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Business and Business Environment in Sports Company - Desklib

   

Added on  2023-06-05

12 Pages2356 Words256 Views
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BUSINESS AND BUSINESS
ENVIRONMENT (SPORTS
COMPANY)
Business and Business Environment in Sports Company - Desklib_1

Table of Contents
PART 1............................................................................................................................................3
Covered in fact sheets..................................................................................................................3
PART 2..........................................................................................................................................10
Covered in PPT..........................................................................................................................10
REFERENCES................................................................................................................................1
Business and Business Environment in Sports Company - Desklib_2

PART 1
Covered in fact sheets
Business and Business Environment in Sports Company - Desklib_3

INTRODUCTION
Business environment refers to the
collection of varied factors, including external
and internal that are affecting the world of
business and each organization, either public or
private sector (Möller, Nenonen and Storbacka,
2020). The current study will be based on three
sub sectors, such as public, private and
voluntary. It will define the types of
companies, among which each operate under a
sub sector and growth of international business
environment. The report will also justify the
details of the companies, and business
functions, which are working with each other.
It defines the relation between each function,
including their advantages and disadvantages
in one company.
Different types of organisation in the
industry, the market size and the growth of
the international business environment-
Sub-sectors includes:
Public sports organisations
in order to collect large capital for
conducting their business operations, public
companies sell a major part of their
shareholdings directly to the public. UK sport
is an executive non-departmental public body
which is sponsored by the department for
media, culture. Digital and sport. Public
organisation as a deep relationship with its
clients because it is owned by government and
Therefore, production and marketing
interrelate with each other, and share data
about goods, so that effective and influencing
plan, will be taken into the development stage.
Their interrelation can benefits Adidas, in
varied terms such as to gain competitive
advantages, in term of increasing sales and
customer base as well, which is not that easy
for any company to do that, because of
requirement related to goods and other things.
IT relationship with HRM-
Like, production, marketing and
finance, IT and human resource department is
also interrelated with each other on the basis of
solving issues, as IT department is accountable
to solve the problems related to systems that
are used by the human resource and other
section. Thus, it is the main factor that make
departments capable to work collaboratively
and effectively in the workplace, which is
important for the organizational growth and
unpredicted success in the sports industry.
Interconnection between both departments, on
the basis of need fulfilling, can enable Adidas
to take pleasure of increasing operational and
functional effectiveness, more than last few
years or months (Nizamidou, Vouzas and
Gotzamani, 2019). The collaboration between
these two departments can give organization
chance to manage and effectively organize a
specific recruitment program, through which
Business and Business Environment in Sports Company - Desklib_4

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