Overview

Framework:
RQF
Level:
Level 2
Unit No:
Y/505/2494
Credits:
3
Guided learning hours:
24 hours

Assessment Guidance

Portfolio of Evidence

Aim

The aim of this unit is to help learners understand different types of businesses and how they are organised. Learners will also consider different administrative processes and their importance to the business.

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

1 — Understand the aims and objectives of different types of business organisation.

Assessment Criteria

  • 1.2
    Identify the aims and objectives of different types of business organisation.
2 — Know the different types of business ownership.

Assessment Criteria

  • 2.1
    Describe the different types of business ownership.
  • 2.2
    Outline with examples, why different organisations have different types of ownership.
3 — Know how the structures of organisations differ.

Assessment Criteria

4 — Know the importance of administration within an organisation.

Assessment Criteria

  • 4.1
    Identify different administrative skills and their role in business organisations.
  • 4.3
    Explain why efficient administration is critical to business success.