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Business and Business Environment : Doc

   

Added on  2020-09-17

15 Pages3541 Words44 Views
Business DevelopmentFinance
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Business and BusinessEnvironment
Business and Business Environment : Doc_1

Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3Covered in PPT...........................................................................................................................3P3 Interrelations between organizational functions and with company structure and objectives.....................................................................................................................................................3TASK 2............................................................................................................................................5P4 Positive and negative impact of PESTLE analysis................................................................5P5 SWOT analysis of chosen organization.................................................................................7P6 Interrelationship between micro and macro factors of an organization.................................9CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................11
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INTRODUCTIONBusiness environment is a study of external and internal elements in order to run asmooth business organization by satisfying the need or demand of distinct clients. In fact, thesefactors are totally interrelated with each other and have a major impact on a companyperformance because overall company policies are designed on the basis of government rulesand regulations (Burns and Winter, 2011) . For instance health and safety is a seen as extrinsicfactor which influence the business operations in various manner. Therefore, assignment is goingto highlight the various types of organization which are existing at a marketplace but havingdistinct objectives as compared with each other. Although they all are distinguish on the basis ofsize, scope and legal structures as well as motive of establishing business entity. Thus, maincompany which is selected in this report is Maybelline which is involved in offering bestclothing services to their desired clients. Moreover, PESTLE and SWOT analysis is also outlinedin this project for identifying the current position of an organization TASK 1Covered in PPTP3 Interrelations between organizational functions and with company structure and objectivesMaybelline involves distinctive authoritative functionalities in order to gain maximumprofits by satisfying consumer needs. There are various number of hierarchical functions that areavailable in single business association that is connected with its set destinations and points inpowerful and productive way . Thus, it has been understood that every department of anassociation are having a major connection with each other and having impact on performance ofbusiness entity. Hence, overall descriptions which shows the interrelationship is discussed asfollows:- Research and development department:- This section of Maybelline perform vitalbusiness operations that is assessment of present economic situation with the goal that they couldready to take judgement in powerful and effective way. They consistently need to analyse macrofactors in order to study the positive and negative effect on the association framework. Theirprime obligation is to assess all the working procedure that is occurring with the goal that generalcapacity of the organization will be performed in viable and effective way (Chow, and et. al.,2011) . 4
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