ASDA Business Environment Report

Added on - 22 Jul 2020

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Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Describe the type of business, purpose and ownership of two contrasting businesses.....1P2 Describe the different stakeholders who influence the purpose of two contrastingbusinesses...............................................................................................................................2TASK 2............................................................................................................................................3P3 Describe how two businesses are organised.....................................................................3P4 Explain how their style of organisation helps them to fulfil their purposes.....................4TASK 3............................................................................................................................................4P5 Describe the influence of two contrasting economic environments on business activities. .4TASK 4............................................................................................................................................5P6 Describe how political, legal and social factors are impacting upon the business activities5CONCLUSION................................................................................................................................5REFERENCES................................................................................................................................7
INTRODUCTIONIn the modern time period, internal environment of company has be to be managed andcontrolled with the help of new and smart technologies. It is very important to properly analyseand evaluate external market environment as well as major factors which can b impacting onoperations and their production level (Baxter, 2012). This research project will be explainingabout different type of business and their major purposes as well as major factors such as social,legal, political etc. which be influencing on firm. ASDA is of fastest growing and leading retailcompany in UK, which is dealing with different type of home products. Its already set an brandimage in external market place and customer's mind.TASK 1P1Describe the type of business, purpose and ownership of two contrasting businessesAsda Stores Limited, commonly known as ASDA, is the second largest retail store and anational public limited company. It is a profitable business and it is the subsidiary of Americancompany Wal-Mart. It was founded in 1949. Furthermore as Asda is a profitable business it isalso in the private sector (Breton‐Miller and Miller, 2013).Welcare is a local charitable, non-profit organization. They earn no profit out of theirwork however do accept forms of donations and fundraisers. The charity was set up by a churchover 100 years ago. It was originally founded in 1894. Furthermore as it a non-profit businessand is giving service it is in the public sector. Purpose of the business: A charity is a group ofprofitable people whose aim is to give a service and help those in need. Welcare charity providesservices which include social work and family support, support groups and life skill workshopsand also a children’s health clinic. They work to keep families together, and encourage parents togive their children a happier childhood (Chaffey and White, 2010).Asda is a retail supermarket and the purposed of Asda is to make profit and to supplygoods to customers. It sells general merchandise such as food, drink, clothing and various otheritems. It also has services such as insurance, financial services and a mobile telephone network.Business Ownership and level of liability: Asda was founded by Associated Dairies & FarmStores Limited in 1949. This is situated in Leeds. The company has limited liability, thereforeany debts within the company are paid by shareholders investment and this means the owner1
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