisation See Assessment activity 1.3, page 36. Fe describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders See Assessment activity 1.4, page 45. INIMOU
p
M
M
explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations See Assessment activity 1.2, page 24.
compare the challenges to selected business activities within a selected organisation, in two different economic environments See Assessment activity 1.3, page 36. analyse how political, legal and social factors have impacted on the two contrasting organisations See Assessment activity 1.4, page 45.
To achieve a distinction grade, the evidence must show that, in addition to the pass and merit criteria, the learner is able to: evaluate the influence different stakeholders exert in one organisation See Assessment activity 1.2, page 24.
evaluate how future changes in economic, political, legal and social factors may impact on the strategy of a specified organisatio
The post Describe how political, legal and social factors appeared first on My Assignment Online.
