Unit 1 - Exploring Business Activity

This unit is designed to introduce you to business activities. Considering the influence of owners and stakeholders as well as the purpose of an organisation in relation to its aims and objectives. You will also look at the range of functional areas within an organisation and how these area interact with one another.

Aims of the Unit:

1 Understand the different types of business activity and ownership

2 Understand how the type of business influences the setting of strategic aims and objectives

3 Understand functional activities and organisational structure

4 Know how external factors in the business environment impact on organisations.