Assignment Guide BE
Assignment Guide BE
2022/2023
Business Environment
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Contents
1. Introduction …………………………………………………..………………..................... 3
2.2.Task Two – Essay: The impact of changes in the public sector and non-for-
profit environment on business organisation and the impact of government
on the structure and operation of a business organisation …………………… 5
3. Conclusion................................................................................................... 7
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1. Introduction
The Assignment Guide should be used in conjunction with the Assignment Brief as its
purpose is to provide guidance as to how best to respond to the requirements of the
assignment brief. It also gives an indication of what the marker will be looking for in the
piece of work.
All three learning outcomes are addressed within the tasks of the assignment:
To succeed in the module you must satisfy all learning outcomes, which in turn means
addressing each part of the assignment brief – missing something out will impact your grade
negatively.
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2. Task Guidance
Answer guide
-Set a definition of business environment
-Explain and apply PESTLE analysis and Porter’s Five Forces model to relevant organisations.
Note: You have to apply Porter’s five forces model to the micro-environment and PESTLE to the
macro-environment
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2.2. Task Two – Write an essay: The impact of changes in the public sector and non-for-
profit environment on business organisation and the impact of government on the
structure and operation of a business organisation
Please note: the purpose of the assignment brief is an investigation of the impact of
Covid 19 on Public and non profit sector
c) The differences between public and private ownership including the different forms of
financing used for both: Identify what differences exist between public and private
ownership and what impact does this have on the management of the organisation.
Understand the different forms of financing used for both and management structures.
Answer guide:
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d) An assessment of the UK Competition policy and the legislative framework surrounding
anti-competitive practices: Assess extent and policy control of restrictive trading practices
Consider the role of monopolies and cartels and the legislative framework surround ant-
competitive practices.
Answer guide:
1. Define different types of market structures (monopoly, oligopoly, competition).
2. Assess UK competition policy and compare it with EU competition policy.
e) How the Competition and Markets Authority operates to review business practice and
impact on the consumer: Explain how does the Competition and Markets authority operate
to review business practice and impact on the consumer.
Answer guide:
1. Explain what is a competition and market authority.
2. Explain how it operates in the economy.
3. Explain what is the impact of this on the consumer.
f) An understanding of the objectives and fiscal and monetary policy instruments the
government can use to regulate the economy during the recession and the impact on
employment, taxation, interest rate, balance of payments and exchange rates in relation
to business operations: Brief introduction to the function of government in regulating
macro-economic policy and its impact on employment, taxation, interest rate, balance of
payments and exchange rates.
Answer guide:
1. Explain what are the macroeconomic objectives and what is the difference with
instruments.
2. Explain how the government intervenes into the economy (Fiscal, Monetary and
supply-side policies).
3. Explain what is the impact of government intervention on employment, taxation,
interest rate, balance of payments and exchange rates.
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3. Conclusion
This assignment requires a power point presentation and a written report and like all
other pieces of work for Higher Education studies, requires you to base your thoughts,
statements, and ideas on research.
a) Ensure that each piece of information you use in your work comes from research
– never your own thoughts.
b) That you follow the Harvard Reference System on the reference page and within
your work.
c) That the writing style that you adopt is academic i.e. third person, uses
appropriate specialist language, and has no conjunctions.
d) That the assignment followed the required assignment structure – refer to the
guidance given during your Foundation Year modules.