Business Environment PDF
From the above report "business and business environment of ASDA", we conclude that the business environment has internal and external factors which directly or indirectly impacts business activities. Public, Private, and also voluntary are different types and purposes of firms that differ from each other in context to scope, size, objective, and structure. Human resource, finance, production, research, and development are various departments that have interrelation and require to function effectively. PESTEL and SWOT analysis of ASDA are techniques used by management to anticipate positive and negative impacts of the macro environment. Along with this, the strengths and weaknesses of the system are also ascertained by seniors to acknowledge its interrelation with external macro factors.