Level 3 Award
in an Introduction to the Business Environment
Level 3 Award could transfer 20 credits and full tuition fees to Level 3 Diploma programs of SIMI Swiss.
Level 3 Award in An Introduction to the Business Environment
The aim of this award is to help learners understand different types of businesses, their ownership structures, and the roles of owners and stakeholders in achieving business goals. The unit also explores how businesses are organized to meet targets and how economic, political, legal, and social factors impact various types of businesses.
Could transfer 20 credits and full tuition fee to the Level 3 Diploma in Business Management of SIMI Swiss.
Learning Outcomes:
1. Know different types of Businesses and their ownership and the different types of stakeholders.
- 1.1 Describe two different types of business, and their ownership.
- 1.2 Describe different types of stakeholders whose presence affect the purpose of two
organisations.
2. Understand how businesses are organised.
- 2.1 Identify how two different businesses are organised.
3. Understand how businesses achieve their target purpose.
- 3.1 Describe different types of business targets.
- 3.2 Identify how a business can achieve a target.
4. Identify legal, political, and social factors that can affect businesses.
- 4.1 Describe how political, legal, and social factors affect business.
Topics:
Understand different types of businesses and their ownership.
Course Coverage
- Types of businesses (e.g., sole traders, partnerships, private limited companies).
- Ownership structures and their features.
- Key differences between private and public sector organisations.
- Examples of local businesses with different ownership types.
Understand the role of stakeholders in businesses.
Course Coverage
- Identification of internal stakeholders (e.g., employees, owners) and external stakeholders (e.g., customers, suppliers).
- Influence of stakeholders on business purposes and objectives.
- Conflicts of interest between different stakeholder groups.
- Case studies on local stakeholder impacts.
Understand how businesses are organised to achieve their objectives.
Course Coverage
- Organisational structures (e.g., functional areas, chain of command, span of control).
- The importance of organisation in achieving business targets.
- Use of organisational charts to explore business operations.
- Examples of strategic planning and mission statements.
Understand how businesses achieve their targets.
Course Coverage
- Types of business objectives (e.g., profit maximisation, growth, market share).
- Strategies and practices used to achieve business targets.
- Role of strategic planning in achieving objectives.
Understand the impact of political, legal, and social factors on businesses.
Course Coverage
- Political factors: Government policies, taxation, and economic regulations.
- Legal factors: Business laws, consumer rights, and compliance requirements.
- Social factors: Demographics, cultural trends, and consumer behaviour.
- Case studies on the effects of these factors on specific businesses.
Indicative reading list
- Business Environment – Ian Worthington and Chris Britton
- Exploring Strategy: Text and Cases – Gerry Johnson, Richard Whittington, and Kevan Scholes
- Tutor2u – Business Environment – Online Resource
- BBC Bitesize – Business Studies – Online Resource
- Khan Academy – Microeconomics – Online Resource
- Harvard Business Review – Case Studies
- Cengage Case Studies – Business Environment
- World Economic Forum Reports – Reports and Articles
- OECD Insights Blog – Reports and Articles
- TED Talks – Business and Economics – Videos
- The Economist Podcast – Business Trends and Environment
Entry requirements
- Applicants must be at least 16 years old.
- Completion of full secondary education is required.
English requirements
If a learner is not from a predominantly English-speaking country, proof of English language proficiency must be provided.
- Common European Framework of Reference (CEFR) level B2 or equivalent
- Or A minimum TOEFL score of 101 or IELTS 5.5; Reading and Writing must be at 5.5 or equivalent
- Or A minimum Pearson Test of English Academic (PTE Academic) score of 51 or equivalent
The SIMI Swiss reserves the highest decision-making power for admission whether to accept or not accept after a specific review of each candidate’s profile to ensure that they can comprehend and gain benefits when participating. For the fake university or diploma mills, University Partners shall not be accepted.
After graduating with Level 3 Award, students receive all certified documents from the SIMI Swiss.
Certified Documents:
- e-Certificate from the Swiss Information and Management Institute (SIMI Swiss).
- Hard copy certificate from the Swiss Information and Management Institute (SIMI Swiss) – Optional.
- Accreditation of Prior Experiential Learning for Qualifications (APEL.Q) certified from SIMI Swiss for credit and tuition fee transfer.
Because the program is accredited and recognized, students can easily use certified in the working environment and have many opportunities for career advancement. In addition, in case if you want to study for a SIMI degree or university partner degree, students can convert all credits and the full paid tuition fee.
The SIMI Swiss’ Level 3 Award means:
The SIMI Swiss Level 3 Award is a qualification at the foundational level and is equivalent to the following:
- Level 3 Certificate of the Regulated Qualification Framework (RQF) in the UK
- Level 6 Certificate of the Scottish Credit and Qualifications Framework (SCQF)
- Level 3 Certificate of the Credit and Qualifications Framework for Wales (CQFW)
- Level 3 Certificate of the European Qualifications Framework (EQF)
- Level 4 Certificate of the Australian Qualifications Framework (AQF)
- Level 3 Certificate of the ASEAN Qualifications Reference Framework (AQRF)
- Level 4 Certificate of the African Continental Qualifications Framework (ACQF)
Students can convert all credits and the full tuition fee when participating in the SIMI Swiss and/or University Partners academic programs if they want to study for an academic degree.
Credits transfer:
Learners can accumulate 20 credits from the Level 3 Award program when participating in the Level 3 Diploma program. Please see the credit transfer policy HERE
Tuition fee transfer:
When participating in the Level 3 Diploma program, students who have graduated 1 Level 3 Award will receive a discount of full tuition fee which you paid. Please see the tuition fee transfer HERE
The SIMI Swiss micro-credential program allows for the transfer of credits and tuition fees into full degree programs from SIMI Swiss and/or its university partners. SIMI Swiss reserves the right to limit admissions once the number of students exceeds the quotas.
Apply Policy:
- To participate in the SIMI Swiss micro-credential program, students need to meet the entry criteria corresponding to each level. Please see the “Entry” tab for more details.
- SIMI Swiss will not accept applicants if their entry qualifications are from diploma mill universities or schools/universities that are not accredited.
- English is not a mandatory entry requirement for Micro Credential programs, but candidates need to ensure that English is used in reading documents, listening to lectures, and doing assignments. Candidates should note that English is a mandatory requirement when switching to an academic program at SIMI Swiss and University Partners.
Apply Process:
- Choose the program that suits your requirements.
- Email your application to support@simiswiss.ch with all the required documents. You can download the application form here.
- Our admission department will contact you and guide you through further processes if the registration documents need to be supplemented.
- SIMI Swiss will issue the Letter of Acceptant (LOA). You wil proceed to the next steps according to the instructions and pay tuition fee.
- SIMI Swiss will issue a student confirmation letter, login account to the e-learning system and related documents.
- You have become an official SIMI Swiss student and enjoy your study journey.
The SIMI Swiss micro-credential program is fully online, allowing you to study anytime, anywhere. You have the option to attend live classes with SIMI Swiss. The final exam will be uploaded to the system and evaluated by the academic panel of SIMI Swiss. Students must submit assignments on time; failure to do so will result in the student being considered to have discontinued the program.
Pricing Plans
Take advantage of one of our non-profit professional certified programs with favorable terms for your personal growing carreers.
- Full online videos
- e-Books
- Self-study contents
- Online tutor videos
- Assignment guide
- e-Certificate
- Hard copy certificate
- Accreditation & Recognition certified from University Partners
- Deliver hard copy certificate and all certified documents to your home
- Transfer full credits & tuition fees to equivalent academic programs
- Get more support tuition fees and scholarships when becoming SIMI' international students
- (*) In the event that you receive a scholarship or discount, the fee you should transfer is the amount you actually paid.
SWISS MICRO CREDENTIAL
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