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Business and Business Environment

Provide students with background knowledge and understanding of business, the functions of an organisation and the wider business environments in which organisations operate.

10 Pages735 Words326 Views
   

Added on  2023-04-10

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This presentation explores the purpose of organizations, their point of difference, organizational structure, size, scope, and the services or products offered. It uses examples from GSK and Barclays Plc to illustrate the different aspects of the business environment.

Business and Business Environment

Provide students with background knowledge and understanding of business, the functions of an organisation and the wider business environments in which organisations operate.

   Added on 2023-04-10

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Business and Business
Environment
Business and Business Environment_1
Contents
Purpose of organisations
Point of difference
Organisation structure
Size
Scope
Service or products offered
Conclusion
Bibliography
Business and Business Environment_2
Purpose of organisations
According to Baron (2012), the sizes and scope of every organisations is
drastically different than one another and their operational activities also differ
in size and future scope.
Being a huge company in the banking sector, Barclays Plc has huge duties and
purposes as a corporate and public body and the main responsibility is to have a
positive corporate social responsibility (CSR) towards the public.
Since GlaxoSmithKline is a private organisation, their liability is spread vastly,
starting from customers, shareholders and all the major stakeholders. The fact
that their business deals in sensitive products such as medicines and vaccines,
they constantly must undertake research and development procedures to create
new and advanced products that have huge implications in the normal world.
Business and Business Environment_3

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