LO1: Present an understanding on the key elements of the interaction with the external environment and the internal environment of organizations;
LO2: Recognise the the role of government within business environment and functions of market economy;
LO3: Analyse the economic environment within the operations of businesses in the United Kingdom;
LO4: Determine why countries benefit from trade with each other
LO5: Aware the students of the growing impact of the European Union on British business.
Write an essay on a Vodafone company of your own choice with employing relevant concepts and models of Business Environment and Micro Economic, analyze how and why your selected Mobile Phone company needs to audit their External and Internal Business Environments and also how they can gain insights into their Micro Economic environment.
This task addresses LOs 1 and 3.
Write an essay of 3000 words.