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Impact of economic system and competition on Iceland Supermarket 7

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Added on  2020-01-07

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BUSINESS ENVIRONMENT TABLE OF CONTENTS ENVIRONMENT | 3 TASK 13 1.1 Purpose of different types of organization 3 1.2 Organization meeting the objectives of different stakeholders4 1.3 Responsibilities of an organization and strategies to meet them 5 TASK 26 2.1 Economic systems attempt to allocate resources effectively6 2.2 Impact of fiscal and monetary policy on Iceland Supermarket 7 2.3 Impact of regulatory mechanism and competition policy on Iceland Supermarket 7 TASK 38 3.1 Market structures determining the pricing and output decision8 3.2 Market forces shape | Iceland Supermarket

Impact of economic system and competition on Iceland Supermarket 7

   Added on 2020-01-07

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BUSINESSENVIRONMENT
Impact of economic system and competition on Iceland Supermarket 7_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Purpose of different types of organization.............................................................................31.2 Organization meeting the objectives of different stakeholders..............................................41.3 Responsibilities of an organization and strategies to meet them...........................................5TASK 2............................................................................................................................................62.1 Economic systems attempt to allocate resources effectively.................................................62.2 Impact of fiscal and monetary policy on Iceland Supermarket.............................................72.3 Impact of regulatory mechanism and competition policy on Iceland Supermarket..............7TASK 3............................................................................................................................................83.1 Market structures determining the pricing and output decision.............................................83.2 Market forces shape Iceland Supermarket responses..........................................................103.3 Business and cultural environments shaping the behaviour of organization.......................10TASK 4..........................................................................................................................................114.1 Significance of international trade to Iceland Supermarket.................................................114.2 Impact of global factors on UK business organizations......................................................124.3 Impact of policies of the European Union on UK business organizations..........................12CONCLUSION..............................................................................................................................13REFERENCES..............................................................................................................................142
Impact of economic system and competition on Iceland Supermarket 7_2
INDEX OF TABLESTable 1: Purpose of organization.....................................................................................................4Table 2: Objectives of Stakeholders................................................................................................5Table 3: Market Structure................................................................................................................93
Impact of economic system and competition on Iceland Supermarket 7_3
INTRODUCTIONBusiness environment can be defined as the internal and external environment of thebusiness organization. This environment has a major impact on the activities of the organizationin one or the other manner. Moreover, it is highly important to scan the business environment inorder to cope with the changing dynamics of an industry. This report is mainly emphasized onthe business environment of Iceland Supermarket (Burch, Dixon and Lawrence, 2013). Further,this report describes the understanding of the organizational process. Moreover, discussion havebeen made on the environment of a nation in which the company is operating its business. Inaddition to this, report also describes the behaviour of the firm under the environment in whichworking is carrying out. In a similar aspect, report covers the assessment of importance of globalfactors which help in shaping the business activities.TASK 11.1 Purpose of different types of organizationTable 1: Purpose of organizationIcelandSupermarketKFCCancer ResearchTFLPurposeThe main aim ofthe company tobecome one ofthe mostresponsibleretailer in the UK.For this purpose,company makesthe objective ofproviding bestquality productsto the customersMain purpose ofthis enterprise isto expandbusiness byprovidingservices acrosslarge number ofcountries (KFC,2016).It is type of nonprofitorganizationwhose mainpurpose is torecognize causesof cancer andaccordinglydevelop effectivetreatmentstrategies for theprevention ofcancer. It mainlyThis is statutorycorporation and ithas been formedfor the aim oftransportauthority. Mainrole plays by thisorganization is toimplementpolicies andtransport strategysothattransportation4
Impact of economic system and competition on Iceland Supermarket 7_4

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