undefined • Level 3 BTEC Business Extended Diploma

For P4, learners must examine fiscal and monetary policies in relation to a chosen business. This will involve analysing the possible impact of changes in the tax regime, as well as interest rate changes, on a selected business’s operations. The range of possibilities is extensive and will vary over time so care will be needed in identifying what is relevant at any one time.

For P3, learners should consider the impact of changes to government spending on a selected business at a local, national or European level. If government spending is declining, demand for a business’s products or services will fall. This will have predictable consequences on the revenues, profits and employment for both the individual business and the economy as a whole. Learners can also analyse the likely impact on a selected business organisation of a significant change in the level of pub...

For P2, learners need to consider the wide range of government policies that impinge on business and select those that have a significant effect on the selected business. The impact of policies will vary between businesses depending on their size, location and type of activity. It makes sense to use the same organisation as used for P1.

For P1, learners should explain the likely effect of variations in the economic environment on a selected business, by examining the business cycle and indicators that describe it, such as inflation, employment, growth and international trade. Learners should choose an appropriate business in order to examine the impact of any changes. A local example or a major national example will help ensure sufficient information is available.

Produce a proposal containing the essential information for the start -up of a business.

For P4, learners should describe the procedures designed to identify, monitor and prevent health and safety hazards in a selected workplace. This leads on to P5 where learners will explain the procedures for carrying out a risk assessment in a selected workplace situation.M2 requires analysing the roles and responsibilities of key personnel in a selected workplace

For P3, learners should outline the roles and responsibilities of the key personnel in a selected workplace for health and safety, for example the facilities manager, site manager, human resources director or head of department. Learners should include the obligations and responsibilities of individuals at work. Attention should focus not only on job descriptions which include health and safety related issues, but also on ways in which attention to health and safety may be regularly verified.M2 ...

This could lead on to P2 where learners should describe the requirements for a healthy and safe workplace as applied to a selected industry, which may be seen as a positive way of referring to a risk assessment.

This could lead on to P2 where learners should describe the requirements for a healthy and safe workplace as applied to a selected industry, which may be seen as a positive way of referring to a risk assessment.

For P1, learners are required to outline the key features of legislation and regulations on health and safety and how they are applied to working conditions in two selected organisations. Learners should focus on application to the workplace rather than repeating vast chunks of law.