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Business Environment Table Of Content

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Added on  2020-01-28

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Business Environment Table Of Content Business Environment Table Of Content 2 INTRODUCTION 4 TASK 14 1.14 Types of company with purpose 4 1.25 Objectives of Stakeholders to be attained by Primark 5 1.36 Responsibility of Primark and manager objective to meet 6 TASK 27 2.17 Different Economic System 7 2.28 Monetary and Fiscal Policy8 manager 2.39 Competition Policy 9 TASK 310 3.110 Pricing and Output Decision in various Markets 10 3.211 Market Forces Shaping Organizational Response11 3.312 Business and Cultural Environment

Business Environment Table Of Content

   Added on 2020-01-28

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Business EnvironmentTable Of ContentBusiness EnvironmentTable Of Content.........................................................................................2INTRODUCTION...........................................................................................................................4TASK 1............................................................................................................................................41.1..............................................................................................................................................4Types of company with purpose...............................................................................................41.2..............................................................................................................................................5Objectives of Stakeholders to be attained by Primark..............................................................51.3..............................................................................................................................................6Responsibility of Primark and strategies employed to meet.....................................................6TASK 2............................................................................................................................................72.1..............................................................................................................................................7Different Economic System......................................................................................................72.2..............................................................................................................................................8Monetary and Fiscal Policy......................................................................................................82.3..............................................................................................................................................9Competition Policy...................................................................................................................9TASK 3..........................................................................................................................................103.1............................................................................................................................................10Pricing and Output Decision in various Markets....................................................................103.2............................................................................................................................................11Market Forces Shaping Organizational Response..................................................................113.3............................................................................................................................................12Business and Cultural Environments shaping Organization...................................................12TASK 4..........................................................................................................................................134.1............................................................................................................................................13Significance of International Trade in UK business Organizations........................................134.2............................................................................................................................................13Impact of Global Factors on UK business Organization........................................................134.3............................................................................................................................................14
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Impact of EU policies on UK business Organization.............................................................14CONCLUSION..............................................................................................................................15REFERENCES..............................................................................................................................15
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INTRODUCTIONBusiness is considered as one of the most important activity in today’s scenario. It has been seenthat there are many business organization established in country and in order to established as asuccessful organization, it is very important to inculcate business environment in a company. It isrefereed to combination of internal and external factors which prevailed in operatingsystem(Wild, Wild, and Han, 2014). There are various kinds of factors which shall be includedin business environment such as government activities, sale and purchase of goods. Trends likesocial and economic which will be prevailing in a company. A key principle of a successfulorganization is to bring a healthy and effective business environment which will introduce newtechnology and improvements in company. The following project shall create a betterunderstanding on various chapters to be covered in business environment. The main aim of theproject is to develop a skillful knowledge about same.TASK 11.1Types of company with purposeThere are various kinds of company which has been established. A structure comprises withlegal frame work will define about what kind of company it is for are example there are privatecompanies, public companies, voluntary organization or public limited company(Moutinho,2011).There are numerous kinds of company established in world which are governed bydifferent structure for an example, Primark is one of the famous company which is structured asPublic limited company. The organization deals in retailing business of Irish clothing andincorporated in 1948. Primark Own over 290 stores all over the world of which 177 is owned byUK. The main purpose of the organization is to provide consumer service in terms of clothing,footwear and accessories. Primark is a public sector organization that offers superior qualityproducts for ts business consumers. In financial year 2015-2016 company earned net revenueworth $ 4383.79 millions. Gross profit of the organization was $ 338.736. Total 68000employees are working with the organization. Company offers home-wear, accessories, women'swear, clothing and footwear products. Primark deals with wide range of product which willinclude women’s wear, men’s wear, beauty Product, confectionery etc. Monopoly of thiscompany is to sell any item as low cost end of the market below average price.
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