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Business Environment Future Trends

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Added on  2021-06-14

Business Environment Future Trends

   Added on 2021-06-14

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Running Head: FUTURE TRENDS 0Business Environment:Trends for the Future
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FUTURE TRENDS 1ContentsIntroduction...........................................................................................................................................2Company overview................................................................................................................................2Analysis.................................................................................................................................................2Social environment................................................................................................................................2Recommendation...................................................................................................................................3Conclusion.............................................................................................................................................4References.............................................................................................................................................5
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FUTURE TRENDS 2IntroductionFor every business it is important to interact and transact with environment because thebusiness environment has direct relationship with the business. The failure and success ofbusiness primarily depends on its effective environment (Zaidi, 2017).The policiesestablished by the company are always affected by its environment. Environment putsseveral limitations on the company which put huge impact and influence on the direction andscope of the company Company overviewBurberry Group is a luxury fashion house which focuses on readymade outerwear,sunglasses, cosmetics, fashion accessories and fragrances. Burberry was established byThomas Burberry in 1856. The company has more than 500 stores that operate in more than20 countries. The company is listed on the London Stock Exchange. It considered as the 98thmost valuable brand globally. The target audience for the company is people who involve inactivities like hunting, tennis, mountaineering, archery, skiing and golf (Burberry, 2018).AnalysisThe business of Burberry is affected by different factors which include economic, legal,technological, political and social factors. Among these factors some effect business directlyand some indirectly. The business environment is divided into three categories: internal,operational and external environment (PayPerVids, 2016).
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