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Macro Environment in Business Operations

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Added on  2020-06-05

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BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1) Covered in Ppt 1 P2 Covered in Ppt 1 TAKS 21 P3) Explaining Relations between different organisational purpose, their link with structures and objectives. TASK 1 1 P1) Covered in Ppt 2 P2 Covered in Ppt | TAKS 2 1 P3) Explaining Relations between different organisational purpose, their link with structures and objectives.

Macro Environment in Business Operations

   Added on 2020-06-05

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BUSINESS ENVIRONMENT
Macro Environment in Business Operations_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P1) Covered in Ppt..................................................................................................................1P2 Covered in Ppt .................................................................................................................1TAKS 2 ...........................................................................................................................................1P3) Explaining Relations between different organisational purpose, their link with structuresand objectives.........................................................................................................................1P4) Evaluating negative and positive impact of Macro environment on business operations3P5) External and internal analysis to determine strengths and weaknesses ..........................5P6 Relation of strength and weakness with external macro factors.......................................7CONCLUSION...............................................................................................................................9REFERENCES .............................................................................................................................11
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INTRODUCTIONA business consists of people who come together to earn profits for each other. They allwork in order to gain success in market place. They try to compete in market for the purpose ofmaking profits. In addition, they provide various kinds of goods and services to people based ontheir needs and demands ( Hillary, 2017). Business environment refers to the environment inwhich a business operates and it consists of macro as well as micro factors. Macro factors wouldinclude political, economic, social, legal etc. These are the aspects which affects businessdirectly and has a direct influence on workings of company, it is therefore of crucial importancethat management of organisation work in proper manner after considering all these factors intoaccount. Net West is a company operating in banking sector which is a very crucial sector fromthe point of view of economy. It provides various services related to banking to its customerswithin UK. The present report will throw light on various types of businesses as well as the kindof business environment in which they operate for the purpose of making profits and growing inmarket.TASK 1P1) Covered in PptP2 Covered in Ppt TAKS 2P3) Explaining Relations between different organisational purpose, their link with structures andobjectives.In this modern world the main aim of any organisation is to maximise high profit andgenerate large amount of revenue at marketplace. Organisation needs to recognise various rivalspresent in the market place and took initiative steps in order to enhance performance oforganisation. In order to attain various objectives of organisation, management needs toimplement new and innovative methods to perform various types of functions. There aredifferent types of strategies adopted by the organisation. These strategies implemented by thedifferent organisation in order to expand their structure and modify the various sector oforganisation. Net West is the deals with banking organisation who perform its work in private
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sectors. In this approx 70000 employee working in organisation. They are having goodknowledge and skills about the banking sector. They put their effort in order to provide loans andprovide facilities to provide funds in order to perform various types of function in effectivemanner. This is very helpful for organisation in order to various strategies in order to performdifferent types of function in very planned manner. The main purpose of these organisation is toattain goals and desire of organisation and sustain high position in the marketplace (Wack,2017). 2
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