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Business Environment Assignment (Britvic PLC)

   

Added on  2020-12-24

12 Pages3034 Words342 Views
Business Environment
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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Demonstrate an understanding about different types of innovation & technology ................1Practical examples of innovation and technology to contributed in the economic growth.........22. New technology are being used in Britvic Plc.........................................................................3Compare sales and profit of the company before and after the new technologies......................3Findings........................................................................................................................................4TASK 2 ...........................................................................................................................................51 Demonstrate an understanding of corporate governance .........................................................52. Explanations of Archie Carroll's Pyramid of CSR which involves economic, legal, ethical,and philanthropic responsibility .................................................................................................6CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
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INTRODUCTIONBusiness environment consists of the external and internal factors which influence thebusiness operations. It involves suppliers, clients owners, competitors, laws and compliances,market trend etc. For the organisation it is important to analyse the factors of businessenvironment so that it can smoothly run its business activities. To better understand this conceptBritvic PLC has been selected for first task and it is the producer of soft drink in UnitedKingdom and G4S PLC has been selected for second task which is a British multinationalsecurity service company. In this report, there are various topics are covered such as: defineinnovation and technology, how it contributes to the economic growth and compare the sales &profits of organisation before or after the new technology introduction. Apart from this it alsodiscuss about corporate governance, responsibilities of board of directors and to discuss the fourareas of CSR which is identified by Archie Carroll. TASK 11. Demonstrate an understanding about different types of innovation & technology Innovation – It is the process of translating an idea or creativity in the reference of goodsand services which can develop value or for which customer will pay. Innovation represented tointroducing and applying new ideas or methods. The particular definition of technology definedthat there are including different types of activities to uncover new ways to do things. Some timeit can create confusion regarding to act of making, inventing and producing something. Technology – The purposeful application of information in the context of production,design, utilization of goods and services and in the business of human activities. It is a body ofknowledge which is taking in broad way. The meaning of technology consider according to theirscenario and it is dedicated as creating tools, processing actions and the extracting of materials.In science it can use an application which is find out solution of all problems (Hallward-Driemeier and Pritchett, 2015).1
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