Business Environment and Ethics: Analysis of Contemporary Research, Aldi's Business Model, and HR's Role in Business Management

Business

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
TASK 1............................................................................................................................................3
Contemporary research...............................................................................................................3
TASK 2............................................................................................................................................4
Aldi..............................................................................................................................................4
TASK 3............................................................................................................................................5
Business Ethics............................................................................................................................5
TASK 4............................................................................................................................................6
Class discussion..........................................................................................................................6
CONCLUSION................................................................................................................................7
REFERENCES:...............................................................................................................................8
Books and Journals.....................................................................................................................8
Online..........................................................................................................................................8

INTRODUCTION
Business environment is dynamic and there are certain changes that take place in the
market. It is necessary to check the external environment and use the same for the success of
business organisation (Ritter and Pedersen, 2020). This report is based on portfolio that has
discussion related to different situations.
MAIN BODY
TASK 1
Contemporary research
Food shortages hitting Britons more than many in EU, poll finds
There were challenge related shortage of food seen in Britons. This shortage was due to
global supply chain problems that were being prompted due to pandemic. The lock down
situation around the world made it difficult to supply the products and services to the customers.
The problem was faced worldwide and causes issues for the customers. The situation was worse
in UK. There was scarcity of food products being observed in and the personal issues also raised.
The major cause of this shortage is Covid-19 pandemic. The article was published in newspaper
named as The Guardian. There were issues in supply chain management due to Covid-19. The
trade barriers were being examined and the business organisation and even the big supermarkets
were unable to get the basic food products (Food shortages hitting Britons more than many in
EU, poll finds, 2021). In such situations the business organisations must analyse the external
environment. There is need to take precautionary actions in the starting. They must not provide
the option of stock piling to the customers. By taking effective measures the supply chain can be
managed.
Coronavirus measures could cause global food shortage, UN warns
Covid-19 pandemic has direct impact on the food and its shortage. It caused the situation
of crisis for the people. The employees were not ready to work at the time of pandemic as they
were worried about their health. The measures taken by government were also there to restrict
the flow of products. The cases were rising and the focus of government was to keep the people
safe and healthy. This caused issues for the grocery stores as they were not able to fulfil the
demand of customers. The major cause of the problem was the situation of pandemic
(Coronavirus measures could cause global food shortage, UN warns, 2020). The measures that

can be taken are regarding supply chain management. There must be proper safety actions taken
by the organisation. First of all, employees were not ready to work in such situation. So, the
employees must be provided safe working environment and the situation that they can make
them trust the organisation. If the employees will be able to carry on the work properly the
process of production can be managed. The use of proper sanitising facility and making the mask
compulsory can help to deal with the situations. All the employees must be vaccinated so that the
products manufactured by them are also safe. By taking right measures and actions, the business
organisation is able to manage the problem and overcome the situation. The customers must also
understand the situation and use the products wisely.
TASK 2
Aldi
The use of business model used by Aldi and similar stores will work for other industries?
The business organisations work on selling their own exclusive products at their stores. It
makes the company to enhance the brand image in the market and satisfy the customers. The
advantage is related to loyal customers being part of the company (Geissdoerfer and et.al., 2020).
The customers start relying on the exclusive products that are offered by the company and it
helps them to serve the requirement of customers. This is instance of retail sector and they are
able to operate effectively by using this model.
In regard to hospitality industry, the hotels also take the products from local vendors. All
the products that are provided to the customers are not the sole products being manufactured by
the hotel. The food and beverages provided are in some scenarios provided by other retailers.
The business model can be used by hospitality industry as well. They will be able to retain the
customers better by maintain the quality of products that are provided. It will help them to
enhance customer experience and they will not rely on others for the products. It is examined
that by managing all the products and service hospitality industry would be able to carry on the
work in effective manner (Kumar and et.al., 2020). The use of this model can be done by other
industries as they will become self reliant and able to manage the work properly.
List the sacrifices customers make in order to have access to this shopping experience?
The customers are important stakeholders of a company. The stores such as Aldi, provide
their own products and provide the same to the customers. This is beneficial for the company as