Economic
Business and Economic Environment
Assignment Brief
Assessment Activity Front Sheet
This front sheet must be completed by the learner and included with the work submitted for assessment.
Programme
Advanced Diploma in Contemporary Contexts
Unit Module
Business and Economic Environment
Learner Name
Assessor Name
Lilian Onuegbu
Date Issued
21 February 2014
Hand in Date
16 May 2014
Submitted on
Internal Verification
Yes
By whom
Vera Dearman
Date verified
31 January 2014
This assignment will give learners the opportunity to achieve:
Learning outcome 1: Understand the impact on businesses of changes in the economic environment
Learning outcome 2: Know how government spending impacts on businesses
Learning outcome 3: Understand fiscal and monetary policies and the effects on spending
Learning outcome 4: Know how the international economy affects UK businesses and competition.
Learner’s Declaration
I certify that the work submitted for this assignment is my own.
Learner signature: Date:
ASSIGNMENT
Task 1.
Scenario
The changing nature of business and increased regulations mean that organisations across all sectors of the economy need to understand the impact of the changes on their key decisions, to ensure that their decisions match with the current economic situation, to justify their investments internally and externally and to develop and sustain partnerships and alliances. To do this they need to have clear understanding of direct financial effects as well as the wider economic, social and environmental impacts.
Select one of the UK organisations and complete the following tasks relating to the learning outcomes. Note: Students within the same group must not choose the same organisation.
Task 1a. Impact of Economic Change on a Selected Business
In order to
Assignment Brief
Assessment Activity Front Sheet
This front sheet must be completed by the learner and included with the work submitted for assessment.
Programme
Advanced Diploma in Contemporary Contexts
Unit Module
Business and Economic Environment
Learner Name
Assessor Name
Lilian Onuegbu
Date Issued
21 February 2014
Hand in Date
16 May 2014
Submitted on
Internal Verification
Yes
By whom
Vera Dearman
Date verified
31 January 2014
This assignment will give learners the opportunity to achieve:
Learning outcome 1: Understand the impact on businesses of changes in the economic environment
Learning outcome 2: Know how government spending impacts on businesses
Learning outcome 3: Understand fiscal and monetary policies and the effects on spending
Learning outcome 4: Know how the international economy affects UK businesses and competition.
Learner’s Declaration
I certify that the work submitted for this assignment is my own.
Learner signature: Date:
ASSIGNMENT
Task 1.
Scenario
The changing nature of business and increased regulations mean that organisations across all sectors of the economy need to understand the impact of the changes on their key decisions, to ensure that their decisions match with the current economic situation, to justify their investments internally and externally and to develop and sustain partnerships and alliances. To do this they need to have clear understanding of direct financial effects as well as the wider economic, social and environmental impacts.
Select one of the UK organisations and complete the following tasks relating to the learning outcomes. Note: Students within the same group must not choose the same organisation.
Task 1a. Impact of Economic Change on a Selected Business
In order to