Business and Business Environment Assignment - Hennes and Mauritz
Added on 2020-10-05
12 Pages3131 Words495 Views
Business and businessenvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types of organizations and the growth of the international business environment1P2. The size and scope of the organization; their vision, mission and business objectives; theorganization and legal structure; and information about their stakeholders...............................1TASK 2............................................................................................................................................1TASK 2............................................................................................................................................3P.4 Analyzing the positive and negative impact on the macro environment on businessoperations....................................................................................................................................3P.5 Conducting internal and external analysis to identify H&M strengths and weaknesses......4P.6 SWOT analyses of organisation............................................................................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................9
INTRODUCTIONCustomers have certain set of expectations that are needed to be considered by companiesso that they are able to raise their sales and profitability. There are many organizations that havecome up and are focused on delivering high quality services. For some of them, ultimate may togain maximum profit but there are few that aim at betterment of the society. In order to conductthe research in appropriate manner, Hennes and Mauritz is taken in to consideration. This is anorganization and focus on delivering their customers with high quality services. This reportcovers, different organizational functions and their link to company’s objectives and structure.Further, it covers positive and negative impacts that macro environment has upon the businessoperations. TASK 1P1 Different types of organisations and the growth of the international business environmentCOVERED IN PPTP2. The size and scope of the organisation; their vision, mission and business objectives; theorganisational and legal structure; and information about their stakeholdersCOVERED IN PPTTASK 2P3 Different organizational function and linking to the organization objective and their structureOrganization structure is important for the development process because they are creatinga different strategies and can be approaches a new technology helpful for the organizationalgrowth and development (Fleischmann, 2014). In this way, they increased their production valueand the quality of product. Hennes and Mauritz is the popular organization that can be controlthe whole department and it can be managing the different task performed by the department.They are achieving some for the growth. There are function that perform a different task in theorganization as following:Marketing process: The marketing department is very important because they are mainthe sales of product. They are creating a different plan for the promotion of product in effectivemanner. The Hennes and Mauritz are developing a new plan for the product selling. The salesteam maintain the detail of product such as purchased item detail and selling prize this areimportant things of every product. They can be represented an effective manner to provide theinformation to the customer. This organization is important to create an effective sales pitching.1
Finance process: Finance department will control and manage the whole financialfunctions such as income, cost, loss, profit etc. Financial department manage the whole budget ofincome and the new product lunched details. This is the important department that are veryuseful for Hennes and Mautitz.Production process: Every firm has their own separate department that mange the wholemanufacturing team (Jennings, 2014). This department will manage the new product details andtheir quality of product. It provides a good quality of services to customer. First of all, theyunderstand the need of customer and then modified their product according to the client. Themanufacture manager can manage the whole production process. They are directly interactedwith the production department that provide the full details of product.Human resources: The HR department is play important role for the Hennes andMauritz. They are hiring the best talented people that enhances their skills for the growth oforganization. They are following some steps to select the employee. HR department is veryimportant for the organization because they will manage the detail of employee and providingthe income related information.Hennes and Maurtiz is the most popular company to performing a different task in stepby step. They are achieved their goal for the business process. In this firm, All department areperforming different task in an effectively. This department can be build a relationship with theother department. They are managed the coordination between the employee. All department areconnected to each other and performing operation in separately. Finance department is veryimportant to control their cost, annual budget etc. other hand production department is useful themanufacturing a product. It is stores the detail of raw material are used for the manufacture. They are promoting anew product in market with the help of marketing team. They can explore their product in themarket. Digital marketing is a new approach to share the detail on the internet because most ofthe customer are directly interacted to the e-commerce site. This website is collected theinformation regarding and product (Bocken, 2014). It is the way to represent their product on theinternet. In this way, they are identified that each department has some specific role to performsome operation in accurately. All the department are inter-related to each other and they aremaking a strong relationship between departments.2
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