Unit 1: Business and Business Environment
The aim of this unit is to give students background knowledge and understanding of
business, of the functions of an organisation and of the wider business environments
in which organisations operate. Students will examine the different types of
organisations (including for profit and not for profit), their size and scope (for instance
micro, SME, transnational and global) and how they operate. Students will explore the
relationships that organisations have with their various stakeholders and how the
wider external environments influence and shape business decision making.
The knowledge, understanding and skill sets that students gain in this unit will help
them to have an insight into different business functions, which will support them
with further study, support the development of analytical thinking and the application
of key analytical tools used throughout business planning, and enable them to choose
their preferred areas of specialism in future studies and in their professional career.
Unit 1: Business and Business Environment
The aim of this unit is to give students background knowledge and understanding of
business, of the functions of an organisation and of the wider business environments
in which organisations operate. Students will examine the different types of
organisations (including for profit and not for profit), their size and scope (for instance
micro, SME, transnational and global) and how they operate. Students will explore the
relationships that organisations have with their various stakeholders and how the
wider external environments influence and shape business decision making.
The knowledge, understanding and skill sets that students gain in this unit will help
them to have an insight into different business functions, which will support them
with further study, support the development of analytical thinking and the application
of key analytical tools used throughout business planning, and enable them to choose
their preferred areas of specialism in future studies and in their professional career.
Unit 1: Business and Business Environment
The aim of this unit is to give students background knowledge and understanding of
business, of the functions of an organisation and of the wider business environments
in which organisations operate. Students will examine the different types of
organisations (including for profit and not for profit), their size and scope (for instance
micro, SME, transnational and global) and how they operate. Students will explore the
relationships that organisations have with their various stakeholders and how the
wider external environments influence and shape business decision making.
The knowledge, understanding and skill sets that students gain in this unit will help
them to have an insight into different business functions, which will support them
with further study, support the development of analytical thinking and the application
of key analytical tools used throughout business planning, and enable them to choose
their preferred areas of specialism in future studies and in their professional career.
Unit 1: Business and Business Environment
The aim of this unit is to give students background knowledge and understanding of
business, of the functions of an organisation and of the wider business environments
in which organisations operate. Students will examine the different types of
organisations (including for profit and not for profit), their size and scope (for instance
micro, SME, transnational and global) and how they operate. Students will explore the
relationships that organisations have with their various stakeholders and how the
wider external environments influence and shape business decision making.
The knowledge, understanding and skill sets that students gain in this unit will help
them to have an insight into different business functions, which will support them
with further study, support the development of analytical thinking and the application
of key analytical tools used throughout business planning, and enable them to choose
their preferred areas of specialism in future studies and in their professional career.