BM301 An Introduction to the Business Environment (D/615/3823) Assignment Brief 2026
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BM301 An Introduction to the Business Environment (D/615/3823) Assignment Brief 2026
BM301 Assignment Brief
| Qualification | QUALIFI Level 3 Diploma in Business Management (603/1102/2) |
|---|---|
| Unit Code | BM301 |
| Unit Title | An Introduction to the Business Environment |
| Unit Reference | D/615/3823 |
| Credits | 10 |
| TQT | 100 |
| GLH | 65 |
Assignment Aim
This unit will introduce learners to the different types of businesses, and their ownership, that exist in an economy. Learners will understand the role of owners and stakeholders in fulfilling the purpose of a business.
The unit will help learners to understand how businesses are organised to achieve their targets. This unit will also help to understand the way in which the economic, political, legal and social environment can impact on businesses giving the learner an understanding of the range of businesses.
Learning Outcomes and Assignment Criteria
| Learning Outcomes. To achieve this unit a learner must be able to: | Assessment Criteria: Assessment of these outcomes demonstrates a learner can: | ||
| 1. | Know different types of businesses and their ownership and the different types of stakeholders | 1.1 | Describe two different types of business, and their ownership |
| 1.2 | Describe different types of stakeholders whose presence affect the purpose of two organisations | ||
| 2. | Understand how businesses are organised | 2.1 | Identify how two different businesses are organised |
| 3. | Understand how businesses achieve their target purpose | 3.1 | Describe different types of business targets |
| 3.2 | Identify how a business can achieve a target | ||
| 4. | Identify legal, political, and social factors that can affect businesses | 4.1 | Describe how political, legal, and social factors affect business |
Assignment Question
Task 1 – 350 words
Carry out an investigation into two contrasting types of business organisation from different sectors (you could choose one in the private sector and one in the public sector or voluntary sector.)
You should consider stakeholder influence in the two organisations, and your report should focus on:
- business activity, for example local, national, global
- business sector
- business purpose
- ownership of the business
- Key stakeholders of the business
- Describe the type of business, purpose and ownership of two contrasting organisations.
- Describe the different stakeholders who influence the purpose of these contrasting organisations.
Assessment Criteria
1.1: Describe two different types of business, and their ownership
1.2: Describe different types of stakeholders whose presence affect the purpose of two organisations.
Task 2 – 500 words
You work as a junior journalist for the local newspaper, which is planning to run feature article on local businesses. Produce an article on two local, contrasting businesses covering:
- purpose
- ownership organisational structure
- Strategic planning
- Describe how each business is organised.
- Explain how the style of organisation helps each one to fulfil their purposes.
- Describe different types of business targets.
- Identify how a business can achieve a target.
Assessment Criteria
2.1: Identify how two different businesses are organised.
3.1: Describe different types of business targets
3.2: Identify how a business can achieve a target.
Task 3 – 150 words
As you have been examining two contrasting business organisations. The final part of the assessment asks you to examine how your chosen organisations are affected by changes in their political, legal and social environments.
- Describe how political, legal and social factors are impacting upon the business activities of selected organisations and their stakeholders.
Assessment Criteria
4.1: Describe how political, legal, and social factors affect business.
Struggling with Your BM301 Business Environment Assignment and QUALIFI Criteria?
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