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Business and Business Environment Assignment - NATWEST

   

Added on  2020-10-04

19 Pages5701 Words37 Views
Business andBusinessEnvironment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P1) Different purpose and type of business organisation.......................................................1P2) Size and Scope of various type of business organisation................................................4TAKS 2 ...........................................................................................................................................6P3) Explaining Relations between different organisational purpose, their link with structuresand objectives.........................................................................................................................6P4) Evaluating negative and positive impact of Macro environment on business operations8P5) External and internal analysis to determine strengths and weaknesses ..........................1P6 Relation of strength and weakness with external macro factors.......................................2CONCLUSION .............................................................................................................................4REFERENCES ...............................................................................................................................5

INTRODUCTIONA business can be consist as firm, company, industry or organisation, who works forgaining growth and success at market place through offering various goods and services to theirpotential buyers. Market refers as a place where people can share goods and services in terms ofgaining money (Aithal, 2016). Business environment regards as various activities and operationsthat are helpful in attaining organisational desired goals and objectives in most efficient manner.Environment has some positive as well as negative impact on organisational performance. In anorganisation manager and higher authority are responsible for conducting all business activitiesin appropriate manner, so that goals and objectives can be attained in effective way. NATWESTis a famous company who deals in banking sector and provide various services to businessorganisations in order to effectively perform at market place. The present report is based on thestudy about business environment that involves concepts in respect to create effective plans andpolicies to execute their working, interrelations between different functional areas, influences onmacro environment factors in economy and strong and weak points that are related with macrofactors in an economy.TASK 1P1) Different purpose and type of business organisation.In today's modern scenario each business organisation is focused on attracting largenumber of customers towards their offered products and services. The major purpose of eachbusiness organisation is to gaining high profit and revenue at market place. Different type ofbusiness organisations are available at market place who are performing various businessoperations in the economy. This is beneficial in attaining higher growth and profit for well-beingof society. Three different sectors are there that are evaluated at business place in respect to runall business plans and policies in most efficient manner. These industries are known as public,private and voluntary sector and they all are preforming various business activities in differentfunctional areas as they all are not having similar functions and operations. NETWEST is apopular business firm who helps in providing various facilities to different industry in order toperforming various business operations at market place (Aterido, Hallward-Driemeier and Pagés,2011). NETWEST guide various business through granting them loan, so that they can run their1

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