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BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11

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Added on  2020-06-06

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BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 1.1 According to the structures the purposes of different types of organisation 1 1.2 Responsibilities towards different stakeholders2 1.3 Responsibilities and strategies employed to fulfil them 3 TASK 24 2.1 Economic systems and allocations resources 4 2.2 Impact of fiscal and monetary policy on an organisation5 2.3 Impact of competition policy 5 TASK 36 3.1 Market structures 6 3.2 Market forces7 3.3 Business and cultural environments in shaping behaviour of organisation 8 TASK 49 4.1 Significance of international trade

BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11

   Added on 2020-06-06

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Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11.1 According to the structures the purposes of different types of organisation....................11.2 Responsibilities towards different stakeholders...............................................................21.3 Responsibilities and strategies employed to fulfil them..................................................3TASK 2............................................................................................................................................42.1 Economic systems and allocations resources...................................................................42.2 Impact of fiscal and monetary policy on an organisation.................................................52.3 Impact of competition policy............................................................................................5TASK 3............................................................................................................................................63.1 Market structures..............................................................................................................63.2 Market forces....................................................................................................................73.3 Business and cultural environments in shaping behaviour of organisation.....................8TASK 4............................................................................................................................................94.1 Significance of international trade....................................................................................94.2 Impact of global factors....................................................................................................94.3 Impact of European Union EU policies..........................................................................10CONCLUSION..............................................................................................................................10REFERENCES..............................................................................................................................12
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INTRODUCTION“The nature of the global business environment guarantees that no matter how hard wework to create a stable and healthy organisation, our organisation will continue to experiencedramatic changes far beyond our control”. This document justifies importance of a businessenvironment in which it operates. As we know there are various internal and external factorswhich directly or indirectly affects business of a firm. So this study signifies role of those facts ininfluencing decision-making of an organisation. Environment is the key point for everyonewhether it is a public sector, private sector or governments organisations each one them areaffected by it. This justification is in context of NESTLE'S environmental measures which gavebirth to NEMS(Nestle Environmental Management System) in 1996. This research also dwellthat protecting surroundings is first and foremost responsibility of business.TASK 11.1 According to the structures the purposes of different types of organisationNestle have a big and diversified structure in which it operates. As the company consistof many products which it deals in it is a result of this that system comprises of a very hugecomposition to manage the administration (Burke, 2017). There are several kind of set ups bywhich Nestle operates its business. They help company to reach out customers for sellingproducts which are manufactured by it. Various way are listed below:1
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It operates business through Sole Proprietorship. Some people who wanted to dobusiness on their own have this kind of organization. This liberates owner to takedecision for business on its own. Nestle have taken assistant from various sole operatorsto sell its product in market. Like- Kitkat in every retail store, Nestea selling on storesetc.Nestle have Partnership with various business firms. It means selling the products byvarious partners to reach out customers. Workload is minimised when there ispartnership. So this is used by organisation to improve the services and workingeffectiveness.The firm wholly and independently operates as a Company which means that it consist ofvarious shareholders who are investing in its business. This helps Nestle to have funds,suggestions, supports etc. Objective of a company is to develop performance of acontract, safety of employees at work, flexibility, training, improves customer services,market share is increased, sales and so on(Commander, 2011). Collectively by all employees these are achieved because acompany operates as a team. Above are types of organisation that are used by Nestle to have relationship with andoperate business through, to have a support in delivering to its customers in market. 1.2 Responsibilities towards different stakeholdersA company comprises of various stakeholders who are interested in its business. Thereare two type of stakeholders internal and external. Internal stakeholders are employees, owner2
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