Examine the global business environment and explain why countries benefit from trade with each other.Identify how a market economy functions and the role of government within it.

Economy functions

1. Demonstrate an understanding on the key elements of the internal environment of organisations and the interaction with the external environment.

2. Identify how a market economy functions and the role of government within it.
3. Examine the economic environment within which businesses operate in the United Kingdom
4. Examine the global business environment and explain why countries benefit from trade with each other.

5. Understand the growing impact of the European Union on the businesses operating in the EU environment.

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