BTEC Business Level 3 Unit 1 help and guidance P1 • The important part of this task is to ensure that you define the following; The easiest solution is to make a table • local; national; international; global; public; private; not-for-profit/voluntary; sectors of business activity (primary, secondary and tertiary) Type of Business Definition Example Purpose Public Organisation An organisation owned and controlled by the state with the purpose of providing a service to the general public NHS, Police, Fire Brigade etc… Not-for profit, to provide a public service that is usually free of charge. Funded by the tax payer P1 Continued • The next stage is talking about the types of ownership. This is different from the previous section because you are focusing on the advantages and disadvantages of types of ownership. Again, a table is the simplest way of doing this Ownership type Definition Advantages Sole Trader A business enterprise owned Cheap and easy to set by a single private individual up. Owner has total decision making power, good for quick decisions Disadvantages Examples The owner may struggle to raise finance to expand the business. If the business fails, the owners personal assets are at risk Usually small businesses such as self employed graphic designers, cafes etc. P1 Continued • Completing the tables should make the final section easy. All you now have to do is choose two different businesses and describe them in terms of the definitions that you have just done. Example: Acton High School Ownership: AHS is a publicly owned organisation. It is controlled by both national and local government, from where it gets its funding. The local council (Ealing) would be expected to cover any debts incurred by the school. Purpose: To provide education (a service) to children between the ages of 11 and 19. It is a not for profit organisation Type of business: AHS is a local organisation within a national framework of similar organisations. It is local because the students come from within the local catchment area. P2: Stakeholders • This task is straightforward, you just have to explain the stakeholders for each of your businesses. Once again, the easiest way to do this is through a table Stakeholder Group Customers Employees Suppliers Owners Trade Unions Employer associations Local community National community Governments Definition What is their interest in Tesco? What is their interest in Save the Children M1: Find the aims and objectives for Tesco and Save the Children and then fill in the yellow column Stakeholder Group Customers Employees Suppliers Owners Trade Unions Employer associations Local community National community Governments Definition What is their What is their interest in interest in the aims and objectives Tesco? of Tesco What is their interest in Save the Children What is their interest in the aims and objectives of Save the Children P3: Organisational structure 1. Draw the organization charts for Save the Children and Tesco. 2. Describe what the charts look like, remembering to include the key terms “Span of Control, Chain of Command and Flow of communication” 3. Describe whether the organisations are organized by function, geography or by project. 4. Describe what each of the functions listed below does in each organisation P4 • This task is very simple and straightforward. Just do the following… 1. Define the terms strategic planning process, aims and objectives (SMART) and briefly identify the role of this process in a business 2. Identify the planning process for one of your organisations and explain how it, and the structure of the organisation help ensure the business meets its aims and objectives 3. Identify the planning process for the second of your organisations and explain how it, and the structure of the organisation help ensure the business meets its aims and objectives