This assignment is for Unit 1 Exploring Business Assignment 1. This report will evaluate the features contributing to the success of two contrasting businesses. These being Nike, a business that operates in the private sector, and the British Heart Foundation, a not-for-profit organisation. Covers the following criterias to a D* Level: P1: Explain the features of two contrasting businesses P2: Explain how two contrasting business are influenced by stakeholders P3: Explore the organisation st...

Received distinction. Message for any help. The document has everything from pass criteria to distinction covering sainsburys and the NHS.

*Distinction Graded* Learning Aim E: D4 Justify the use of innovation and enterprise for a business in relation to its changing market and environment.

*Certified High Graded Work* Learning Aim E: M5 Analyse how successful the use of innovation and enterprise has been for a given business.

*Certified High Graded Work* Learning Aim E P7: Role of innovation and enterprise • Innovation, e.g. creative process, product or service development, new ways of increasing business efficiency or improving profitability, successfully exploiting a new idea, adding value to products, services or markets to differentiate the business from the competitors. • Enterprise: identifying opportunities to develop business activities through, e.g. creative, lateral (approaching subjects from alterna...

*Distinction Graded* Learning Aim D: D3 Evaluate how changes in the market have impacted on a given business and how this business may react to future changes.

*Certified High Graded Work* Unit 1 Learning Aim D.M4 Assess how a given business has responded to changes in the market.

*Certified High Graded Work* Learning Aim D: D1 Different market structures • Market structures: perfect competition, imperfect competition. • Features of different market structures: number of firms, freedom of entry, nature of product. D2 Relationship between demand, supply and price • Influences on demand, e.g. affordability, competition, availability of substitutes, level of Gross Domestic Product (GDP), needs and aspirations of consumers. • Influences on supply, e.g. availabili...

*Certified High Graded Work* Includes D2 Task: Evaluate the extent to which the business environment affects a given business, using a variety of situational analysis techniques.

*Certified High Graded Work* Includes: Learning Aim C M3 Assess the effects of the business environment on a given business.