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Business Environment of Iceland Food Ltd : Report

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Added on  2020-07-23

Business Environment of Iceland Food Ltd : Report

   Added on 2020-07-23

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BUSINESS AND THEBUSINESS ENVIRONMENT
Business Environment of Iceland Food Ltd : Report_1
Table of contentsINTRODUCTION.......................................................................................................................................3TASK 1.......................................................................................................................................................3P1 Covered in PPT.......................................................................................................................3P2 Covered in PPT.......................................................................................................................3TASK 2.......................................................................................................................................................5P4 Positive and negative impact of macro environment..............................................................5P5 Internal and external analysis of organization........................................................................7CONCLUSION...........................................................................................................................................8REFERENCES............................................................................................................................................9INTRODUCTION
Business Environment of Iceland Food Ltd : Report_2
Business environment can involve several factors which impacts on working conditionsof an organization. It has two sections such as internal and external having their differentelements that affects operational activities of an enterprise. These are customers, competitors,suppliers, owners, technology, market, social and economic trends. It is important for each andevery organization to take care of various kinds of elements relevant to business environment. Itimpacts on organizational operations in both positive as well as negative manner. It is flexible innature as that it may change or modified as per requirements due to legal norms and markettrends. This report is based on Iceland Food Ltd. which is known as super market chain andprovides frozen food including prepared meals or vegetables. This assignment will discuss aboutdifferent types of organization such as private, public and voluntary along with their legalstructures. Size and scope of various companies and relation of organization function to goalsand objectives will also described. Different types of internal and external factors to determinestrengths and weaknesses of company are given below. TASK 1P1 Covered in PPTP2 Covered in PPTP3 Relation between organizational functions and their link with goals and objectivesThere are various kinds of functions which are carrying out by each and veryorganizations to complete their desired targets or objectives. It is essential for companies to makeeffective as well as efficient strategies or policies to conduct several tasks to generate betteroutputs. Changing trends of market facilitates rapid increase in competition of because manydifferent firms are established in current scenario. Due to facing certain modification in presentsituation, it is necessary to implement several changes into organizational context to competewith several competitive enterprises and make a strong brand image in front of customers. Thismay results to attract new clients along with retaining the current ones to enhance productivity aswell as profitability. There are different departments such as human resource; marketing, financeand many more which are established by Iceland to conduct essential activities and procedures tocreate desirable outcomes. Some of function relevant too these sections are described below.
Business Environment of Iceland Food Ltd : Report_3

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