Auditing Business Environment of Bullitt-group Ltd.

Assignment

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Business Environment & Micro Economic Models & Concepts................................................1
Internal Audit & Strategy............................................................................................................1
Micro Economic concepts as well as models..............................................................................5
Examining the ways and reasons Mobile Phone company needs to audit their External and
Internal Business Environments..................................................................................................6
Insights about Micro Economic environment within which mobile phone business operate...10
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................12
Books & Journals......................................................................................................................12
Online:.......................................................................................................................................13

INTRODUCTION
Business Environment includes different internal as well as external elements which
highly affects the the overall working of the company. These factors consist of suppliers,
customers, government, managers and so on which influence the working of business entity in a
negative and positive manner. Therefore, it is very essential for the management team of a
company to consider all the factors which affect the business activities of the organisation
(Antonaras and Dekoulou, 2019). In order to complete the report in an effective manner, Bullitt-
group Ltd. has been chosen as the base company which is established in 2009. Along with this,
headquarter of the company is loacted in Reading, Berkshire, UK. It is said that company
generally provides various products and services to their users which helps in satisfying the
requirements and wants of customers. Therefore, this assignment help in focusing on both micro
as well as macro environment. In addition to this, there are various tools, techniques and models
used by management team of the company which are PESTLE and SWOT analysis.
MAIN BODY
Business Environment & Micro Economic Models & Concepts
Background of the Organisation: Bullitt-group Ltd. is one of the well known business
organisation or brand within the marketplace of UK. They mainly provide their products as well
as services in the whole wide world which helps them in making their customer base strong. It
has been analysed that company mainly provide services to the users which can easily be
affordable by any one and assist them in order to capture huge market share. In addition to this,
company mainly operates with small amount of workforce in around 75 nations across the world
(Beaverstock, Hall and Faulconbridge, 2017).
Internal Audit & Strategy
It has been analysed that there are various factors within internal environment are going
to be discussed below in an effective manner.
 Mission & Objective of the company: The primary mission of the company which is
Bullitt-group Ltd. is to conduct regular basis of improvement within the service level so
that work can be done in an ethical manner by considering all the factors of environment.
 Financial Resources: It is said that there are various key resources with the help of
which workers will be able to perform their task efficiently. Therefore, all these affect the
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working of an organisation in both positive and negative manner. In the present context
of Bullitt-group Ltd. Company is not having adequate amount of funds which negatively
affect the overall development and growth of the organisation at the marketplace
(Bianchi, 2017).
 Physical and Human Resources: In order to conduct the whole work in an effective
manner, it is essential for the organisation to have enough amount of both human as well
as physical resources in order to conduct each and every task in an effective and efficient
manner. In the present context, all these resources negatively affect the whole
performance of the company as they do not have enough resources.
 Management Structure: It has been said that company adopt collaborative structure and
culture within their organisation which mainly incudes Hierarchical Structure helps in
conducting their work in an effective manner.
 Work Environment: It define as the business environment provided to the employees so
that they can perform their all the functions in an appropriate manner. It has been said
that there is positive working environment within the company which leads to increase
the overall performance.
 Labour Management Relationship: In the present context of Bullitt-group Ltd.
Managers maintain positive and strong relationship with their employees so that they can
get greater opportunities at the marketplace (Bitkowska, 2019). Along with this, they will
be able to get overall career development.
 Technological Capabilities: By the each passing time it has been said that capabilities of
the business organisation is enhancing day by day which provide them ample number of
opportunities at the marketplace. For beating the level of competition arise within the
marketplace, managers need to do various improvement within their technologies aspects.
Business Environment
It has been said that business environment is the sum total of both internal as well as
external factors which highly influence the overall business functions at the competitive
marketplace. Business environment might includes factors such as government exercises,
workers, client desires, financial changes, technological advancement, social pattern, financial
changes and many more (Butler and Ko, 2015). It is essential for the organisation to emphasis on
the business environment as well as on the various ongoing activities which assist in identifying
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