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Must need incite citation LO1 Explain the different types, size and scope of organisations Different types of organisations: Differences between for profit and not for

Must need incite citation

LO1 Explain the different types, size and scope of organisations

Different types of organisations:

Differences between for profit and not for profit and non-government organisations

(NGOs).

Micro, small, medium-sized enterprises (SMEs). Different business purposes,

objectives and supply of goods and services.

The range of legal structures associated with different forms of business: sole traders,

partnerships and private limited companies.

Size and scope of organisations:

Differences between large, medium-sized and small organisations including

objectives and goals, market share, profit share, growth and sustainability.

Global growth and developments of transnational, international and global

organisations.

Differences between franchising, joint ventures and licensing.

Industrial structures and competitive analysis.

Market forces and economic operations e.g. scarcity and choice, supply and demand,

income elasticity.

Stakeholders and responsibilities of organisations to meet different stakeholder

interests and expectations.

LO2 Demonstrate the interrelationship of the various functions within an organisation

and how they link to organisational structure

The various functions within an organisation:

The role of marketing, finance, human resource management and operations within an

organisational context and the interrelationships.

How functions relate to overall organisation mission and objectives.

Organisational structure:

Different structures depending upon the size and scope of the organisation, including

bureaucratic and post-bureaucratic, parent, strategic business units (SBUs), matrix and

functional levels.

Organisation structures and complexities of transnational, international and global

organisations.

LO3 Use contemporary examples to demonstrate both the positive and negative

influence/impact the macro environment has on business operations

The context of the macro environment:

The application of the PESTLE framework and how organisations need to monitor

and forecast external influences.

How the macro environment influences/impacts upon business activities:

the impact of the digital revolution on production and consumption; the impact of

social technologies; cyberspace security; emerging BRICS markets, the global shift in

economic and social power and ethical and sustainable growth.

How organisations go through the transformation process and overcome resistance to

change in response to the changing market environment.

LO4 Determine the internal strengths and weaknesses of specific businesses and explain

their interrelationship with external macro factors

Frameworks for analysis:

Introduction to SWOT and/or TOWS analysis and how they can assist in the decision-

making process within organisations.

Key external macro factors including the competitive environment and government

intervention that influence organisations and business.

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