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The Business Environment Assignment (DOC)

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Added on  2020-06-04

The Business Environment Assignment (DOC)

   Added on 2020-06-04

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Business Environment
The Business Environment Assignment (DOC)_1
Table of ContentsINTRODUCATION ............................................................................................................................3TASK 1.................................................................................................................................................3P1Describe the type of business purpose and ownership of two contrasting business....................3P2: Describe the different stakeholders who influence the purpose of two contrasting businesses3TASK 2.................................................................................................................................................5P3 Describe how two businesses are organised...............................................................................5P4 Explain how their style of organisation helps them to fulfil their purposes...............................6TASK 3.................................................................................................................................................7P5 Describe the influence of two contrasting economic environments on business activities within a selected organisation..........................................................................................................7TASK 4.................................................................................................................................................8P6 Describe how political, legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders............................................................................8CONCLUSION ...................................................................................................................................9REFERNCES.......................................................................................................................................9
The Business Environment Assignment (DOC)_2
INTRODUCTION Introduction Business environment is the combination of internal and external factors thatinfluence a company's operating situation. The business environment can include factors such asclients and suppliers, its competition and owners, improvements in technology, laws andgovernment activities and market, social and economic trends. Environmental forces of political,economic, social, and technological factors. These factors are outside the control of the business. TASK 1P1Describe the type of business purpose and ownership of two contrasting businessPartnership:- Partners must be together a common goal. This means everyone involvedshould agree on proposed outcomes and the means of achieving them. All partners should agree onthe priorities and challenges their community should focus on while achievement of same goal. Public sector firms:-All the public sector firms doing their businesses with public norm andregulations for earning profit from market and share the profit with whole share holders andincrease the companies' marketability. Public sector firms doing business with visual directions ofthe country in the business norms and regulations (Wijaya and et.al., 2011).Private Sector company or business organizations:- Nestle also private limitedorganization on Self owner or private sector company. In this business sector company more focuson earning high profit margin from the market and reduce the internal and external expenditure fornew product development and expansion of the business into new market. Main motive of privatesector organizations is how to earn more profit from the market with customer satisfaction (Etro2011).P2: Describe the different stakeholders who influence the purpose of two contrasting businessesStakeholders:-A stakeholder is an organization that is made up of many different people. Itcan be an individual or a group. Stakeholders can affect or be affected by the actions of theorganization (Manova 2013). Owners / shareholders:-Owners of a business are the people that need to be able to make agood enough profit every year to keep the business running (Koos 2011). Asda:-Asda could say that they want to put up lots of stores around the world but theowners and shareholders can disagree. New ideas will not be allowed by Asda and it may mean thatthe business cannot expand which is a bad thing because it means that the company will not makeenough profit ().The Princes Trust:-The Princes Trust is another example of a company that can be affected
The Business Environment Assignment (DOC)_3

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