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Influence of external environmental on business operation

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Added on  2020-10-22

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BUSINESS ENVIRONMENT TABLE OF CONTENT INTRODUCTION 3 TASK 13 Covered in PPT3 TASK 23 P3 Relationship within functions of different companies 3 TASK 35 P4 Explain negative and positive effect of external environmental on business operation 5 TASK 48 P5 Internal and external factor and its interlinked8 P6 Unilever strength and weakness 9 CONCLUSION 10 References 12 INTRODUCTION Business environment create impact on both way negatively as well as positively on the performance and productivity of a company. It is operating its functions

Influence of external environmental on business operation

   Added on 2020-10-22

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BUSINESSENVIRONMENT
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TABLE OF CONTENTINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3Covered in PPT............................................................................................................................3TASK 2............................................................................................................................................3P3 Relationship within functions of different companies............................................................3TASK 3............................................................................................................................................5P4 Explain negative and positive effect of external environmental on business operation.........5TASK 4............................................................................................................................................8P5 Internal and external factor and its interlinked.......................................................................8P6 Unilever strength and weakness.............................................................................................9CONCLUSION..............................................................................................................................10References .....................................................................................................................................12
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INTRODUCTIONBusiness environment create impact on both way negatively as well as positively on theperformance and productivity of a company. There are two types of business environment factorslike as external and internal components which are available within a marketplace. Some of mainmacro components are government, political, legal, economic and many others. In this report,chosen a Unilever company for analysing influence on the factors of external environment onfirms performance. It is operating its functions of business almost around 190 nations as well asselling around 400 branded products like as magnum, rama, lux, lipton, knorr, hellmann’s andmany more (Al-Swidi and Al-Hosam, 2012). It is introduced in 1930 at UK. In this organisationapprox 169000 employees are working and total net income is almost 6,486 billion in 2017. Inthis assignment, cover various structure of companies along with that size and scope of firms aswell as also interlinked various activities of organisation. Negative and positive impact ofoperations of company. It also covers Unilever strength and weaknesses and linked with macrofactors. TASK 1Covered in PPTTASK 2P3 Relationship within functions of different companies Unilever is a broad retail bank as well as commercial which is established in UnitedKingdom. They are giving their management all over the world. Cited company mainly followthe structure of an firms in their enterprises as well as it indicate by positions, obligations, duties,responsibilities and many more are divided in an effective way to firms employees (Li and et. al.,2011). It is important for each type of company to give best goods and services to people, so theycan easily satisfy their desires and requirements in an appropriate manner. Some of functions areexplained in detail are as follows: Sales and marketing: It is important for every sort of organisation to do a research.Hence, they can satisfy wants as well as requirements of their buyers. In this, they have todevelop techniques as well as it may be linked by sales, promotional and pricing. Withthis, it is important for them to change their previews products, as outcomes are they can
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easily increase their sales along with its productivity. Its require lots of investment, sothey can do proper marketing of goods and services. Finance: It is required for manager to maintain companies records efficiently andeffectively. If they are issuing share to the persons then they can easily increase theirfinance for their organisation. Mainly, this division is linked with other due to their majoraim is to make and decide department budget of firms. In addition, it is necessary forthem to maintain effective records of their expenses and revenues (López-Gamero,Molina-Azorín and Claver-Cortés, 2011) Main obligation is to give budget to eachsection as well as they require to follow in an effective way. With this, they also have todecide par wages as well as roles or salaries to their employees. Human resource: Role of HR manager is transferring, promoting, appraisals, managing,controlling, selecting, recruiting and many others. Unilever HR manager is organising aprogram of training within their working environment for raising all employees’capabilities, knowledge, and skills for accomplishing of work properly. By this, companyis able to encourage workers as well as increase job satisfaction and self confidence. Production: It is a very main department of the firm as it manufacture products as well asservices within a given time. It is am preliminary department of firms where worker areworking by utilizing the resources which are available to them for manufacturingproducts as per demand within market. In the unit of production there are two kinds oflabours like as quality assurance and analyst (Meiners, Ringleb and Edwards, 2014). Ithelp in management to develop a plan linked with a process of manufacturing,maintenance of machinery, inventory management etc. by this organisation hasmanufacture high goods of items as well as sell it into a market hence increasesatisfaction level of buyers for a long time. Research and development: In present environment of business, changing in previewsgoods and services has accomplished on regular basis for meeting high share of market.In this, many of large companies is making a separate department of it. By this, it able toget highest quality of goods with an innovative features. Hence, it will aid in gainingcompetitive advantages while comparing it with rivals for achieving high position withinmarket. Others departments are also get affected i.e. if company is having a high quality
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