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Business Organisations and Environments : Assignment

   

Added on  2020-12-10

11 Pages3494 Words60 Views
Business Organisations andEnvironments Reports
Business Organisations and Environments : Assignment_1
TABLE OF CONTENTSINTRODUCTION...........................................................................................................................1BACKGROUND INFORMATION ON AEG................................................................................1BACKGROUND INFORMATION ON BUSINESS ENVIRONMENT IN HUNGARY.............2ANALYSIS OF THE BUSINESS SCENARIO .............................................................................3PESTLE Analysis (Hungary).................................................................................................3Porter's Five Forces Analysis.................................................................................................5CONCLUSION ...............................................................................................................................7REFERENCES ...............................................................................................................................8
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INTRODUCTIONForeign direct investment is the biggest cornerstone for both; company and government.Investment map is produced by the international center. Investment is the growth orientedpractice for company which is benefited for good profit margins. Investment map combinesstatistics on foreign direct investment and international trade. Present study will be based onbusiness environment and global environment changes that affect the business activities. Forpresenting the study, it will be taking AEG into consideration. It is the power solution or a globaldesigner and provider company. Further, this report will be discussing about backgroundinformation of company and analyze the competition level in market to measure actual marketposition and challenges. For analyzing the business environment, study will explain model ofPESTLE and for analyzing the competitive environment, Porter’s five forces analysis will bedone. BACKGROUND INFORMATION ON AEGAEG is the power solution which is a global designer of power electronic systems andsolutions for all critical power supply needs. Main aim of company is to produce the best leadingsolutions to their users or to make new changes and innovation for leading purposes. AEGsecures the supply chain at all times and to deliver the sources of improvement to powersolutions across world. Now, they are planning to expand its business in Hungary which is aEuropean country. AEG is having a large number of customer range at global level such as oil,gas, power generation companies and petrochemical organizations with many othertransformation data & IT players to cutting edge renewable energy plants. AEG is the leadingcompany in electrical industry with providing great products and services to their potentialcustomers (Andriof and et.al., 2017). AEG deals with number of products such as Electrical power generation and transmissiontelecommunication, home appliances, machine tools, projectors, printing equipment, etc.Company was found in Berlin in 1883 when Emil Rathenau with another major challenges. Thishelp to control the process more challenging and growth oriented performances.AEG is known for its rapid expansion of innovative products and goals that helps toattract number of customers towards services of company. They provide the best deal andleading sources of full ideological fact (Bendell, 2017). Power solution established a newleadership position that affect the best promotional leading sources into more effective manner.1
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In order to expand the business market more, company is planning for foreign direct investmentinto another country system. Foreign direct investment is beneficial for company for encouragingthe enterprise functions and business objective goals. Moreover, it carries a fresh marketpossibility that brings the new opportunity goals (Brettel and et.al., 2014). BACKGROUND INFORMATION ON BUSINESS ENVIRONMENT INHUNGARYHungary is situated in Central Europe after the more transformation in an economy. It isby far the largest export market for Hong Kong in Eastern Europe. More than a half, this requiresthe best possible action goals in order to analyze external environment for expansion of newideas and goals (Burke, 2017). Business environment of Hungary is more liberal and flexible ascompared to other country. It is better in terms of infrastructure including its financial and legalenvironment that has enabled the country’s solid fundamentals. It enabled a nation to play theleading role in business. As per the sources or data, GDP increased by an average of more than4% per year through the production of these kinds of services that increase profit margin oreconomy of country. In Hungary, foreign direct investment flow is higher in the last decade. Onthe contrary, AEG got benefited through getting good market response from customers (Castells,2014). Moreover, Business environment is the most essential and crucial process that needs to beunderstand by the company before entering into the market, it defines the process into propereffective manner. External environment affect the overall state of affairs of business which might beaffected to the economy growth of the country. This affects the business goals and betteradvanced performance with leading charging performing objective. Also, it impacts on thebusiness goals to make goal making process challenging and effective (Doing Business inHungary, 2018). This also helps to control the long term goals to make better performing facts. Itis the long term content and better objectivity goal in order to affect business and betterenvironmental objective task performance score (Cherubini, Iasevoli and Michelini, 2015). This also helps to control the long term goals to make better performing facts. This is thelong term content and better objectivity goal in order to affect business and better environmentalobjective task performance score (Cherubini, Iasevoli and Michelini, 2015). Global businessenvironment is helpful tool to analysis environmental threats and opportunities for company to2
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