Business Environment Purpose
Added on 2021-01-01
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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Type of business, purpose and ownership of two contrasting businesses.............................1P2 Different stakeholders who influence the purpose.................................................................3TASK 2............................................................................................................................................4P3 Two businesses are organised................................................................................................4P4 Style of organisation helps them to fulfil their purposes.......................................................5TASK 3............................................................................................................................................6P5 Influence of two contrasting economic environments on business activities........................6P6 Political, legal and social factors are impacting upon the business activities........................7CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10.......................................................................................................................................................11
INTRODUCTIONBusiness environment refers to sum of all environmental components which impact oninternal environment of an organisation. It is related with surroundings and also internal andexternal factors which impacts business. It consists different components which impacts as wellas gives alterations of business accordingly (Cantwell, Dunning and Lundan, 2010). Bothinternal and external factors affect on decision making of company. In internal factors includeemployees, consumers, government, stakeholders etc. On the other hand, external factorpolitical, economical, social, technological, legal and environmental. In addition to this, businessenvironment has several forces which shape business segment along with the product line. In thismention report discuss about the kinds of business, purpose and also ownership. Impact of twocontrasting economic environments on operations and activities of business will be mentionedunder this report. TASK 1P1 Type of business, purpose and ownership of two contrasting businessesUnder this, there are two various businesses and their ownership and purpose are alsovaried from the each other. The two different companies are LIDL and Save For Childrenorganisation. In this, purposes, types and also ownership of these two different organisations aremention below:LIDLType of business Lidl is one of the biggest grocery retailers and it was established in year 1973. Thiscompany has more than 10,000 stores across United Sates and Europe. LIDL organisationbelongs to the Dieter Schwarz that owns chain of stores hyper market and Handelsh of Kaufland.Under this firm, there are around 315,000 staff members are working. At the time of 1990, itbegan to open its some stored from outside of Germany but in this present time period, its storesare establish in many different countries (Cavalcante, Kesting and Ulhøi, 2011). It takes pride inproviding better quality of goods and services at minimum cost to all consumers across Europe.ALDI company is also fights for the rights of children and also fulfil their potentiality. Its mainfocus on satisfying demands of consumers through provide better quality of services. Purpose of LIDL1
It deals in retail sector so it is necessary for this to attract the large number of consumerstowards firm.Its main motive is to earn more profit. LIDL business organisation assures that all board meeting run business smoothly andhelpful in attain consensus in decisions of boards (Chesbrough, 2010). In order to attract large number of consumers, LIDL organisation provides effectivequality of services and products in better manner. Ownership of LIDLLIDL ownership stands for private organisation own through its owners. The founder ofLIDL is Dieter Schwarz. This organisation provide its goods on reasonable rates to consumers sothat they can retain towards firm for long period of time. Save For ChildrenSave the children company works in almost 120 countries. it helps in save life of childrenalong with their rights. It is non- profit company and established in 1919. in this present timeperiod it is one of the leading an independent NGO of children. Its main role is to help childrenin all over the world and give them their proper rights. This organisation works for welfare ofchildren on an effective or better manner (Child and Möllering, 2013). In year 2016, more than56 million of children directly by the work of partners. In addition to this, Save For Childrencompany works to search innovative and practical methods for individuals for get over from thethrive and safety of children. It helps in rebuild life of people in better manner. Purpose of Save For ChildrenImprove access of children to health care and also food they require to be thrive.It wants to teach children and provide them their rights.Protect vulnerable children in all over the world. Ownership of Save For ChildrenIt is a voluntary organisation and to run this, people give charity to it. There are largenumber of countries which works with Save For Children (Kaplan and Norton 2015). In additionto this, United kingdom country and some other countries provide children healthy beginning oflife and also provide them better opportunities to learn as well as protect from any kind of harm. 2
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