Business in Practice

Business in Practice

Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
About the organization...........................................................................................................3
Analysis of current issues faced by Stone Point Ltd..............................................................3
Recommendations using appropriate frameworks.................................................................5
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9

INTRODUCTION
There are number of activities and task performed by business in order to attain more profits
and growth. Earning more and more profits is consider as the ultimate goal of business. It is
crucial for company to successfully and effectively conduct business practices with the motive of
attaining more profits (Fernández, Valle and Pérez-Bustamante, 2020). This report is based on
Stone point Ltd. This organisation was developed in 2003 year. In 2009 this organisation has
accepted a buyout proposal as well as acquisition from new management team. This organisation
is conducting business activities in business to business level. It is offering its services to
different industry sectors. Headquarter of this organisation is located in Bedfordshire. This report
will include different issues and problems that is faced by this company. In this different
recommendation has been determined that will help in overcoming with the issues as well as
successfully conducting business practices.
MAIN BODY
About the organization
Stone point Ltd is a successfully business which is providing its products and services for
many years. This company has approx. two and a half to three million of business every year.
Stone point Ltd is conducting its business operations in different sectors such as commercial,
retail, medical, education, finance and government. This company is providing better and
effective services in order to meet with the needs and wants of customers or clients. It is
conducting different task and practices with the motive of providing better quality services to
customers as well as developing strong relationship with potential customers. This organisation
is dealing in business to business market area. It is directly dealing with other organisation rather
than direct public customers (Buppert, 2020). In recent time Stone Point Ltd is dealing in three
major sector that is banking sector, retail sector as well as education sector. All of these are
major sector that are significant for earning more profits along with enhancing business.
Analysis of current issues faced by Stone Point Ltd
There are number of issues and problems faced by respective company due to COVID 19
and it will lead to directly impact on business operations. This company is not directly dealing