Analysis of Business Environment and Strategies for Growth

This report provides an analysis of the global business environment, highlighting sectors that will struggle and prosper over the next 12 months. It also offers insights on legal structures, market analysis, and HMRC duties. The report concludes with an email providing guidance on business strategies. The subject is BM461 Global Business Environment, and the course code is not mentioned. The report is relevant for students pursuing business management courses in any college or university.

BM461 Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
COURSEWORK 2A)......................................................................................................................3
Consumer confidence..................................................................................................................3
Business sectors that will Struggle over the next 12 Months......................................................3
Business sectors that will Prosper over the next 12 Months.......................................................4
Amateur investor.........................................................................................................................4
COURSEWORK 2B)......................................................................................................................5
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................1

INTRODUCTION
The business environment in an organisation is defined by the set of activities as well as the
decision-making criteria that will bring about the external as well as internal factors into an
analysis. This is to make sure that the organisation is moving ahead in terms of growth prospects
such that its presence in the global level can be gratified (Cherunilam, 2021). The Global
Business Environment will be made prominent if and only if the organisation is evaluating its
internal as well as external activities and that would contribute for companies’ growth prospects.
The report highlights the fact of business environment in different sector and how far certain
businesses are able to prosper and some will be facing challenges were all discussed.
COURSEWORK 2A)
Consumer confidence
The consumer confidence stands as an economic indicator that will also deal with the measure of
optimism that is brought forth with respect to the perspective of consumers. The financial
situation of the organisation is entirely dependent upon the consumer confidence and that is also
one of the orientations that is necessary for companies around in order to aim for success. This
consumer confidence is important in order to plan the actions of the organisation depending upon
how far the consumers will be able to deal with.
Business sectors that will Struggle over the next 12 Months
Businesses around will see an abrupt struggle as well as a rise in their graph with respect to their
operations based on the market perception (Hrechyshkina and Samakhavets, 2019). In this regard
the sectors that would often get through the troublesome period for the struggle that are oriented
would usually be financial and business services sector. There has been a tremendous growth
prospect with respect to financial and business services at there has been a struggle that is
oriented with this particular sector where they are accountable for different strategies that are
brought forth with respect to the damage of the industry. Lack of skilled workforce into the
organisation is leading to rapid downfall that is bringing about a different deficit that are oriented
with the particular industry. There are certain workers that have withdrawn their positions with
respect to the financial and business services and therefore the report would eventually suggest a
10 million downfall in the number of people that are working in this particular factor. There are
several priority better put forth with respect to the struggle that is being faced by this particular
factor which is also the economy of the country that is brought forth with respect to certain

implications (Nudurupati and et.al, 2021). It has hit so hard that it has undergone one of the
toughest periods that it will have to and also realise the economic implications that have fell
apart. The economic standard will have to be maintained in a better orientation and with a
precise context that will bring about profitable entities that are necessary for the sector to
flourish. The organisations that are working in this particular sector work also seeing a downfall
in their business graph and that is one of the biggest entities for its to struggle over the next 12
months period. In case of pandemic this particular sector is the one that will see a deficit in the
area revenue as well as the growth prospects and therefore the struggle is real.
Business sectors that will Prosper over the next 12 Months
There are several business sectors that will prosper with respect to the ideologies as well as the
pace of development. In this regard considering the retailing sector which is one of the biggest
out of all types will eventually prosper with respect to the coming months because of the
statistical analysis as well as the growth requirements. It is also one of the basic necessities that
the sector is dealing with respect to the needs as well as a domestic orientation of people and
their for this particular sector will see a prosperous result that is oriented in the coming months.
Considering the example of Tesco where the wide range of products as well as groceries are
being character to people around the based on their need and also their perceptions (Hamilton
and Webster, 2018). There has been a tremendous importance that is being provided to the
products as well as groceries and has also seen a rise in the customer base. The online transaction
that are being tackled by Tesco company provided means of approach for customers in order to
get in touch with the online resources that brought about a huge commencement towards the
organisational growth. The business sector can events only get the best garnered customer base
that would highlight the potential up to which it can move ahead in satisfying their needs.
Irrespective of any pandemic that hit the entire country the groceries will stand as a major
importance and therefore the organisations would eventually move ahead in contributing for the
betterment of serving needs of people.
Amateur investor
The composition of dates that are put forth with respect to FTSE would often deal with the
business life cycle model which indicate certain stages for a business. The start of state which is
known to be the onset of business which will help to identify its assumptions as well as the gases
that are put forth with respect to the orientation (Khajeheian and et.al, 2018). The growth stage is

a when the appropriate Business models are usually put forth followed by the maturity stage that
will help the organisation in order to get stabilized. The renewable stage is an absolute stage
where it gets its formulations and help to identify the market changes that will have to be coped
up.
COURSEWORK 2B)
Dear xxxx
It is so good to write to you after ages and I guess things are going right on your side. I would
like to ensure the fact that I am coming up with information that is essential for you to move
ahead with your business idea ologies that you are going to start.
Firstly I would want to extend my heartfelt gratitude for your ideas as well as ideologies that you
are incorporating in order to make sure that your business comes into existence. For this I would
like to give a set of points that would help you to get through the circumstances with the finest
information possible. Starting off with illegal structures that are useful for business I would like
to entitle the two major legal structures that will be helpful (You and et.al, 2019). The sole
proprietorship is one of the important legal structures that is eventually run by an individual
itself. There will not be any partners or any other person included in these particular aspects and
since it is going to be a Start-up which is oriented with the minimum resources the sole
proprietorship is necessary in order to make sure that all the legal actions are put forth and into
existence. There will not be any distinction between various formulations that are incorporated
because the sole proprietorship will avoid confusion and can help to Limit resources to the level
of understanding situations and less and until it gets through different stages of business life
cycle.
General partnership is another legal structure that will put forth with respect to the identification
of business. The general partnership is when the business is going to have to owner and it is
being run by various ideologies that are being put forth by the two owners. This might
sometimes lead to confusion at the financial assistance would be beneficial for the organisation
to grow more in terms of maintaining a particular trajectory. The resources that are Limited as a
part of the business development can be enriched with respect to general partnership but the
differences that are put forth with respect to partnership will have to be understood to avoid
conflicts. According to your business idea ology I would suggest the fact that the sole
proprietorship will be beneficial for the business that you are planning to take up. This is because

the limited resources would often help your organisation to grow more in terms of attaining the
possible results and later It can develop its space by including many people around. Since the
demand in the market is high and also the resources are costly there for the sole proprietorship
will be helpful and letting you start with the business model.
Coming to the market structures I want to bring about a clear explanation regarding the different
market structures that are usually put forth with respect to the market analysis. The monopolistic
competition is the one where the scenario usually occurs in Real world (Nikitina and Lapiņa,
2019). The real world usually deals with the monopolistic competition where there are certain
sellers as well as buyers that are brought forth with a slight differentiation in regard to Products.
The porter's five forces will bring in the five essential components that are needed for the
organisation in order to identify the external devices and will have to be able to deal with it. In
this regard the different forces that are in the porter's five forces include bargaining power of
buyers bargaining power of suppliers threat of new entrants threat of substitutes and rivalry
among competitors. All these five Porter forces would eventually help in analysing the business
atmosphere and can also help in identifying the simple Framework that are to be positioned and
regarded to be evaluated. The competitive strength can be honoured with respect to the porter's
five forces analysis and the difficulties that are pertaining in the business world can therefore be
able to overcome.
This is much of a business orientation and before concluding I would like to bring forth the
HMRC important duties that are the essential considerations in order to deal with the taxation
policies as well as the product strategies. While dealing with product it is first essential to deal
with the VAT criteria that is included over simple payable means. The taxation policy will have
to be evaluated at all means and this would eventually deal with the government regulations
therefore while starting a business it is always an essential factor to deal with the HMRC
important duties.
CONCLUSION
The report concludes up on identifying the aspects of business environment. Through this report
one can easily understand the different set of regulations that are put forth in order to make sure
that a perfect understanding of the business orientation is brought about. A critical analysis that
is ported over the organisations that are struggling and also will prosper over the next 12 months

is explained in this report. A probable analysis through email which can be helpful to guide
people regarding the business strategies is being explained in this report.

REFERENCES
Books and journals
Cherunilam, 2021. Business environment. Himalaya Publishing House Pvt. Ltd.
Hamilton and Webster, 2018. The international business environment. Oxford University Press.
Hrechyshkina and Samakhavets, 2019. Changing business environment in Belarus. Journal of
Geography, Politics and Society. 9(1). pp.1-11.
Khajeheian and et.al, 2018. An introduction to competitiveness in fast changing business
environment. In Competitiveness in emerging markets (pp. 3-11). Springer, Cham.
Nikitina and Lapiņa, 2019. Creating and managing knowledge towards managerial competence
development in contemporary business environment. Knowledge Management Research &
Practice. 17(1). pp.96-107.
Nudurupati and et.al, 2021. Impact of the changing business environment on performance
measurement and management practices. International Journal of Production Economics.
232. p.107942.
You and et.al, 2019. Bridging technology divide to improve business environment: Insights from
African nations. Journal of Business Research. 97. pp.268-280.
Online
Business environment, 2021: [Online]. Available through: < Business Environment – Definition,
Components, & Features | Feedough >
1

2