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Summary Unit 5 Assignment 2 Guidance - P5 - International Business - BTEC Business Level 3 Diploma £4.49   Add to cart
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  3. PEARSON (PEARSON)
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  5. Business 2016 NQF
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  7. Unit 5 - International Business (720GLH)

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Summary Unit 5 Assignment 2 Guidance - P5 - International Business - BTEC Business Level 3 Diploma
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Unit 5 Assignment 2 Guidance - P5- International Business - BTEC Business Level 3 Diploma Guidance for Unit 5 P5 - 791 Words

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  • Unit 5
  • May 18, 2021
  • 3
  • 2020/2021
  • Summary

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P5 Guidance

Explain the external factors that influence a selected business (John Lewis) considering
trading internationally.

Open a word document in your Unit 5 folder in the OneDrive. Create a Header with your
name, Unit 5 P5.

Section 1: Introduction:

- Explain what you will be doing in this task (reword the P5 Guidance)

- Explain that you will be explaining the PESTLE factors that will affect John Lewis and their
ability to trade internationally

- Brief recap on John Lewis (locations, revenue, profit etc)

Section 2: Explain (i) what PESTLE is and (2) What PESTLE factors are

- Explain what each of the PESTLE factors are and give a general explanation/ example for
each

Section 3 : PESTLE and John Lewis

What do I need to do?

For each of the PESTLE factors you need to do the following

1) Explain it and link it to the UK – 1 data/ fact needed here

2) Link it back to John Lewis - John Lewis data needed here

3) Consider the impact this factor will have on their decision to trade internationally

I have jotted down some notes below, these are brief and only a guide I don’t want to see
them handed back to me in your work Use your powerpoint for this. There is lots of detail on
this

There are questions under each heading that you can follow to help you. You don’t have to
answer them all, they are just a guide

The most important thing to do here is link the factor to John Lewis using data and explain
the impact it may have on their decision to trade internationally

Political : UK Data/ Facts on the Political state of the UK 4 Countries, Democracy, led by a
Conservative Government (right wing), Politically stable, Has left the EU (Brexit),

Q2) What is the biggest political factor affecting John Lewis at the moment- Data / Articles

Q3) What impact will this have if they want to trade internationally?

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