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Report on Business Environment - Lidl's

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Added on  2020-06-05

Report on Business Environment - Lidl's

   Added on 2020-06-05

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Report on Business Environment - Lidl's_1
Table of ContentsINTRODUCTION...........................................................................................................................3TASK1.............................................................................................................................................3P1. Various types and purpose of business organisation............................................................3P2. Types of stakeholders influencing the purpose of two contrasting business .......................6TASK2.............................................................................................................................................7P3. Organisational structure with their functional areas along with strategic plan.....................7P4. Role of organisational structure and strategic planning for achieving aims and objectives.9TASK3...........................................................................................................................................11P5. Influence of two contrasting economic environment on business activities within selectedorganisation...............................................................................................................................11P6. Political, legal and social factors impact on business activities and their stakeholders incontext of Lidl's.........................................................................................................................12CONCLUSION..............................................................................................................................13REFRENCES.................................................................................................................................14
Report on Business Environment - Lidl's_2
INTRODUCTIONBusiness environment plays an important role in overall operation of business. Further, indynamic environment changes are coming with rapid fast speed so to cope up with all challengesand beat the rivalry strategies company require to make alteration in their organisation structurewhich is affected by legal, political, economical and technological changes (Aula ,2010). Apartfrom it different micro and macro factor of environment is also impacted the working style ofcorporate culture which includes their policies, norms, ethical practices and other differentoperations. Therefore there is a need for organisation to regularly scan external market in orderto grab market opportunities and reduce all the risky elements of business. Under this assignmentthe company which is preferred i.e. Lidl's and save the children. Lidl's is Germany based largestgrocery market operated 10,000 stores in all over the world and save the children is a non profitorganisation which work for the right, provide relief and support children in developingcountries. This project discuss about the type and purpose of business, types of stakeholders,significance of organisation structure and PEST analysis in business structure.TASK1P1. Various types and purpose of business organisationTheir are different types of business organisation who works in external environment.Mainly organisation is divided into three parts such as public, private and voluntary. Everycompany has their own objectives, aim and separate legal structure which are differ from eachother (Babatunde and Adebisi ,2012). The main objective of every business is to uplift the livingstandard and earn the profit by satisfying the needs and wants of customers. In business worldbusiness is divided into two sector I.e. Public and private sectors which described below:-Basis for comparisonNGONPOProfitbasedorganisationMeaningNational health serviceis a UK basedorganisation thatprovide range ofhealth service which isfree for peoplespecially for the UKNonprofitorganisation which isnot established forearning profit but forsolving all the issuesand problem faced bysociety in recent era.Profitbasedorganisation aregenerally private basedcompany whose mainobjective is to earnprofits through theirproducts and services.
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residents apart fromdental treatment andoptical care. The mainobjective of thisorganisation is touplift the welfare ofsociety .These are generallytrust, cooperativesociety and religiousgroup. For examplesave the children isnon profit organisationwho believes thatevery child deservegood future so theygenerally work for therights, education andwelfare of needychildren.For example Lidl'swhich is Germanbased grocery storedeals in differentsector like foodbeverages and winesector.Area of OperationsCarry their operationson large basis.Limited up-to someextendOperation of companydepend upon theirprofit earning capacitywhich is accomplishedby providing goodsand services to largenumber of customers.Aim and objectivesThe major objective ofthis sector is todevelop the economyof that particularcountry by their socialwork for benefits ofneedy people.This sector has beenestablished in order topromote the art,scienceandcommerce.The main objectiveand goal of business isto earn more profits byusing differentmarketing andbusiness strategies.Apart from it three main sector description along with their purpose which are stated below:-Public sector:- This sector can be described as such type of organisation which aregenerally formed by government. All the policies, legal regulation and organisation structure is
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