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Business Environment INTRODUCTION 13 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business Environment

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Business Environment INTRODUCTION 3 TASK 13 1.13 1.24 1.34 TASK 25 2.15 2.26 2.37 TASK 37 3.17 3.28 3.39 TASK 410 4.110 4.211 4.311 CONCLUSION 12 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business environment implies the different forces or surroundings that have an influence on business operations. TASK 1 1 1.1 There are different types of organizations in UK and each one of them has specific purpose and objectives.

Business Environment INTRODUCTION 13 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business Environment

   Added on 2019-12-03

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Business Environment INTRODUCTION 13 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business Environment_1
Table of ContentsINTRODUCTION ..........................................................................................................................3TASK 1............................................................................................................................................31.1.................................................................................................................................................31.2.................................................................................................................................................41.3.................................................................................................................................................4TASK 2............................................................................................................................................52.1.................................................................................................................................................52.2.................................................................................................................................................62.3.................................................................................................................................................7TASK 3............................................................................................................................................73.1.................................................................................................................................................73.2.................................................................................................................................................83.3.................................................................................................................................................9TASK 4..........................................................................................................................................104.1...............................................................................................................................................104.2...............................................................................................................................................114.3...............................................................................................................................................11CONCLUSION ............................................................................................................................12REFERENCES .............................................................................................................................13BIBLIOGRAPHY .........................................................................................................................15
Business Environment INTRODUCTION 13 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business Environment_2
INTRODUCTION Business environment implies the different forces or surroundings that have an influenceon business operations. These forces include the internal and external factors to an enterprise likesuppliers, employees, customers and competitors. These affect the functioning and operations ofthe organizations either directly or indirectly (What Is Business Environment?, 2013). Thepurpose of this report is to have an understanding of the different organizations and theirstakeholders’ along with their relationship in the business environment. The report consists of anunderstanding of the different purpose of an organization and the nature of national environmentin which they operate. Following this, emphasis is on behavior of organizations in their marketenvironment and significance of global factors that shape business activities and operations. TASK 11.1There are different types of organizations in UK and each one of them has specificpurpose and objectives. Private organizations- The private sector organizations are those which are privately owned andare not the part of the government. The government cannot interfere in the working of suchorganizations. Profit organizations- These include both profit and non profit firms. The former ones operate andfunction with the sole purpose of earning profits by targeting the right customers and making thenecessary goods available to them.Non profit organizations- Non profit firms are also known as voluntary organizations whichinclude charities that have the purpose of social welfare and not earning profits. Non profit firms are also known as voluntary organizations which include charities that have thepurpose of social welfare and not earning profits. Government organizations- While, the other is government firms which are owned and operatedby the government authorities and they work with the purpose of giving services to people and inturn receive taxes from them. 3
Business Environment INTRODUCTION 13 REFERENCES 13 BIBLIOGRAPHY 15 INTRODUCTION Business Environment_3
1.2The category of organization chosen is private sector in retail industry, that is, SainsburyUK. The different stakeholders of Sainsbury are –Employees- Sainsbury work and operate in order to fulfill the objectives of the differentstakeholders. In order to meet the objectives of employees, the company provides optimum paybenefits to them along with appropriate monetary benefits according to their performance.Customers- In order to meet the objectives of the customers the company recognizes the needsof the prospects and offer products and services according to their needs. It also establishes goodrelationship with its loyal customers so that they visit their stores regularly.Suppliers- The needs of the suppliers are also being met by Sainsbury as the company providenecessary benefits to all its suppliers and maintain healthy relations with them. Government- The objectives of the government are fulfilled by working in compliance with thevarious legislations issued by the authorities and exhibiting an effective corporate socialresponsibility. 1.3Employee – The responsibilities of Sainsbury towards its employees are to provide them aculture in which they feel proud to work atCustomers – The responsibilities towards the customers are to provide a good quality service tothem at the storesSuppliers - Towards suppliers Sainsbury hold the responsibility that it maintain propernegotiation standards with them and also and also implement themGovernment -Towards government, Sainsbury hold the responsibility that it performs all itsoperations with transparency.Efforts by Sainsbury Employees – For this, the company applies a healthy and safe working atmosphere for them sothat they can serve customers wellCustomers -Sainsbury meet the responsibilities by taking regular feedback from the customers sothat it can be aware of their changing needs and offer products and services according to thedemands and requirements. Along with this, the company also has a customer relationshipmanagement unit which keeps a note of its customers and always keeps contact with them. This4
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