Business Environment of NESTLE & British Airways - Report

Added on - Jan 2020

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Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Brief description of Nestle and British Airways...................................................................3TASK 2............................................................................................................................................42.1 Different stakeholders that influence the businesses............................................................42.2 Different stakeholders that influence Nestle and British Airways........................................52.3 Influence of different stakeholders on organisation..............................................................5TASK 3............................................................................................................................................6TASK 4............................................................................................................................................7ASSIGNMENT 2.............................................................................................................................7TASK 1............................................................................................................................................81.1 Influence contrasting economic environments of Nestle company......................................81.2 Challenges faced by Nestle in two economic environments.................................................8TASK 2............................................................................................................................................8CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................11
INTRODUCTIONBusiness environmentare the internal and external factors that affect the company'sfunction, This term focusses on the external forces that are not in control of business and affectthe functioning of enterprise to a high extent (Worthington and Britton., 2015). Present reportdiscusses about the purpose and stakeholders of two contrasting businesses, that is, Nestle andBritish Airways. With the help of this report, business environment of both the enterprises willbe studied. Along with that, political, economic, social and technological factors that haveimpact on the strategy of business will be described as well.TASK 11.1 Brief description of Nestle and British AirwaysThis report has chosen Nestle which is a Swiss Transnational fFod and Drink Companyand other business which dealing in service sector named as British Airways. Brief description ofthese businesses is as follows:BasisNestleBritish AirwaysBusiness ActivityNestle is working at the globallevel with providing itsproducts all over the world(Persson., 2013).It is working at theinternational level withproviding air flights all overthe world.Business SectorIt is dealing in food and drinkproducts such as baby diet,medical food, breakfastcereals, etc.It is the second largest airlinein UK.Business PurposeIt wants to provide consumerswith products of standards thatare acceptable across the worldand commit to long-termsustainable growth andsatisfaction of shareholders.It wants to become the world'sleading airline along with thesatisfaction of consumers.OwnershipCompany has taken 19% loanagainst equity as derived from
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