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Key Issues in the Business Environment

   

Added on  2020-07-23

10 Pages2535 Words115 Views
Business Environment

TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Outline of Retail super sector................................................................................................31.2 Key issues in the Business Environment..............................................................................4TASK 2............................................................................................................................................62.1 Outline of Food retailer or wholesalers:................................................................................62.2 Impact of micro issue on organisations in Food retailer and Wholesaler sub sector ...........6CONCLUSIONS..............................................................................................................................8REFERENCES................................................................................................................................9

INTRODUCTIONBusiness environment include all the factors whether internal i.e. employees, policyand management or external i.e. government, customer and suppliers which affect thebusiness and its decision making. It mainly comprises the environment of businessand the effect it is having on the business and its profits. The present report will coverthe key issues related to business environment and that are significant for Morrisons inretail super sector and sub sector in UK. There are also the problems or challenges inthe Food Retailer and wholesalers under the consumer service and the impact of thekey issues on these. Retail super sector and sub sector is the further division of theFood retail and wholesale industry in market. Consumer goods are the durable andnon-durable goods which are mainly in direct contact of the end use consumer in hisday to day life. Including the household good, food items, leisure goods and personalgoods used by the consumer directly for his own benefit.TASK 11.1 Outline of Retail super sectorThe business environment of the Retailer and wholesaler in UK are verydeviser in Food retail and wholesale industry. Which include suppliers, government,owners, management, staff, consumers and competitors. These all lay effect on theprofits and the decision making of the company and the industry (Charter, 2017). InUK's marketing style self-service supermarkets arrived in the 1960's which totallychanged the British shopping experience of the consumer. Moreover, in today'sscenario this is much changing the buying habits of consumer in UK and the grocersare impacted to rethink their business model once again. Wm Morrison super marketis the fourth largest supermarket chain in UK with the headquarter are BradfordEngland. The supermarket is present in whole of South England, Wales and Scotlandwith about 500 stores across UK. The supermarket is offering a number of products to3

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