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Business Environment Positive and Negative Impact

   

Added on  2020-10-22

15 Pages4167 Words433 Views
Business Environment

Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1 ...........................................................................................................................................1P.1 Various types of organizations and growth of international business .................................1P.2 Size and scope of various organizations ..............................................................................2TASK 2 ...........................................................................................................................................5P.3 Interrelation of different functions and their applications to achieve objectives .................5TASK 3 ...........................................................................................................................................6P.4 Positive and negative impact of macro environment on business operations ......................6TASK 4 ...........................................................................................................................................8P.5 Internal and external analysis in order to identify strength and weakness ..........................8P.6 Strengths and weakness are related with external macro factors .......................................10CONCLUSION..............................................................................................................................11REFERENCES..............................................................................................................................12

INTRODUCTIONBusiness environment is the mix of internal and external factors that affects company'soperations (Andersson Forsgren and Holm, 2015). It means an collection of entities, individualsand other factors which may or may not under control of organisation, but can influence itsprofitability, growth and performance. Feature of environment are complex, dynamic anduncertain in nature as no one can predict future. This is the total of external factors of businesswhich greatly influence functioning of company. Asda is most leading supermarket retailer inUK. This company dealing in grocery products, general merchandise and financial services.Report includes different type of organisation and their purpose, legal structure, size and scope.It also show the relationship between different organisational functions which links withobjectives of enterprise. In addition to this report also contain SWOT and PESTEL analysiswhich helps in identifying various threats and opportunities present in environment.TASK 1 P.1 Various types of organizations and growth of international business Business environment consists of various internal as well as external factors which canaffect the company. Company has to create various strategies and policies so that it can easilysurvive in the market (Botha, Kourie and Snyman, 2014). Various types of organization areestablished and their objectives differ from each other. Thus different types of firms and theirpurpose is described below (Business environment, 2012):TypesOverview PurposeOne of the organization is theprivate company. Their mainaim is to earn more revenues.They have less direction andpower as compared to publicfirms. There is no governmentinterference. Asda is a private companywhich was established in 1949.It has approximately 160000employees. It has earnedrevenues around 791.7 million.It generally provide groceryand financial services to allpeople. Its main mission is to increasethe level of users satisfaction.Thus it has to create strategiesand policies that it can fulfilthe needs and wants of allusers. Thus it delivers superiorquality of products so that itcan enhance satisfaction levelof all customers. Second is the public company.They create plans and policiesNational trust is theorganization which is a publicTheir main purpose is look andconsider the special places. It1

so that they can enhance thestandard of living of all peopleand thus they can directlysupport to society. They haveobjective to develop thesociety by fulfilling their needsand wants. Local or generalGovt. directly controls theactivities and task which isperformed in the company. firm. It was established in1890. They tries to preserve allitems and thus they can takevarious steps so that they canconserve natural beauty. Thusthey can easily accomplish theobjectives. includes the beautiful placessuch as England, Wales andNorthern Island etc. Thus theycan directly preserve theseplaces and can protect theirbeauty. Third is the voluntaryorganization. Their mainobjective is not to earn moreprofits bur their objective is todevelop the society. They cantake step so that they caneasily fulfil all needs andwants of all people. It leads togrowth and development ofsociety. This is the organization whichis called child support agencywhich directly supports thechildren. They can create plansand policies so that they canprotect the children. Their main purpose is toprotect the child and supportevery children if they areseparated from their parents.Many committees are createdso that they can create strictrules and regulations and thusthey can take steps to protectthe child. It leads to growthand development of everychild. P.2 Size and scope of various organizations Every organization has a different purpose and the scope (Cavusgil and et. al., 2014).Thus they work in a unique manner. Mission and their structure of all organizations are verydifferent from each other. Thus the size and scope of various firms are described below:Asda companyBackgroundProduct andservicesMission andvisionSize andobjectives Legal structureIt is a privatecompany. ItIt wells thegrocery productsIts main missionis to reduce theIt has a objectiveto give rightIt has a properstructure and thus2

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