Business Environment: Impact of Covid-19 on TUI Group and Role of UK Government's Recovery Plan

Business environment

Table of Contents
INTRODUCTION...........................................................................................................................1
Section 1..........................................................................................................................................1
SECTION 2......................................................................................................................................2
Internal environment affected by impact of Covid-19 ....................................................................2
Impacts of the UK government’s recovery plan on the company internal environment ...............3
SECTION 3......................................................................................................................................3
Impact of Covid – 19 on company micro environment..........................................................3
Impacts of the UK government’s recovery plan on the company micro environment....................4
SECTION 4......................................................................................................................................4
Impacts of STEEPLE factors on companies operation....................................................................4
CONCLUSION................................................................................................................................6
REFERENCES ...............................................................................................................................7

INTRODUCTION
Business environment includes the aggregate total of all employee , external firm and
industries factors which directly or indirectly affect the business organization. The business
environment has two parts that is internal environment and external environment that is also
known as micro and macro environment. The factors with in the organization under which the
firm operates. It is the factors which can affect the organization activities known as internal
business environment or macro business environment which includes the internal producer and
working of employee with in the organisation. Macro environment is refers to as external
environment because it has external factors which includes political, social, demographic,
technological and economic factors. The organization controlled the internal and external
business environment factors which affects the business as well as their production. Some factors
are not controlled by the organization that includes external factors such as legal, ethical and
political factors. Additionally, this project describe the understanding of business environment
and their factors, groups of TUI and impact of covid-19 pandemic. Lastly, the role of UK
government's recovery plan at micro and macro business environment factors (George, 2021).
Section 1
TUI is one of the public largest company of hospitality, travel and tourism group. The
origin of this company lie in the industrial and transportation company. TUI was established in
1923 having headquarter in Hannover and Berlin, Germany. The origin of this company
prevarication in the transportation company. Friedrich Joussen is the CEO of the company and,
Dieter Zetsche is the Chairman of board of supervisory CFO is Sebastian Ebel, Peter Krueger is
the member of executive board strategy, Frank Rosenberger manages the IT team. It was
acquired by Preussage AG (Giagheddu and Papetti, 2020). The aim of TUI groups focus of the
company is to grow faster. TUI group has own travel agencies, merchandise shops, hotels and f
airlines of Europe. TUI company was certified on 9 October 1923 as in mining industry and
integrate with Ruhr coal company in 1972. There are many products which are offered by the
TUI groups includes five European airlines and the group airlines operate both Charter and
scheduled passenger airlines more than 150 destination worldwide, cruise lines which includes
Merella cruises in UK, Tui river cruises, Resorts & TUI's hotels brand that include Blue
premium which focus on local culture, Magic Life that includes all compressive resorts offering
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