Feedback C.1: P.4

Pass standard – assessment criteria - Pearson (2022, p.21-29)

Learning aim C: Examine the environment in which businesses operate.

C.1: Discuss the effect of internal, external, and competitive environments on a given business. P.4

• P.E.S.T.E. L - External environment.
• Corporate culture, Corporate social responsibility (CSR), ethics - Internal environment.    
• Competition (local, national and international).
• Factors influencing competitive advantage
• Benefits and importance of establishing and maintaining a competitive advantage.   

Adapted from Hilton (2023, C)

** Learners should provide traceable answers (Harvard referencing) **

Task C.1: P.4 - Online resources 

• PESTLE - Power-point-presentation Hilton, D (2023, C)
• External Environment - Power-point-presentation Hilton, D (2023, C)
• Internal Environment - Power-point-presentation Hilton, D (2023, C)
• Internal Environment -SWOT - Power-point-presentation Hilton, D (2023, C)
• Competitive environment - Power-point-presentation Hilton, D (2023, C)
• Harvard referencing - is a form of evidence, which - provides traceability to aspect of your scripts and can help validate your submission. O.U (2023).

Bibliography

• Hilton (2023, C): Unit 1. Online resources. Learning aim C. Available at: URL: https://cwc020423.blogspot.com/2023/04/11-explore-how-innovation-and.html (Last accessed: June 2023)
• O.U (2023). Quick guide to Harvard referencing. Online at: https://www.open.ac.uk/library/referencing-and-plagiarism/quick-guide-to-harvard-referencing-cite-them-right. (Last accessed: June 2023).
• Pearson (2022, p.21-29): BTEC Level 3 National Extended Diploma in Business – Specification – Issue 14 – July 2022 © Pearson Education Limited 2022