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Business Environment: Impact, Analysis, and Decision Making

   

Added on  2023-02-02

15 Pages1150 Words81 ViewsType: 81
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Business and Business
Environment
TASK 2
Business Environment: Impact, Analysis, and Decision Making_1

Content Covered
Introduction
Positive and Negative impact of Macro environment
SWOT Analysis
Interrelationship
Internal And External Analysis for Decision Making
Conclusion
References
Business Environment: Impact, Analysis, and Decision Making_2

Introduction
Internal and external factors that affects overall performance of a company is
known as business environment. Factors that are mainly included in business
environment are suppliers, competitors, owners, employees, government laws
and other market and economic trends. In this report, company chosen here is
General Motors which is UK based Multinational auto-mobile manufacturer
industry.
Business Environment: Impact, Analysis, and Decision Making_3

Positive and negative impact of macro
environment
Macro environment is a name given to a broader and wider business environment within
which a company conducts its business operations. It is a fundamental factor that
studies overall market conditions like nature and kind of people, society, culture,
lifestyle, role of government, economic condition using new and innovative
technology.
Political factors: This factor of PESTLE analysis shows effects of different political
trends and conditions on overall performance of General Motors in external market
Economic Factors: Business performance or growth of General Motors depends
upon various economic factors that are present in auto-mobile markets.
Business Environment: Impact, Analysis, and Decision Making_4

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