Business Environment - G4S Plc Assignment
Added on 2021-01-02
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Business Environment
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................11. Demonstrate an understanding of various kind of innovation and technology and how theyhave impacted the economic development of the country, with specific emphasis on businessenterprise.....................................................................................................................................12. A brief overview of chosen company, and practical illustrations of how innovation hasimpacted the operations, sales and the profits of selected company...........................................3TASK 2............................................................................................................................................41. Must briefly discuss corporate governance, including the responsibilities of the Board ofDirectors to the stakeholders.......................................................................................................4CSR in relation with the G4S PLC:............................................................................................52. Explanations of Archie Carroll’s Pyramid of CSR: - Economic responsibilities, legalresponsibilities, ethical responsibilities and philanthropic responsibilities................................6CONCLUSION................................................................................................................................7REFERENCES................................................................................................................................8
INTRODUCTIONBusiness environments refers to the internal or external factors that influence how anorganisation activities including in the supply and demand, employees, customers or businessregulations. On the other side the term of business environment determined the both forcesinternal or external that help the company in order to control or manage their function in anappropriate manner. In this present assignment, Task 1 is depends on Aveva Plc which is famouslarger technological organisation. Whereas, Task 2 is based on G4S Plc that is Britishmultinational security services company. Apart from this assignment, will be considered onimpact of innovation and technology on the sales or revenue of Aveva Plc. Some other part ofthis report will help in justify that what is CSR actions and also how it is helpful for the company(Corporate governance issues faced by Aveva Plc. 2019). TASK 11. Demonstrate an understanding of various kind of innovation and technology and how theyhave impacted the economic development of the country, with specific emphasis onbusiness enterprise.Innovation is very well known word which means develop unique thought, idea, plan andlot of device or method. Innovation also very much helpful for any organisation in order to makebetter solutions or application to meet new needs and requirement of the market. Whereas,technology is the collection of various technical methods, skills or production of goods andservices. Technology or innovation are both interrelated term which are used by company'semployees or persons in order to make innovative mind set and develop new techniques in anappropriate way, so that company can easily make their functions easily. On the other side,companies or persons both are having the very good technologies in their function process sothat they can rapidly implement on new ideas and able to make effective organisation. This willhelp company in changing their functions which is implemented through them. In this,discussion will be made on effect of innovation and technologies on the growth of economicnation. Wherein, United Kingdom is one of the best business environment globally and it is alsoused to offer the good business place so that it is easy for an organisation in order to implementon new ideas or thoughts in their daily business activities. This will also helps them in preparingefficient or effective cost process. This is because technologies or innovation enhance the1
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