P1 – Explain the features of two contrasting businesses.P2 – Explain how two contrasting businesses are influenced by stakeholders.P3 – Explore the organisation structures, aims and objectives of two contrasting businessesM1 – Assess the relationship and communication with stakeholders of two contrasting businesses using independent researchM2 – Analyse how the structures of two contrasting businesses allow each to achieve its aims and objectivesD1 – Evaluate the reasons for the success of two contrasting businesses, reflecting on evidence gatheredAssignment 2 Checklist Covering P1, P2, P3, M1, M2 and D1P1 – Explain the features of two contrasting businesses.Organisation 1 (Must be a private sector organisation, i.e. a profit-making business)Organisation 2 (Must be a charitable organisation, a public sector business or a voluntary organisation, i.e. a not-for-profit business)P3 – Explore the organisation structures, aims and objectives of two contrasting businessesOrganisation 2Task 2 create two sways showing theinfluence of stakeholders on your chosen businesses.P2 – Explain how two contrasting businesses are influenced by stakeholders.Organisation 1Organisation 2Stakeholder mapping.Organisation 2 (1)M1 – Assess therelationship and communication with stakeholders of two contrasting businesses using independent researchOrganisation 2 (2)M2 – Analyse how thestructures of two contrasting businesses allow each to achieve its aims and objectivesOrganisation 2 (3)D1 – Evaluate thereasons for thesuccess of two contrasting businesses, reflecting on evidence gatheredBTEC Business Foundation Diploma Unit 1 - Exploring Business Assignment 2 (Learning Aims A and B) Checklist for P1, P2, P3, M1, M2 and D1 P1 – Explain the features of two contrasting businesses. P2 – Explain how two contrasting businesses are influenced by stakeholders. P3 – Explore the organisation structures, aims and objectives of two contrasting businesses M1 – Assess the relationship and communication with stakeholders of two contrasting businesses using independent research M2 – Analyse how the structures of two contrasting businesses allow each to achieve its aims and objectives D1 – Evaluate the reasons for the success of two contrasting businesses, reflecting on evidence gathered Assignment 2 Checklist Covering P1, P2, P3, M1, M2 and D1 Task 1 create 2 business fact sheets.1 for each business. P1 – Explain the features of two contrasting businesses. You will find an example fact sheet on Moodle and a template of the information to include. Make sure that the fact sheet looks professional with images and logos, they can be created in Word or Sway. Remember that there is a textbook chapter 1 on Moodle to help you. Organisation 1 (Must be a private sector organisation, i.e. a profit-making business) Your research should include: Features of the business to include ownership and liability, purpose, sector, scope of activities and size. Organisation 2 (Must be a charitable organisation, a public sector business or a voluntary organisation, i.e. a not-for-profit business) Your research should include: • Features of the business to include ownership and liability, purpose, sector, scope of activities and size. P3 – Explore the organisation structures, aims and objectives of two contrasting businessesOrganisation 1 Your research should include: Organisational structure and functional areas The business mission, vision and values, aims and objectives. Organisation 2 Your research should include: Organisational structure and functional areas The business mission, vision and values, aims and objectives. Comment on how theorganisational structure helps thebusiness achieve its aims and objectives. Task 2 create two sways showing theinfluence of stakeholders on your chosen businesses. P2 – Explain how two contrasting businesses are influenced by stakeholders. Examples of stakeholder groups: Internal – managers, employees and theowners (sole trader, partners, shareholders or trustees). External – suppliers, lenders, competitors, customers, trade unions, local community, government agencies and departments, pressure groups and interest groups (including volunteers, beneficiaries and donators). Organisation 1 Your research should include: The relationship with internal and external stakeholders, to include how it communicates with these stakeholders and theinfluence they have on thebusiness. Make sure that you include examples of thecommunication and comment on thepurpose of thecommunication, thetone and language and imagery used. Consider three internal stakeholders and three external stakeholders. Organisation 2 Your research should include:The relationship with internal and external stakeholders, to include how it communicates with these stakeholders and theinfluence they have on thebusiness. Make sure that you include examples of thecommunication and comment on thepurpose of thecommunication, thetone and language and imagery used. Consider three internal stakeholders and three external stakeholders. Stakeholder mapping. Organisation 1 Using thepower interest grid take each of the3 internal and 3 external stakeholders and assess each of their interest in thebusiness and each of their power and then place each one in thecorrect quadrant. Organisation 2 Using thepower interest grid take each of the3 internal and 3 external stakeholders and assess each of their interest in thebusiness and each of their power and then place each one in thecorrect quadrant. For example, customers have a high interest in thebusiness but have relatively low power to influence. Task 3 Report M1 – Assess therelationship and communication with stakeholders of two contrasting businesses using independent research .Organisation 1 Your report should include: An assessment of therelationship and communication that theorganisation has with its internal and external stakeholders (M1) and how this supports and enables thebusiness in achieving its aims and objectives and in being successful (D1). Organisation 2 Your report should include: An assessment of therelationship and communication that theorganisation has with its internal and external stakeholders (M1) and how this supports and enables thebusiness inachieving its aims and objectives and in being successful (D1). M2 – Analyse how thestructures of two