Home Solutions 1.1 Explain the features of business activity
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Learning Outcome The learner will: Assessment Criteria The learner can:1. Understand the significance of the environment on business activity1.1 Explain the features of business activity1.2 Discuss the complex interactions that operate between a business and its environment1.3 Explain the need for change and its management within an individual business2. Understand the structure and organisation of business2.1 Discuss the impact of industrial and legal structure and size on organisational behaviour3. Understand the competitive and political environment facing businesses3.1 Discuss differing ways of analysing the environment of a business3.2 Explain the impact of market structure on the behaviour of firms3.3 Describe the complex interactions between business and government3.4 Discuss the need for government intervention and the forms it might take4. Understand the impact of the macro-economic environment on business4.1 Compare and contrast alternative economic systems4.2 Analyse the role of government in controlling the level and patterns of economic activity5. Understand the influence of the global economy on business5.1 Discuss the importance of international free trade and its operation5.2 Assess the main causes and implications of globalisation6. Understand the impact of socio-cultural influences and technology on business decisions6.1 Describe key demographic and social trends that affect business6.2 Discuss Corporate Social Responsibility (CSR) and its implications for business6.3 Discuss the impact of technology on business and business systems
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