Unit 1 - The Business Environment

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 Know the range of different businesses and their ownership

2 Understand how businesses are organised and achieve their purposes

3 Know the impact of the economic environment on businesses

4 Know how political, legal and social factors impact on business