Question: AC1.1: Analyse differences between global business organisations working in different sectors, industries and contexts Key differences __ Legal status/ownership e.g. sole trader, partnership, company, corporation

AC1.1: Analyse differences between global business organisations working in different sectors, industries and contexts

  • Key differences

__ Legal status/ownership e.g. sole trader, partnership, company, corporation (e.g. limited and unlimited, public limited and international equivalents)

__Structure and size

__What they offer (Products and/or services)

__Image

  • Different sectors/industries e.g.

__Private - e.g. manufacturing, service e.g. hospitality, finance

__Public - e.g. healthcare, education

__'Not for profit - e.g. supporting others, conservation and heritage organisations, campaign groups

  • Global context (International; National; Local)

AC1.2: Assess the responsibilities of business organisations operating in a global environment

  • Organisational responsibilities to: shareholders; employees; other stakeholders; customers; the environment;
  • Ethical issues

AC1.3: Evaluate strategies employed by business organisations operating in a global environment

__Organisational strategies (Human resources policy; Environmental strategy; Equal opportunities policy; Ethics policy; Financial plan; International partnering policy; Electronic modes of marketing and communication; Reliable import and export processes)

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