Assessment Two: Business Environment of Marshfield Bakery and British Heart Foundation
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This report evaluates the business environment of Marshfield Bakery and British Heart Foundation, including a Pestle analysis, organization structure, and strategic planning.
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Business Environment (Assessment two)
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Table of Contents INTRODUCTION...........................................................................................................................4 MAIN BODY...................................................................................................................................4 About Companies...................................................................................................................4 Conduct Pestle Analysis of Two companiesoperate and summarise what impact some of these external factors may have on each of the companies....................................................5 Elaborate both companies organisation structure...................................................................8 Analyse and compare better strategic planning of two companies........................................8 CONCLUSION................................................................................................................................9 REFERENCE.................................................................................................................................10
INTRODUCTION Business Environment is comprise about sum of collection of overall internal and external factors such as employees, customers needs and expectation, supply and demand, management, clients and others. Contrasting business is define about set of document process which indicates about two business comparison (Zinecker, Skalicka and Pietrzak, 2021). The comparison on the basis of those business one is profit oriented and another is non profit. MAIN BODY About Companies Company SpecificationMarshfield BakeryBritish Heart Foundation PurposeThe only motive is to provide quality of bakery products to overallUnitedKingdom region people. TheyarebasedofUnited kingdom. Their main objective is to provide cure Heart and circulatory disease and better riskfactor (https://en.wikipedia.org/wiki/ British_Heart_Foundation). OwnershipThe main owner of Marshfield Bakery is Joanna Louise Allen The Chairman of this charity venture is Doug Gurr. SizeAs the number of employees are around 100-200 manpower withannualrevenuearound $6.9million (https://www.dnb.com/busines s-directory/company- profiles.Marshfield_bakery_li It is a foundation having 400 volunteer.
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mited.454432f1842bea751b28 bd231e08b146.html). ScopeThemissionofMarshfield Bakery is to make fulfil people demand.Visionistocreate betterqualityoffoodand beverageseffectively (Dalevska,Kravchenko.and Kwilinski, 2019). BritishHeartfoundationis having clear vision is to make cureheartdiseaseand effectivetreatmentwithout non profitability. Conduct Pestle Analysis of Two companies operate and summarise what impact some of these external factors may have on each of the companies. Pestle AnalysisMarshfield bakeryBritish Heart Foundation
PoliticaltheUnitedKingdomisa constitutionalmonarchythatRun on the basis of Parliament system influence. UK is said to be a stable countrywithhavingaplentyof opportunitiesforthosewhoare operating within the country as per thepolicies.Perspectiveof MarshfieldBakery,thepositive aspect of United Kingdom political factor is stable. There are benefit of foreign exchange policies and trade policies which increase the business opportunity(Ghicajanu,2019). There is a negative factor of Brexit where it not allows to stay in the European Union. Accordingtothisfactorwould createimpactonBritishHeart Foundation where they have to makesurethatpoliticalrules regarding with health care is quite stable. By govern better rules and regulation. EconomicAseconomicofUKstrongest economic position which is related to other countries. It has a high GDP diverse economy with lesser issues enhanced. As per the growth ofUnitedKingdomGDPis calculatedonthebasissmall mediumenterprisesbusiness presenceastheallowstomany opportunities and contribute rather thanlargebusinessesmore.For Marshfield Bakery it allows a large population or even small market to Theeconomicfactorless influence on social cause. As in perspectiveofBritishHeart foundation can makes count on contributeserviceformore economic development by raising funds.
be profitable SocialItismostimportantfactorina pestleanalysisithasano expectationstowardsthecaseof UnitedKingdombythehighest standardleadstothebetterall aroundcircumstances.Marshfield Bakery canapproachtheir target customer and market on the basis of incomeageGenderandother factors. because the population of United Kingdom is very wide. The British Heart foundation is havingfocusoncommunity whichbringswith manygoods and services and resources get to fulfilled `to better life ahead. On thebusinesswouldgetbenefit towardsgettingmajorworking towards economy development. TechnologicalIn perspective of UK a it does have a good access to technology Where are some of important Technology factorsaffectingtheUnited Kingdom. It creates better quality ofinnovationskillsandhaving expertiseinScienceand informationtechnology.For MarshfieldBakeryinUKcan attend more business in a flexible mannerthroughusingbetter Technology system. It is paly an importantrole in charity,asBritishheart foundationgrowthisrelyon healthcareresourceswhichis advancedlevel.Theteamof charity utilises for cure the people aspermappingbetterhealth issues effectively. EnvironmentOnthebasisofenvironmental factorUKhavingastrictrules regarding with their environmental safety.ForMarshfieldBakery Asmanycharitiesisfocuson helping the environment where it careaboutimprovisingthe condition on planet
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company needs to make sure that theirBakeryproductsare environment friendly as well as to support vegan food products more. LegalInthisfactoritdefinesabout employment laws which company used to follow in their workplace. Some of the rules and laws need to follow by Marshfield Bakery like equality act and minimum wages act. There are some of charities with havinglegalrisksandhaving introductionwherebetter technologyispartlytowards blame. Evaluation: As per above Pestle Analysis is come to conclude that for Marshfield Bakery is having influence through Economical factor where inflation and recession can impact on its business. But for British Heart Foundation which is charitybase businessis having positivebenefit from technological factor \, as because advanced resource can help to cure heart illness people effectively. Elaborate both companies organisation structure. Organisation structure is a type of system which helps to outlines where certain activities and get instructed in order to accomplish goals and objectives effectively. As every business has theirowndifferentorganisationstructureonwhichtheypresumesworkplaceactivities accordingly. Similarly for Marshfield bakery and British Heart foundation having different level of organisation structure are: Functional organisation structure: This is under organisation structure on which people used to perform similar task perform speciality (Mapetere, Eukael and ETR, 2021). Like accountant department is enhance to control on better marketing, operation and finance through better human resource management. SimilarlyBritish Heart Foundationis usually follows Functional
organisation structure because their staff use to follows similar kind of charity work to serve heart cure illness which is provide service to customer and handle within compliance oriented. Divisional structure:According to this structure where company use to follows where group of workers and team attain the project which meets the standards of their customer. As for Marshfield Bakery companyfollows this strategy where they work on people health and provide them proper cure of their illness. Analyse and compare better strategic planning of two companies. Strategic Planning is having proper management process which is more than set proper rules and follows process which is best implemented when everyone understand strategy effectively. In following there is strategic planning for making company more productive effectively: Strategic PlanningMarshfield BakeryBritish Heart Foundation MissionTo make better bakery products and fulfil customer demand and gain more profitabilityinfoodandbeverages department Byprovidepropercureof heartdiseasetopeopleto make them fit. VisionTofulfildemandofcustomerand using proper technology for quality of food served effectively. ObjectiveFor target more and more customer andmaketheirbakeryproduct influence in global level. Strategic formulation The course of action which chosen by accomplish that define better goals. As per the Marshfield Bakery company they create plan as per making their budget. Theactionplancreatesby Britishheartfoundation charitybusinessbyraising fundsfromprivate organisationonwhichthey can generate more free heart health care service Monitoring and Controlling practise For Marshfield Bakery their marketing andfinancialteamalongwith On the perspective of British Heartfoundationimplies
manufacturingdepartmentmeasure theirnewproductandservice performanceandimpliescontrolto recover errors effectively monitoring and controlling at thetimeofhealthycrises whenpeoplefaceshigh illness. CONCLUSION From above report Assessment two is summarise about two companies by evaluating contrasting business. In this Marshfield business is profit oriented and British Heart foundation is charity business. As these two company are belong local business of UK based.On the basis of pestle analysis of two companies analysed that certain factor are there that create common effect to every business which is Political and Economical. To described organisation structure where it creates own dynamic process effectively. At last there is better strategic planning described on the basis of two companies.
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REFERENCE Books & Journal Zinecker, M., Skalicka, M., Balcerzak, A.P. and Pietrzak, M.B., 2021. Identifying the impact of external environment on business angel activity.Economic Research-Ekonomska Istraživanja, pp.1-23. Dalevska, N., Kravchenko, S. and Kwilinski, A., 2019. Formation of the entrepreneurship model of e-business in the context of the introduction of information and communication technologies. Ghicajanu, M., 2019. Analysis of factors from the external environment in changing business processes. InMATEC Web of Conferences(Vol. 290, p. 07008). EDP Sciences. Mapetere, D., Eukael, M.N. and ETR, M.T., Influence Of Hybrid Organisation Structure On Strategy Implementation In Commercialised State Enterprises In Zimbabwe’s Communication Technology And Courier Services Sector.