Unit 1: Help PPT - Mr Lingard Economics & Business

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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
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