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BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Introduction to two contrasting businesses

   

Added on  2020-06-04

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BUSINESSENVIRONMENT
BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Introduction to two contrasting businesses_1
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1 Depict different form of business,purpose and ownership of two contrasting businesses...1P2 Describe the different stakeholders who influence the purpose of two contrastingorganisations...............................................................................................................................2P 3 Describe how two businesses are organised.........................................................................3P4 Explain how style of organisation helps them to fulfil their purposes..................................3P5 The influence of two contrasting economic environments ...................................................4P6 Describe how political, legal and social factors are impacting upon the business activities.5CONCLUSION................................................................................................................................6REFERENCES ...............................................................................................................................7
BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Introduction to two contrasting businesses_2
INTRODUCTIONBusiness Environment relates to all the activities that are operated in a business. It canalso be defined as the combination of external and the internal environment that affect thebusiness internal factors and the external factors have influence on each other and they worktogether so as to affect the overall environment of the business. This report is based on businessthat are operated by two company which are Mark & Spencer and National Health Care. Theseare business which are running for profit and non-profit (Chesbrough, 2010). The stakeholderswho affect the activities of business. There are various ways in which the business activities areorganised. Different styles of organisation which helps them in fulfilling their purposes.Influences of two businesses on environment aspects, political, legal and social environment alsohave an impact on the activities that are operated by business.TASK 1P1 Depict different form of business,purpose and ownership of two contrasting businessesTo describe various types of businesses, ownership of two businesses I have selected thecompany which is Mark & Spencer and National Health Care.Mark & Spencer (M&S)It is a company which operates at an international level. Global business operates atinternational level and sell its product around the world. It operates and thus have tradingactivities in Europe and mid Asia. It is a public limited company, it means that shares are to bebrought by public and limited implies that its part have limited liabilities. There are manyadvantages of small liabilities it makes the shareholders responsible for shares of company sothat they will not be held accountable for different liabilities that results in insolvent. Being apart and parcel of third or tertiary sector indicates that it sell the products in different forms likegrocery, clothing and home appliances (Chow and et. al., 2012).The basic aim of M&S is to supply products. It also offers services but that are not theiroriginal way of running the business. They are motivated by net income which implies that theyshould consider their running cost more. Running cost implies that they should cover everythingthat organisation needs to spend money that is essential for company to operate its business likesalaries, utilities and rents. When the company was established at the initial level the main aim ofthe company was to sell only British goods which were having good quality. The concept change1
BUSINESS ENVIRONMENT INTRODUCTION 1 TASK 11 P1 Introduction to two contrasting businesses_3

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