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Business environment of different types of organization

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Added on  2019-12-18

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Business Environment TABLE OF CONTENT INTRODUCTION 4 TASK 1 4 1.1 Purpose of different types of organization 4 1.2 Extent to meet with stakeholder objectives 5 1.3 Responsibility of Primark towards stakeholder 6 TASK 2 6 2.1 Different economy system 6 2.2 Impact of fiscal and monetary policy on farming and housing 7 2.3 Competition policies for operate effective functions 7 TASK 3 7 3.1 Market Structure and Determination of Price and Output decision 7 3.2 Market Force and Response of Primark 8 3.3 of Primark towards their business and cultural environment 9

Business environment of different types of organization

   Added on 2019-12-18

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Business Environment
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TABLE OF CONTENTINTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................41.1 Purpose of different types of organization.............................................................................41.2 Extent to meet with stakeholder objectives...........................................................................51.3 Responsibility of Primark towards stakeholder.....................................................................6TASK 2............................................................................................................................................62.1 Different economy system.....................................................................................................62.2 Impact of fiscal and monetary policy on farming and housing.............................................72.3 Competition policies for operate effective functions.............................................................7TASK 3............................................................................................................................................73.1 Market Structure and Determination of Price and Output decision......................................73.2 Market Force and Response of Primark................................................................................83.3 Behaviour of Primark towards their business and cultural environment...............................9TASK 4............................................................................................................................................94.1 Significance of International Trade to Primark.....................................................................94.2 Impact of global factors on Primark......................................................................................94.3 Impact of European Union (EU) policies on Primark.........................................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12
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INTRODUCTIONBusiness environment is composed of those activities that are either being performed bythe individual set of employee’s or group of individuals with a pivotal goal of generatingconsiderable profits and revenues. These undertakings are usually outlined as the carriedprocedurals of business along with the operations that are being executed by the appointed set ofpersonnel’s in an organisation. Wherein, the business environment is together impacted by variedinfluences that involve both internal and external environmental factors (Babatunde and Adebisi,2012). It however represents such business situations that are based upon their distinctinstitutional, legal, political and economic rules that are riotous in nature and affects the intendedgoals of the enterprise. The below report has together depicted the business environment ofPrimark that is a well-recognised establishment of UK and is a subsidiary entity of AssociatedBritish Foods (ABF). Into which, it has also discoursed upon varied prospects of businessenvironment that is being referred by Primark. It is with a vital aim of providing a primeunderstanding about the factual environment of the firm that in turn impact upon theirundertaken decisions of their business.TASK 11.1 Purpose of different types of organizationEvery business pursue different purpose to operate their functions. In this context, eachorganization conduct policies and regulations at workplace through, they can achieve goals andobjectives. Purpose are frame for achieve targets and effective functions (Gurjar and Rathore,2013). Primark operate functions privately in different part of the nation. There are different typesof business pursue objectives and goals. They are as follows:Public company: In order to achieve business objectives these types of organization frameoperations for public. They are determine share in public so that general people have benefitsthrough enterprise outcomes. In respect to this, Sainsbury is operating their functions as public toenhance profits at workplace (Beamish and Lupton, 2016).
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