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Business and Business Environment Introduction

   

Added on  2020-12-23

14 Pages3483 Words331 Views
BUSINESS AND BUSINESSENVIRONMENT

INTRODUCTIONBusiness environment is a most important factor that has major impact on differentorganisation. These terms can be beneficial if firm already make a impactful strategy for them.Business environment is classify in two different factors as internal and external. Internalenvironmental factors can be strengths and weaknesses of firm as customers, employees,management and high cost products. For this firm needs to analyse different activities to reducenegative impact of them. External environmental factors are those that are beyond the control.These factors can be political, economical, social and technological. These factors can bepositive or negative, so for this management of an organisation needs to make impactful strategyto reduce negative impact of them. This project report is based on Nestle which is a largest foodcompany. This organisation was established in the year of 1905 by George and Charles Page.This firm provide their quality services in several countries, so for them it is require to analyseimpact of different environmental factors. This report represent legal structure, framework andstakeholder of different types of organisation as public, private and voluntary sectors firm, sizeand scope of such business ventures. At last it determine relationship between organisationalfunction and strengths and weaknesses of different macro factors. TASK 1(Covered in PPT)TASK 2P3. Relationship between different organisational functions and its linkage to objectives Every business organisation that is operating in market place is different from each otheron certain basis which involve its size, nature, function and type therefore, its structure alsodiffers from each other (Reed and et. al., 2013). Organisational structure play a essential role inaccomplishment of set goals and objectives as the style of work process is carried out in such amanner. There are number of department that is working in single company thus, it is necessaryto coordinate the activities so that ultimate goals and objectives could be achieved in set periodof time. Nestle is a largest food company operating in several part of world hence, it is requiredthat structure that is to be followed should be simple and not complex. All departments carry outtheir work procedure in accordance to set objectives so that it could be attained properly thus

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