Business Environment

2000 words for task 1 and 2 and 1000 words for powerpoint presentation(task 3 and 4)

Business and Business
Environment
TASK3 and 4

COVER CONTENT
• Introduction
• PESTLE Analysis
• SWOT Analysis
• Conclusion
• References

Business environment

INTRODUCTION
Business environment define as a combination of
external as and internal factors that effects a firm
operating condition. It can include different parts such
as suppliers, clients, owners, competition etc.

Interrelationship between SWOT Analysis and
external factor
There is high interdependency between companies in
internal and external environment. NATWEST two
major strengths are that it has high growth rate and
gets labour at reduced cost.

PESTLE Analysis
 Political Factor
 Environment Factor
 Social Factor
 Technological Factor
 Legal Factor
 Economic Factor

SWOT Analysis
Strength Weaknesses
 High growth rate
 Decreased labour cost
 Skilled workforce
 Market entry barrios
Future cost structure
Lack of financial resources
Opportunities Threats
Innovative market place
New Acquisitions
New services and product
Lower profitability and Growing completions
Price modifications

CONCLUSION
From the above report, it can be determined as that
business environment is very essential part which is
includes micro and macro factors. In this file, there
are different kinds of organisations such as private,
public and voluntary and their legal structure.

REFERENCES
Cantwell, J., Dunning, J. H. and Lundan, S. M.,
2010. An evolutionary approach to understanding
international business activity: The co-evolution
of MNEs and the institutional environment.
Journal of International Business Studies. 41(4).
pp.567-586.
Carroll, A. B. and Shabana, K. M., 2010. The
business case for corporate social responsibility:
A review of concepts, research and practice.
International journal of management reviews.
12(1). pp.85-105.

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