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business enviroment
London School of Business & Management
BTEC Levels 4 & 5 HND Business
Centre No

79829

Unit No & Unit Title

Unit 1: Business Environment

Course Title

HND Business (BTEC Level 4 and Level 5)

Lecturer’s Name

Dr Knowledge Mpofu

Assignment Title & Type
Date Set

Business Environment –
Individual Assignment
24th September 2014

Due Date

9th January 2015

Academic Year / Semester

September 2014 Semester

Unit Outcomes Covered:
LO1. Understand the organisational purposes of businesses
LO2. Understand the nature of the national environment in which businesses operate LO3. Understand the behaviour of organisations in their market environment
LO4. Be able to assess the significance of the global factors that shape national business activities.

GRADING OPPORTUNITIES AVAILABLE
Outcomes/ Grade
Descriptors
Outcomes/ Grade
Descriptors

AC1.1

AC1.2

AC1.3

AC2.1

AC2.2

AC2.3


AC4.1


AC4.2


AC4.3


M1


M2















Assessor:

Dr Knowledge Mpofu

Signature: ______________

September 2014

AC3.1

AC3.2

AC3.3




D2


D3



M3





D1

Date: ___/___/___

1

Assignment Brief
Scenario:
The UK business environment remains positive, forward-looking and one of the most attractive places open for business in Europe. The UK government is committed to creating a supportive business environment that encourages a private-sector-led economic growth. According to the World Bank ranking, the UK is one of the easiest places to set up and run a business in Europe, and more overseas companies have their European headquarters in the UK than in France and Germany put together.
Today, the UK is the world’s sixth-largest economy and one of the world’s top ten manufacturers (six of the world’s top ten vehicle makers are based in the UK). It is also the world’s second-largest services exporter (after the U.S.) and the world’s sixth-

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