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BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION

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Added on  2020-12-30

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BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Different types and purposes of organisations1 P2 Size and Scope of various types of organisations4 TASK 2 6 P3 Relationship between different organisational functions | 6 TASK 37 P4 Positive and negative impacts of macro environment has upon business operations 7 TASK 49 P5 Internal and external analysis of company to identify strengths and weaknesses. 9 P6 Strengths and weaknesses interrelate with external macro factors for Santander Bank10 CONCLUSION

BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION

   Added on 2020-12-30

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BUSINESS AND BUSINESSENVIRONMENT
BUSINESS AND BUSINESS ENVIRONMENT INTRODUCTION_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Different types and purposes of organisations..................................................................1P2 Size and Scope of various types of organisations.............................................................4TASK 2 .....................................................................................................................................6P3 Relationship between different organisational functions..................................................6TASK 3............................................................................................................................................7P4 Positive and negative impacts of macro environment has upon business operations.......7TASK 4............................................................................................................................................9P5 Internal and external analysis of company to identify strengths and weaknesses............9P6 Strengths and weaknesses interrelate with external macro factors for Santander Bank.10CONCLUSION..............................................................................................................................11REFERENCES .............................................................................................................................12
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INTRODUCTIONBusiness environment of an organisation constitutes various factors which creates a greatimpact on operational activities. It includes changes in technologies, need of Eco-friendly,ethical consideration and more which impacts either in direct or indirect more. Therefore, it isnecessary for management of a company to analyse concept of these factors so that profitabilitycan be increased (López-Gamero, Molina-Azorín and Claver-Cortés, 2011). In this manner, areport has been prepared on Santander Bank of UK for analysing impact of factors present inbusiness environment on its functions. In addition to this, differentiation of organisations are alsodescribed on the basis of size, scope and purpose. TASK 1P1 Different types and purposes of organisationsIn today's fast developing world, business environment of a company is changing atfaster rate. So, it gives different type of opportunities to firms to gain advantage of it andenhance profitability of them. In UK, after Brexit number of chances for increasing growth ofbusiness has raised (Business environment. 2018). Generally, organisations in nations aredistributed as per size, scope, number of people working there, turnovers and operationalactivities. In addition to this, companies are also divided on the basis of purpose and area ofextension i.e. For Profit, Not for Profit (NPO) and Non Governmental Organisation (NGO). Abrief distinguish of enterprises coming in these sectors can be explained as:-Basis ofComparison For Profit NPONGOMeaningIn this sector, industries arealways focused more onearning more and moreprofitability. In thismanner, they used todetermine demands andneeds of customers as wellas provides the same inmost effective and efficientUnder this phase,companies concern abouthow to improve conditionof societies or improvingstandard of people insteadof earning profit (Li and et.al., 2011). Therefore, theyused to deliver services orproducts as per basicCompanies come inNon- Governmentorganisation are likecharitable trusts whichconcerns more ondeveloping societies,provide support toneedy people andmore. Therefore, these1
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manner in a certain periodof time. requirement of people. firms perform a varietyof functions or servicesrelated to humanitarianand bring minds ofpeople towardsgovernmental policiesas well as encourageparticipation ofstakeholders of civilareas at communitylevel. Area ofOperations In terms of capitalinvestment, companiesunder this sector can beoperated their business ineither small or large areas. As focused more oncompleting demand ofsociety, operationsactivities of thesecompanies are done inlimited and targeted area. These companies areworking at large scale. Objectives Completing demands oftargeted customers on timeand deliver highsatisfaction to them aidthese firms in generatingmore revenues (Kaufmann,Kraay and Mastruzzi,2011). Promotion of art, scientificdisciplines along withcommercialism can bestated as the main aim oforganisations that comesunder this section.Work for publicbenefit and prevent orrelief them frompoverty is mainobjective of suchcompanies. In additionto this, advancement ofprotectionorimprovement ofenvironment is also apart of their work, In addition of above, companies can be distributed on the basis of ownership also which aregenerally described in three major sections, that are:-2
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