Impact of Policies on Travel, Competition or Aviation on British Airways

Business Environment

Table of Contents
INTRODUCTION ...............................................................................................................................4
TASK 1.................................................................................................................................................4
AC 1.1 Purposes of different types of organisations and BA's mission and vision.........................4
AC 1.2 Key stakeholders of BA and their objectives.....................................................................5
AC 1.3 Responsibilities of an organisation and response of BA towards these responsibilities....5
AC 2.1Eonomic systems that attempt to allocate resources effectively .........................................6
AC 2.2 Challenges due to fiscal and monetary policies on business environment faced by BA...6
AC 2.3 Impact of regulatory, competition policies and legal changes by BA................................7
TASK 2.................................................................................................................................................7
AC 3.1 Impact on pricing and demand for airline seats due to market structure............................7
AC 3.2 Interplay of different players and market forces shape organisational responses..............8
LO 3.3 Impact of working practices and cultures of the countries on BA......................................8
AC 4.1 Impact of global changes in trade regime caused by organisations on BA.........................8
AC 4.2 Impact of other global factors, including policies/regulations of government on BA.......9
AC 4.3 Impact of policies on travel, competition or aviation on British Airways.........................9
CONCLUSION..................................................................................................................................10
References...........................................................................................................................................11

INTRODUCTION
Business Environment affects the working and operation's of business in many way. There
are various factors that affects the environment of enterprise such as business policies, customers,
suppliers, changes in market, laws, policies, rules and regulations, etc. Some of these factors are
controllable like internal factors but some are not such as external factors.
British Airways (BA) is taken in this research for explaining various purpose of organisations,
nature of country's environment where enterprise runs, behaviour of organisations towards market
environment. With these topics, it also contain information related to the impacts of global factors
on business environment and how they help companies in shaping their activities. In the final satge,
the whole research is concluded in the form of summary.
TASK 1
AC 1.1 Purposes of different types of organisations and BA's mission and vision
Every organisation has their own purpose for starting any kind of business. Various types of
organisations are explained below with their purposes.
 Sole Trader: It is also called as sole proprietorship or only proprietorship. The owner of this
type of companies are single. Example are Kurt Geiger, Marks and Spencer, etc
 Partnerships: The organisation in which partners (two or more than two persons) operates
and manage it is called as partnership. Example are: Twitter, Apple Inc, etc (Siewiorek,
Saarinen, Lainema and Lehtinen, 2012).
 Franchising: It is a method in which many different owners shares common business brand
or model name through a licensing relationship. Example are: Kare Plus, tutor doctor, bata
shoes, etc (Franchise Direct. 2015).
British Airways (BA) is a flag carrier airline along with largest airline as per the fleet size in
UK. BA has its mission, vision and objectives which are as follow.
 Mission: The mission statment of BA is to become exclusive and first choice airline for
passengers. Along with this, to make travellers to feel confident while flying.
 Vision: The vision of BA is to provide innovative and prime services to the travellers which
make them to select BA as their first choice (Identify heralds a new vision at British
Airways. 1997).
 Objectives: Short term objectives are to maintain trust and loyalty with its regular
passengers and maintaining good relations with them by offering services of their choice.