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BTEC L3 - Business Unit 1 Coursework

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Escrito en
2019/2020

This is a document that I have written during the time of my studies in the BTEC course, this work has received a distinction overall. It includes every aspect needed in the coursework for unit 1 of business.

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Subido en
15 de enero de 2022
Número de páginas
30
Escrito en
2019/2020
Tipo
Otro
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Unit 1 - Exploring a
Business

Learning Aim A - Explore the features of
different businesses and what makes them
successful

Learning Aim B - Investigate how businesses
are organised

,Content Page 2
P1. Explain the features of two contrasting businesses 6
Business 1 (Profit Making) - Starbucks 6
Ownership 6
Advantages and Disadvantages 6
Starbucks Sectors 7
Aims & Objectives 8
How do the aims and objectives allow Starbucks to be successful? 9
Reasons for Business Success 9
Business No.2 - Non-Profit making 10
Oxfam's Sector 10
Oxfam's Ownership 10
Advantages and disadvantages of Oxfam's type of Ownership 10
Liability and impact it has on Oxfam 11
How does Oxfam's type of Ownership allow them to be successful? 11
Size and Scope 11
How does the size and scope help Oxfam be successful? 12
Aims and Objectives: 12
Oxfam's objectives that will help to achieve their aims are: 12
How do the aims and objectives help the business to become successful?
12
Reasons for Business Success - (How is success defined/measured in
Oxfam? ) 13
A.P2 Explain how two contrasting businesses are influenced by stakeholders 14
Stakeholders 14
Internal Stakeholders 14
Starbucks Employees 14
Oxfam Employees 15
Starbucks Customers 15
Oxfam Customers 15
Starbucks Suppliers 15
Oxfam Suppliers 15
Oxfam Partners 16
Starbucks Investors 16
Starbucks Government 16
Oxfam Government 16
A.P3 Explore the organization structures, aims and objectives of two contrasting
businesses 17
Geographic Divisions 17
Product based divisional structures 17
Advantages and Disadvantages of Starbucks' organizational structure: 17
Chain of Command: 18
Span of Control: 18
Functional Areas: 18

, Starbucks' Functional Areas: 19
Business 2 – Oxfam 20
Oxfam's Organisational Structure: 20
Advantages and Disadvantages of Oxfam's Organisational Structure: 20
Oxfam's Chain of Command 20
Oxfam's Span of control 20
Oxfam's Functional Areas 20
M2 Analyse how the structures of two contrasting businesses allow each to
achieve its aims and objectives. 22
Business 1 - Profit Making 22
Business 2 - Non-profit 23
Similarities/Differences between the two organizational structures 23
M1 Assess the relationship and communication with stakeholders of two
contrasting businesses using independent research. 25
Business 1 Profit 25
Making Starbucks Employees (Stakeholder) 25
Making a judgement on the relationship with the stakeholder 25
Starbucks Customers (Stakeholder) 25
Make a judgement on the relationship the business has with the
stakeholder 26
Starbucks Suppliers (Stakeholder) 26
Make a judgement on the relationship the business has with the
stakeholder. 26
Starbucks Government (Stakeholder) 26
Make a judgement on the relationship the business has with the
stakeholder 26
Business 2 - Non-profit 27
Oxfam's employees (Stakeholders) 27
Make a judgement on the relationship the business has with the
stakeholder. 27
Oxfam's Customers (Stakeholders) 27
Make a judgement on the relationship the business has with the
stakeholder 27
Oxfam’s Partners (Stakeholders) 27
Make a judgement on the relationship the business has with the
stakeholder 28
Oxfam’s Suppliers (Stakeholders) 28
Make a judgement on the relationship the business has with the
stakeholder. 28
D1 - Evaluate the reasons for the success of 2 contrasting businesses, reflecting
on evidence gathered 29
Business 1 - Profit making Organisation 29
Conclusion 31
Business 2 - Non-profit Organisation 31
Conclusion
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