Business Organizations and Environments in a Global Context

Added on - 22 Nov 2020

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Business Organizations andEnvironments in a GlobalContext
Table of ContentsINTRODUCTION...........................................................................................................................11. Background information of Boots-.........................................................................................12. Background information of business environment................................................................33. Analysis of business activities................................................................................................6CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness environment means all the external and internal factors affect businessoperations and functions such as employee, demand and supply, customer and regulations etc.All the internal and external factors influence each other and work together to affect the businessprocess.Business depends on the environment because environmental friendly business usedifferent resources which are more effective towards minimising the environmental risk.The assignment will discuss about the Boots company in South Korea and how they willexpand their business operations all around the world. The report will discuss about theBackground information and basic details regarding business, size and their structure, currentoperations of Boots in South Korea. This report will describe the Pestle and Porter forces whichanalysis the business opportunity and their factors which impact on the business environment.1. Background information of Boots-Boot is international retail pharmacy organization which provides different types ofbeauty and health related productswhich are provided the best quality of product to theircustomers at international level. It started in 1870 to develop their management system of JesseBoot. Boot is a private organization and It is one of the leading pharmacy company based onbeauty and health retail products. There are 2500 stores opened in UK. Boot is a part of Retailpharmacy international division of Walgreens Boots Alliance. It is the fastest growingorganization to expand their business in other countries.Ownership of Boots-Organization is merged with the Alliance UniChem in 2006 to form Alliance Boots.Boots operates approximation 2,500 stores across the UK and increase their range of businessoperations across the world. The stores are located in the shopping centre and streets. Theyprovide wide range of beauty and health products which are beneficial for customers to buy theproduct in the stores. They give many options to choose the best products and services in themarket place. Boot operates online retail website and further activities. They provide the loyaltycard program which is beneficial for brand to increase their value in marketplace.The main purpose of this organization to increase their brand value in marketplace and maintaintheir position in global world (BrannenPiekkari and Tietze, 2017). Boot organization always careabout the customer, communities and people to provide the best quality of product and services.1
Boot is a leading organization and there are 40,805 employee working together to expand theirbusiness across the world. They generate $7,676,247,000 Turn over in every year. Boots providethe best quality of goods and services to the customers. This organization has differentdepartment to manage their business operations and functions such as production, manufacturingetc. they encourage the technology and formula to increase business that helps to achieve theirgoals and objectives. They are using innovative ideas to develop better quality of products. Thefirm also control cost of their products and services in order to attract customers in the market.Financial performance-The financial performance is very strong of Boots company andthey have recorded the strong sales, with net income rising 20.3 percent to 950 million in thefourth month. Boots is South Korea based organization to increase their profit rate in day by dayand their overall profit is very high. Boots is expanding their business in South Korea. It will2Illustration1: The organizational Structure of Boots(Source: Organization Structure of Boots, 2017)
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