Business Environment - Aurecon Group Pty Ltd Assignment

Running head: MANAGEMENT
Management
University Name
Student Name
Authors’ Note

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MANAGEMENT
Table of Contents
Introduction................................................................................................................................3
Research Question......................................................................................................................3
Problem definition......................................................................................................................3
Conclusion................................................................................................................................11
Feedback Response..................................................................................................................11
Reference:................................................................................................................................13

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MANAGEMENT
Introduction
There are several challenges encountered by firms in today’s fast paced business
environment, globally oriented markets of today’s world. In this connection it can be said that
one of the major challenges as well as one of the hardest challenges to solve is necessarily the
way to effectively handle varied functions of a specific business without micro managing and
creating excessive delays else wise conflicts within the business environment of the
corporation. The current study intends to identify the management challenges with special
orientation to the operations of the corporation Aurecon Singapore, problems and gaps, and
the effect of organization structure, processes to attain alignment to specific visions as well as
mission. In actual fact, Aurecon Group Pty Ltd is essentially a public corporation that is
ranked number 422 out of 2000 corporations located in Australia.
Research Question
The research questions that can be framed for the study include the following:
- How can Aurecon Singapore enhance their structure of organisation, organization
systems as well as procedures to attain alignment with company’s vision and mission?
Problem definition
Gaps: The gaps can be identified using PESTLE and SWOT analysis of the operations of the
corporation.
Political Factors: In this particular case, the political risk encountered in Singapore is
considerably low. In actual fact, Political and Economic Risk Consultancy (PERC) mentions
that the nation enjoys low political risk in the entire continent. These days stability has

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MANAGEMENTtransformed to peace and an improved standard of living. Furthermore, it has transformed
into enhanced business opportunities of the firm (Armstrong et al. 2015)
Economic Factors: Aurecon Group operates in a vibrant free market that is developing at an
extremely fast speed. Essentially, the nation’s per capita earning is considered to be the
highest in particularly ASEAN. This is a corruption free environment that upholds the entire
business sector and is said to be among the most competitive nations. Essentially, the
educated as well as motivated employees can help in strengthening the same (Keller and
Kotler 2016). Particularly, legal together with financial business structure also supports the
business sector. However, there are certain constraints on economic performance of the
nation Singapore, namely,
Shortages of labour
Increasing costs of labour
Decrease in overall productivity (Sheth and Sisodia 2015)
Social Factors:
Socially, the nation Singapore is just like any other Eastern nation and this follows traditional
family values. Essentially, it is true that the younger generation has the inclination to pursue
western culture along with values. Particularly, the residents of this nation also work hard and
satisfy materialism desire. Thus, it can be said that business sector such as Aurecon Group
can expect greater purchasing power level. In addition to this, reports recommend that
majority of Singaporeans abhor blue collar jobs such as construction (Chernev 2018). In
essence, overall literacy rate in the nation is extremely high. This too aids to attract
worldwide trade along with foreign investment.
Technological Factors: