Business & Business Environment of Apple Inc : Assignment
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Added on 2020-06-06
Business & Business Environment of Apple Inc : Assignment
Added on 2020-06-06
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Business & BusinessEnvironment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and motive of organization...........................................................................1P2 Size and scope of various enterprises....................................................................................4P3 Relationship between different organizational functions and its link with objectives..........5P4 Identify the positive and negative impacts the macro environment has upon businessoperations, supported by specific examples................................................................................6P5 Internal and external analysis of Apple Inc...........................................................................1P6 Explain how strengths and weaknesses interrelate with external macro factors...................2CONCLUSION................................................................................................................................4REFERENCES................................................................................................................................5
INTRODUCTIONCommercial environment is a word which defines impact of internal and external factorson business operations because success of an enterprises are directly or indirectly depend uponthese components. Surrounding plays a very eminent role in attainment of goals because all theresources are acquired by environment only (Bohari, Hin and Fuad, 2017). Apple ismultinational company which is popularize for its unique and innovative products with fullydifferent features. This assignment is classified into two segments for explaining different typesof organization with the help of various examples by highlighting size and scope of selectedinstance. Furthermore, report is going to throw few lights on structure or objectives of applecompany which is consider as a advanced enterprise and influence of various factors on successof an association. Later on assignment also shows positive and negative impact of macroelements as well as its link with internal components because both the factors plays a veryeminent role in attainment of objectives. TASK 1P1 Different types and motive of organizationCorporate world is full of enterprises with different motive and aims as well as distinct inscope because of their size. In competitive market, business undertakings are partitioned intothree classifications, for example, public, private and voluntary area (Boons and Lüdeke-Freund,2013). Furthermore, reason behind establishment of these enterprises are totally different fromeach other such as few companies wanted to earn maximum profit whereas few institutions areset just to raise the living standard of entire society. Hence, full detail about variousorganizations are stated as follows:- Public Sector – Companies which comes under this category is a part of economy whosemain aim is to offers government services to general public. Basically composition of thisdivision is different in countries but in most of the nations it covers military, police,infrastructure like making public roads, bridges, tunnels, water supply etc. In fact services whichare non payable is also consider under this like street lightening. Furthermore, major purpose ofpublic sector is to provide basic benefits to entire society rather than just an individual becausegovernment make plans or strategies for development of overall nation (Bryman and Bell, 2015).Additionally, few companies of public sector are funded by governing bodies. Thus, there are1
number of companies are present which are publicly owned for example BBC one of a oldestmedia enterprise whose main purpose is to provide essential information to customers. Organization data (Name, Headquarters): -BBC is an openly claimed undertaking thatis situated in London, United Kingdom. It is the most experienced media house across nationalboundaries. The income of organization is 4 billion pounds (Carroll and Shabana, 2010). Legitimate Status:- The telecom organization is an openly possessed association whichwas established on royal charter. Year set up:- The organization was built up in 1922. Products, services and administrations offered:- The fundamental exercises that aredirected by the BBC are identified with media and broadcasting. It offers its shows around theworld. Private sector – Such sort of associations are set up with a specific end goal to pick upbenefits from advertise. As of late, there are numerous privately owned businesses are set up inworldwide market. Chiefs of private business associations are giving their items to clientskeeping in mind the end goal to broaden their market region. Moreover, privately ownedbusinesses can give openings for work to individuals of UK ; then it is additionally useful tobuilds the per capita wage and GDP rate of the country. They are in charge of monetarydevelopment and improvement of the nation, it is required for business associations to satisfyevery single lawful law and directions appropriately (Casadesus-Masanell and Ricart, 2010).There are numerous of ways of owning a firm which is explained as follows:- Sole trader:- Firm which is owned by single individual are comes under this categorywhich means profit and losses are shared by owner of the person. Partnership:- Business which is run by group of two or multiple partners and all thelosses or profits are bear by every shareholders. Organization data (Name, Headquarters):- HSBC is British multinational bank thatdepends on London, England. It is a world seventh biggest bank as far as resources and isthought to be biggest in Europe with an advantages of US$ 2.375 trillion. The organization havemore than 38 million clients who utilize its administrations crosswise over globe. It is working inthe managing an account and money related administrations (Crane and Matten, 2016). Legitimate Status:- Bank is a private substance that is the second biggest recordedorganization on London Stock Exchange. 2
Year set up:- Bank was set up in 1865 in any case, it was built up in its present frame in1991 by The Hong Kong and Shanghai Banking Corporation Ltd. Name of exercises, goods and services offered:- There are distinctive exercises that areembraced by bank (Dong-mei and Xing-hua, 2011). List of exercises and items oradministrations offered by bank are as per the following: Riches administration Retail bankingCommercial. Worldwide banking. Worldwide private banking. Voluntary sector– Charities and non-benefit associations comes under this enterprisebecause their main motive is to fulfils the basic needs of beggars and needed people. In factvoluntary segment established different associations for social welfare and it also known as thirdsector. In UK, there are number of institutions are available whose main aim is to develop theentire society or community by introducing various programmes. Associations which go under involuntary division are produced for social reason as it were. Its prime point is to give qualityitems and administrations to clients at low costs (Drucker, 2017). The area works for bring downsegment of the general public so they can likewise enhance their expectation for everydaycomforts. Alongside this, deliberate segments can expand their assets from beneficent trusts,people, coordinate gatherings and government offices for covering their everything costs. Theassociation has various partners i.e. funders, volunteers, recipients, trueness, staff, accomplicesand so on.Development and improvement of global business association: - The term global business, relates with each one of those business exercises which areengaged with exchanges of good and administrations among at least two nations. Worldwidebusiness condition contains every single business association i.e. public, private and voluntary.In current world, universal markets are developing quickly with a specific end goal to pick upbenefits from have nation. Many organizations which have unprecedented procedures ofadvancement with which they can appreciate centre competency (Elliot, 2011). Alongside this, itis additionally available for development of many organizations by giving them new business3
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