<p>BTEC LEVEL 3 Nationals in Business Unit 1 Exploring Business distinction essay.</p> <p>Including:<br /> <strong>Learning aim A: Explore the features of different<br /> businesses and what makes them successful</strong><br /> *A.P1 Explain the features of two<br /> contrasting businesses.</p> <p>A.P2 Explain how two<br /> contrasting businesses are<br /> influenced by stakeholders*</p> <p>A.M1 Assess the relationship<br /> and communication with<br /> stakeholders of two<br /> contrasting businesses<br /> using independent<br /> research.<br /> <strong>Learning aim B: Investigate how businesses are<br /> organised</strong><br /> B.P3 Explore the organisation<br /> structures, aims and<br /> objectives of two<br /> contrasting businesses</p> <p>B.M2 Analyse how the<br /> structures of two<br /> contrasting businesses<br /> allow each to achieve its<br /> aims and objectives.</p> <p>AB.D1 Evaluate the reasons<br /> for the success of two<br /> contrasting businesses,<br /> reflecting on evidence<br /> gathered.</p> <p><strong>Learning aim C: Examine the environment in which<br /> businesses operate</strong><br /> C.P4 Discuss the internal,<br /> external and competitive<br /> environment on a given<br /> business.</p> <p>C.P5 Select a variety of<br /> techniques to undertake a<br /> situational analysis of a<br /> given business.</p> <p>C.M3 Assess the effects of the<br /> business environment on<br /> a given business.</p> <p><strong>Learning aim D: Examine business markets</strong></p> <p>D.P6 Explore how the market<br /> structure and influences on<br /> supply and demand affect<br /> the pricing and output<br /> decisions for a given<br /> business.</p> <p>D.M4 Assess how a given<br /> business has responded to<br /> changes in the market.</p> <p>C.D2 Evaluate the extent to<br /> which the business<br /> environment affects a<br /> given business, using a<br /> variety of situational<br /> analysis techniques.<br /> D.D3 Evaluate how changes<br /> in the market have<br /> impacted on a given<br /> business and how this<br /> business may react to<br /> future changes.</p> <p>**Learning aim E: Investigate the role and contribution of<br /> innovation and enterprise to business success<br /> **<br /> Not included as group presentation.<br /> E.P7 Explore how innovation<br /> and enterprise contribute<br /> to the success of a<br /> business.<br /> E.M5 Analyse how successful<br /> the use of innovation and<br /> enterprise has been for a<br /> given business.</p> <p>INCLUDED:<br /> E.D4 Justify the use of<br /> innovation and<br /> enterprise for a<br /> business in relation to<br /> its changing market<br /> and environment.</p>