Unit 19 EXTERNAL BUSINESS ENVIRONMENT

 Unit 19  EXTERNAL BUSINESS ENVIRONMENT


External Business Environment M/601/1802 


LO1 Understand the impact of socio-economic change on the development of commercial organisations in a business and services industry context

Understand the impact of socio-economic change on the development of commercial organisations in a business and services industry context Structure and operation of UK economy: market structure; perfect/imperfect competition; oligopoly; duopoly and monopoly; national/local factors; determinants of free-market economy Government economic policy: aims and influence; effects on employment policy; inflation; balance of payments; economic growth in industry sector; current issues Income, wealth, employment and occupational distribution: structure and composition of business and services industry; patterns of demand for business and services; the socioeconomic framework of demand; labour demand in industry sector Demographic trends: geographical pattern of labour demand; nature of employment in business and services industries; employment profiles eg age, sex Social structures: types of people employed; geographical variations; self-employed; unemployed; labour turnover; levels of pay Industry context: contexts eg hospitality and catering, hairdressing and beauty therapy, sports and leisure, travel and tourism

1.1 discuss the structure and operation of the UK economy

1.2 analyse current government economic policy and its effect on business and services industries

1.3 discuss income, wealth, employment and occupational distribution in relation to the provision of business and services operations

1.4 assess the demographic trends that influence employment patterns in business and services industries


1.5 analyse the social structures of people employed in business and services industries





LO2 Understand the effect of legal and political environments on business and service industries

Understand the effect of legal and political environments on business and service industries Structure, operation and influence of local government: structure; areas of control; limits of authority; interface with national government; powers affecting business and services industries Role and influence of the EU: history of the EU; relationship with national and local government; influence of the EU directly/indirectly on business and services industries Pressure groups: role; types; political influence; why they emerge; reasons for existence; memberships; influence of pressure groups on government; national and local issues; overall impact Legal framework within the UK: role of legislation within the UK; regional variations; English system versus Scottish system; legal influences directly affecting business and services industries; impact of national parliaments/assemblies Legislative process: the structure of the legal system; the legislative process in relation to national and local government; the legislative process and the individual

2.1 discuss the structure, operation and influence of local government

2.2 evaluate the role and influence of the EU, and its impact on business and services industries

2.3 assess the role of pressure groups and their political influence in relation to national and local issues

 2.4 analyse the legal framework within the UK, identifying the main differences between the English and Scottish systems


 2.5 evaluate the legislative process as it affects business and services industries at both local and national level





LO3 Understand the statutory requirements for establishing and developing a business and services operation


Understand the statutory requirements for establishing and developing a business and services operation Business and services operations: types eg private ownership, partnership, companies, public, private, limited by shares, limited by guarantee, unlimited companies, business names Registered companies: formation; structure; processes; dissolution; memorandum of association; articles of association; statutory declaration; statutory list; responsibilities and control eg agents, directors, senior executives, different types of company meetings, voting rights

3.1 assess the different types and characteristics of business that operate within the business and services sector

3.2 discuss the legal processes necessary for formation and dissolution of a registered company


3.3 analyse the structure and processes which determine the responsibilities and control within a registered company                                                           ADVANCED PROJECT PLANNING AND CONTROL



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