School of Business and Leisure
BTEC National Diploma in Business – Feedback and Review Sheet
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Unit 30 Business and the Economic Environment
Assignment: One
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OUTCOME(S)
1 Investigate the impact on businesses of changes in levels of business activity 2 Consider the impact on businesses of changes in European, national and local government spending and taxation
To achieve a Pass
P1
P2
Explain the likely effect on a selected business of a variation in national levels of business activity with reference to changes in interest rates
Explain the possible impact on a selected business at a local, national or European level of a significant reduction in the overall level of public spending
To achieve a Merit
M1
Analyse the likely impact on a selected business organisation of a significant variation in national economic activity
To achieve a Distinction
D1
Evaluate the vulnerability of a selected business to significant variations in national economic activity
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In this assignment you have achieved the following grading criteria
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The Pass tasks 1 and 2, (P1 and P2) are to be completed in pairs in the form of a Power-point presentation.
This assignment asks you to investigate the effects changes in the economy may have on specific companies. You may find it helpful to select from the following list, (however, you are free to choose a company at a local or regional level)
a) Tesco’s Plc http://www.tescocorporate.com/
b) Barratt Homes http://www.barratthomes.co.uk/
c) Laing Plc http://www.laing.com/
d) Marks & Spencer Plc
e) DFS http://www.dfsonline.co.uk/
f) Dixons http://www.dsgiplc.com/Layout.aspx?ID={5aad56ce-5794-4928-8d1a-4923e120929d}&CatID={95c3cceb-b085-4882-9380-919fc28eaabd}
TASK 1
INTEREST RATES
To achieve a pass
1. Decide on a specific business or industry sector.
2. Explain how the government may use interest rates as a tool to influence the economy.
3. Explain how changes in interest rates might have positive and negative effects on the business or industry you have chosen
