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Analysis of Business Environment and Strategies for Growth

   

Added on  2023-06-14

9 Pages2154 Words125 Views
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

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