Essay

Unit 1: Exploring Business - Learning aim A & B - DISTINCTION

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Module
Unit 1 - Exploring Business

Institution
PEARSON (PEARSON)

Full essay document providing you the help to get a distinction in your work. This essay achieves learning aim A and B at a distinction grade. Please see my page for Unit 1 Learning Aim C, D and E

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Uploaded on June 14, 2024
Number of pages 34
Written in 2021/2022
Type Essay
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Unit 1 Exploring Business - DISTINCTION - Learning Aims A B C D E

£ 39.96 £ 24.99 4 items

1. Essay - Unit 1: exploring business - learning aim a & b - distinction
2. Essay - Unit 1: exploring business - learning aim c & d - distinction
3. Presentation - Unit 1: exploring business - learning aim e - distinction
4. Presentation - Unit 1: exploring business - learning aim e - distinction
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ASSESSMENT RECORD SHEET
Pearson BTEC Level 3 National
Programme Title Learner Name
Extended Diploma in Business
Features contributing to the
Assignment Title success of contrasting Assessor Name
businesses
A: Explore the features of
different businesses and
Unit or Component Targeted Learning analyse what makes them
Unit 1:Exploring Business
Number and Title Aims/Assessment Criteria successful
B: Investigate how
businesses are organised
First Submission
Deadline 28 September 2021 Date Submitted 28 September 2021
Has an extension to the deadline been approved by the Assessor due to extenuating circumstances?
Targeted Criteria
achieved Assessment comments
criteria
1/AB.D1 Evaluate the reasons for the success of two contrasting businesses, reflecting on evidence
✔ gathered.
Assess the relationship and communication with stakeholders of two contrasting businesses
1/A.M1 ✔ using independent research.
Analyse how the structures of two contrasting businesses allow each to achieve its aims and
1/B.M2 ✔ objectives.
1/A.P1 ✔ Explain the features of two contrasting businesses.

1/A.P2 ✔ Explain how two contrasting businesses are influenced by stakeholders.

1/B.P3 ✔ Explore the organisation structures, aims and objectives of two contrasting businesses.
General comments
➢ Insert page numbers on the top right hand corner of each page.
➢ Please make sure you have done a spell & grammar check (use grammarly.com writing assistant)
➢ Use the formatting guidance on the OUTLINE and scaffold such as having short paragraphs and
subheadings.
➢ Consider standardising your headings and subheadings in bold and adding a table of contents
➢ Consider using graphic organisers such as charts, graphs or diagrams to demonstrate your understanding of
the links between concepts
➢ Consider adding company logos or pictures of business operations to illustrate your application of business
concepts to your selected businesses
Please see specific feedback on google classroom comments section and in-text suggestions
P2 make sure you have explained the influence of each group of stakeholders
P3 consider adding a graphic organiser to demonstrate the organisational structure
M1 in order to “assess” you must consider the advantages and disadvantages of the different methods
Specific of communicating with stakeholders and say whether you think they are effective. You must directly link
Guidance the effectiveness of communication to the businesses achieving its aims and objectives
M2 in order to “assess” you must consider the advantages and disadvantages of organisational
structures and directly link these to whether or not they have a positive or negative impact on the
business achieving its aims and objectives
D1 In order to “evaluate” you must make value judgements on how effective both methods of
communicating with stakeholders and organisational structures are, and how this effectiveness leads to
business success in terms of the aims and objectives you discussed in P1.

,Learner I certify that the evidence submitted for this assignment is my own. I have clearly referenced
Declaration any sources used in the work. I understand that false declaration is a form of malpractice.

Learner signature Date 1 November 2021

I certify that to the best of my knowledge the evidence submitted for this assignment is the
Assessor
learner’s own. The learner has clearly referenced any sources used in the work. I understand
declaration that false declaration is a form of malpractice.

Assessor signature Kirrillie Harvey Date 1 November 2021
Date of feedback to Date
learner – this must be LA A 28 September 2021
within a timely period of the
assessment taking place LA B 1 November 2021

Resubmission authorisation 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. Date
● 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 15 working days of
learners receiving assessment feedback which must be within a timely period of
the assessment taking place.

Assignment 1
Learning aim A&B

Unit 1: Exploring Business
Learning aim A: Explore the features of different
businesses and analyse what makes them
successful
Learning aim B: Investigate how businesses are
organised

A.P1 - Feature of contrasting businesses 3

A.P2: Stakeholders and their influence 5
Internal Stakeholders 5
Managers: 5
Employees: 5
Owners: 5
External Stakeholders 5
Suppliers: 6

, Customers: 6
Local, regional and international communities: 6
Lenders: 6
Competitors: 6
Debtors / Creditors: 7
Government: 7
Interest groups/Pressure groups: 7
How do stakeholders influence business success? 7

A3: Effective Business Communication 8
How does Tesco communicate internally with shareholders and stakeholders? 8
Written reports 8
Annual report Financial reports 8
Meetings - oral presentations: 8
Emails 9
Group meetings 9
Advertising - Tesco Christmas example 10

A.P1 - Feature of contrasting businesses. 10
Second business - Cancer Research 10
Ownership and liability - business structure 10
Purposes - Aims, Mission Statement 10
Sectors - (primary, secondary, tertiary, quaternary) 11
Scope of business activities 11
Size 11
Reasons for success 11

A.P2 - Stakeholders and their influence 12
Internal stakeholders 12
Managers: 12
Employees: 12
Owners: 12
External stakeholders 12
Suppliers: 12
Customers: 12
Local, regional and international communities: 13
Lenders: 13
Competitors: 13
Debtors/Creditors: 13
Government: 13
Interest /Pressure groups: 14

A3 - Effective Business Communications 14
Communication with shareholders: 14

, Communication with stakeholders : 14

B1 - Structure and Organisation (Tesco) 15
Organisational structure: 15
Functional areas of the business 15
Sales: 15
HR: 15
R&D (research and development): 15
Marketing: 16
Production: 16
Finance: 16
Customer service: 16
IT: 16
Administration: 17

B2 - Aims & Objectives (Tesco) 17
Aims: 17
Mission: 17
Vision: 18
Market dominance: 18
Continuous innovation: 18
Growth: 18
Ethical objectives: 18
S.M.A.R.T objectives: 19

B1 - Structure and Organisation (Cancer Research UK) 19
Organisational structure: 19
Functional areas: 20
Sales: 20
Administration: 20
HR: 20
Marketing: 20
R&D: 20

B2 - Aims & Objectives (Cancer Research UK) 21
Aims: 21
Mission: 21
Vision: 21
Service provision: 22
Cost control: 22
Value for money: 22
Service quality: 22
Community expectations: 22
S.M.A.R.T objectives: 22

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