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TASK 1 The objective for this task is to address and exhibit an understanding to the Organizational purposes of the business You are required to address the task as specified and research

TASK 1: The objective for this task is to address and exhibit an understanding to the Organizational purposes of the business. You are required to address the task as specified and research Sainsbury PLC to address the learning outcomes as specified: Please note that the research and subjective skill needs to exhibit transferable skill by reflecting it to the chosen organization. Answers reflected without reflective practice will be referred. Learning outcome 1 LO1 Understand the organisational purposes of businesses P 1.1 Explain briefly the following types of organisaitons and their purposes: a) Virgin Group LTD b) Sainsbury PLC c) MC Donalds d) National Health services (NHS) England e) A corner shop near where you live. P1.1 (P,M,D) P1.1 (P,M,D) P1.2 Considering Sainsbury PLC, describe the extent to which it meets the objectives of its different stakeholders. P1.2 (P,M,D) P1.2 (P,M,D) P1.3 Considering Sainsbury PLC, explain its various responsibilites as an organisaiton and the strategies it employs to meet them. P1.3 (P,M,D) P1.3 (P,M,D) Summarized Feedback for Task 1(reflecting 1.1, 1.2, 1.3, Pass, merit and distinction.) IV comments towards Task 1 TASK 2 The objective of this task is to address and exhibit an understanding to the nature of the national environment in which business operate. To address this Learning outcome, research Sainsbury Plc and address the task as specified. Please note that the research reflecting only subjective skills and without reference to the chosen scenario will be a referred work. P 2.1 Giving relevant examples, briefly explain how different economic systems such as: command, free enterprsie,mixed and transitional systems attempt to allocate resources effectively P2.1 (P,M,D P2.1 (P,M,D P2.2 Considering Sainsbury PLC UK, assess the impact of fiscal and monetary policy on their activities P2.2 (P,M,D P2.2 (P,M,D P 2.3 Explain the impct of competititon policy and other regulatory mechansism on the activities of Sainsbury PLC UK. P2.3 (P,M,D P2.3 (P,M,D TASK 3: The objective of this task is to understand the behaviour of organizations in their marketing environment. To address this learning outcome e you are suppose to continue your research on the chosen organization, Sainsbury PLC and address the learning outcome as specified. P3.1 Explain how market structures determine the pricing and output deicisons of Sainsbury PLC UK. P 3.1 (P,M,D) P3.1 (P,M,D) P 3.2 Illustrate how market forces shape Sainsbury PLC UK responses using a range of examples. P3.2 (P,M,D P3.2 (P,M,D)

Jul 27 2020 View more View Less

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