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BTEC business Unit 5 Assignment 1 ( P1 P2 P3 P4 M1 M2 D1)
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Unit 5 Assignment 1 P1 P2 P3 P4 M1 M2 D1
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ASSESSMENT RECORD SHEETProgramme BTEC NQF Level 3 Business Learner name
Assignment 1 – Why trade
Assignment title Assessor name
internationally?
Target
Unit no. & title Unit 5 A&B
learning aims
Submission
Issue date
date
First submission / Resubmission
resubmission? date**
Resubmission
authorisation
Date
by Lead Internal
Verifier*
* All resubmissions must be authorised by the Lead Internal Verifier. Only one resubmission is possible per assignment,
providing:
● The learner has met initial deadlines set in the assignment or has met an agreed deadline extension.
● The tutor considers that the learner will be able to provide improved evidence without further guidance.
● Evidence submitted for assessment has been authenticated and accompanied by a signed and dated declaration of
authenticity by the learner.
**Any resubmission evidence must be submitted within 10 working days of receipt of results of assessment.
Target Criteria
criteri achieved? Assessment comments
a (Yes / No)
P1 Yes Explained why two businesses operate in contrasting international markets.
P2 Yes Explained the types of finance available for international business.
P3 Yes Explained the main features of globalisation that affect two contrasting businesses.
P4 Yes Explored the role of trading blocs on international trade.
Analysed the support that is available to contrasting businesses that operate
M1 Yes
internationally.
M2 Yes Analysed the barriers to two contrasting businesses of operating internationally.
D1 Yes Evaluated the impact of globalisation on a business.
General comments
I certify that the evidence submitted for this assignment is the learner’s own.
Assessor
The learner has clearly referenced any sources used in the work. I understand
declaration
that false declaration is a form of malpractice.
Assessor signature Date
Learner comments
Learner signature Date
, Unit 5 international business
Assignment 1 Why trade
internationally?
I have gotten a work placement at an office of a local chamber of commerce and I have been asked
to help in preparing a report about international business and why businesses chose to trade
internationally. I will be choosing two businesses that interest me and will be talking about them in
detail and how they operate internationally.
NIKE
Nike is multinational business that that designs, develops, manufactures and is involved in
worldwide marketing and sales of footwear, sportswear, equipment, accessories, and services. They
are based in Beaverton, Oregon in the United States and have been trading since 1964 and were
founded by Phil Knight and Bill Bowerman. The company’s current CEO is John Donahoe. They
operate in over 170 countries and have over 30,000 employees worldwide. 50 percent of the
company’s revenue has come from outside the United States in markets like the U.S. and Western
Europe and in emerging markets like China and Brazil. Nike also trade their shares on the stock
market as they are an incorporated business.
APPLE
Apple is a multinational technology company that manufactures and trades phones, laptops,
computers, tablets, smart watches and accessories. Apple is a public company and trades shares on
the stock market. Their headquarters are in Cupertino, California in the united states. The company
was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. They now have over 137,000
employees worldwide and operate in 175 countries worldwide. Apples global revenue in 2018 was
$265 Billion and is the world’s biggest technology company by revenue. They have 506 stores in the
world in 25 countries around the world with over 137,00 employees.
TESCO
TESCO is a multinational grocery company that Is founded and based in the UK. The company was
founded in 1919 by Jack Cohen and the CEO now is Ken Murphy they now operate in 13 countries
with over 7,000 stores and 460,00 employees worldwide and is the only British based supermarket
chain that operates outside the UK. The company’s headquarters are in Welwyn Garden City in
Hertfordshire, they are a public limited company and sell stocks on the stock market. They also have
different sized stores with the smaller stores being called TESCO express, the medium sized ones
being called TESCO extra and the bigger stores are the TESCO superstores. TESCO also own other
supermarket stores in the UK like one stop which is a small supermarket and usually smaller than the
TESCO express. TESCO also provide other products and services like the TESCO petrol station which
, started in 1974. They also have a TESCO bank which gives credit cards, loans, mortgages, savings
accounts and insurance for cars, homes, life and travel. TESCO also have a mobile phone service
called TESCO mobile.
BP
BP is a multinational oil and gas company that was founded in 1909 by William Knox D'Arcy and the
CEO now is Bernard Looney. BP’s headquarters is in London England. BP is the world’s sixth largest
oil and gas company by their market cap and operates in 78 countries worldwide with over 84,000
employees. BP have been involved in a few environmental and safety incidents with the world’s
biggest oil spill accident happening in 2010 which was caused by the company and led them to be
fined over $4.5billion. they also operate under two other companies by the name of Amoco and
Castrol. They merged with Amoco in 1998 which they were called BP Amoco plc until 2000 when
they bought ARCO and Burma Castrol then the company changed its name to BP plc.
HSBC UK
HSBC is a banking and finance company that was founded in 1865 by Thomas Sutherland. The
company’s headquarters is in London England, the company operates in 64 countries worldwide and
have over 230,00 employees. HSBC also operate under other names like first direct which is a UK
based online only bank and doesn’t have any branches. HSBC operates in European countries like
Armenia, Czech Republic, France, Georgia, Germany, Greece, Ireland, Malta, Switzerland and Turkey.
The company was announced the largest bank in Europe and the sixth largest bank in the world. In
2014 the company was recognised as the fourth largest bank in the world by its assets which was
$2,670 Billion, the world second largest by revenue which was $146.50 billion and the it was the
largest banking organisation by market value with $180.81 billion.
The two businesses that I have chosen are BP and Apple as they are the ones that found more
interesting and can find more information about and both companies are one of the biggest in their
industry.
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