This assignment talks about the Impact of Environmental Factors on Markets. There is also a discussion on IT and Law for Business. Therefore, report on how different organisations respond to their environment with consideration of their IT needs and the legal awareness they must have.

Impact of Environmental Factors on Markets – IT and Law for Business

Combined Assignment 2: Business Environment; IT and Law for Business The four tasks shown below constitute 90% of the overall mark (see Mark Scheme). 10% of the overall marks for the assignment must be given to ‘Structure andFormat’. As a senior Manager for your company, your CEO has asked for a report on how different organisations respond to their environment with consideration of their IT needs and the legal awareness they must have. Formulate a report that encompasses the following elements: Task 1  For a minimum of three selected, different types of organisation; explain their responsibilities and how they try to meet them.  Show the typical, elements for the formation of a legal contract between organisations and a third party and: o Describe the importance of different terms in a contract, giving examples

Impact of Environmental Factors on Markets – IT and Law for Business

 Apply knowledge of contract and tort to selected business scenarios with your response showing: o Evaluate the impact of, and possible problems with, different types of contract in given scenarios o Compare, distinguish between, contractual liability and liability in negligence o Explain the importance of vicarious liability to business organisations giving examples of such liability Business Environment: LO 1; Law for Business: LO 1; LO 2; Law for Business: LO 3.Task 2  Demonstrate the impact of the UK business environment and international trade on selected business organisations.  Expound on the benefits and barriers to a business, including those relating to security, which face an online business organisation. Within your answer you should describe scope and types of ebusiness processes and transactions  Describe the legal issues facing an online business organisation. Business Environment: LO 2; IT for Business: LO 1

Impact of Environmental Factors on Markets – IT and Law for Business

Task 3 Additionally, show how market forces affect a range of different organisations and their impact on Page 5 of 9. Back to Contents. BMM Combined Assignment 2: Business Environment, Copyright © EduQual Ltd. 2016 IT and Law for Business (SCQF). Issue 1.0, March 2017 determination of pricing and output decisions of organisations. Specifically, evaluate the impact of environmental factors on markets. Likewise, evaluate the benefits and elements of internet marketing and explain the tools that may be used for effective internet marketing. Furthermore, explain the key features of interactive order processing. Business Environment: LO 3; IT for Business: LO 2.

Task 4. Again, evaluate existing communication and information systems in a selected organisation. Also, your considerations should cover collection, storage, and sharing of information and knowledge. Finally, create a plan to improve existing communication and information security and storage systems for a chosen organisation.

Detailed Instructions

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