Business and the Business Environment

Hi, this is indivudual report and PowerPoint presentation. Need to have 2500 words. The topic should be about a manufacturing company. Should cover P1, P2, P5 and P6. LO3 and LO4 is a presentation. Please use harvard referencing system. Do not exceed the similarity limit 20 %.

BUSINESS AND BUSINESS
ENVIRONMENT
LO 3 AND 4

Table of Content
 Introduction
 Main body
 Conclusion

Introduction
 Business environment is collection of certain elements like political, economic and other that affect
decision making and other practices of companies.
 The presentation will define positive and negative impacts of macro environment has upon venture
operations and analysis of external & internal environment in the context of chose firm.
 Lastly, the presentation will clarify how strengths and weakness interrelate with external macro factors.

Identifying negative & positive impacts of macro environment upon venture
operations
 Political factor- Political stability
 Economic factor- Unemployment rate
 Social factor- Current market trend
 Technology factor- technology advancement
 Legal factor- change in customer safety laws
 Environment factor- demand for carbon foot print

Conducting internal & external analysis of General Motors to determine
weaknesses and strengths
 Strengths- Skilled employees and Innovation adoption
 Weaknesses- Lack of management and Lack of diversification
 Opportunities- Technology advancement and Diversify portfolio
 Threats- Intense competition and pandemic

Explaining how strengths & weaknesses interconnected with external macro
factors
 A strength of General Motors and its weakness may interrelate with external elements because just like
these, they may also affect brand productivity and profitability.
 For example, in term of interconnection, organization may utilize its power or strength such as skilled
workforce to overcome the negative impact on social, legal and other factors.
 It may support to increase performance of business and allow it to grow continually without facing any
negative affect for so long.

Impact of both micro and macro factors have upon business objectives and
decision making in General Motors
 Strengths, weaknesses, threats, opportunities, political, social, economic, technology,
environmental and legal in term of macro and micro may put positive impact on business
aim as well as decision making, when each of them in favor of organizational success
within automotive sector.

Conclusion
 On the basis of above discussion, it has been determined that organization has overcome
the negative impact on certain factors or macro environment by taking action according to
situations.
 It has utilized its strength to overcome weakness and grab current business growth
opportunities that helped to increased organizational productivity.

References
 Numfor, S.A. and et.al., 2021. A Review of Challenges and Opportunities for End-of-Life
Vehicle Recycling in Developing Countries and Emerging Economies: A SWOT Analysis.
Sustainability. 13(9). p.4918.
 Yadav, R., Kumar, A. and Sonawaney, V., 2020. Navigating Through Turbulent Times:
Suggestions for the Automotive Industry. Psychology and Education Journal. 57(9).
pp.4712-4726.