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Business Organizations & Environments in a Global Context

   

Added on  2020-10-22

13 Pages3357 Words247 Views
Business Organizations
and Environments in a
Global Context
Business Organizations & Environments in a Global Context_1
Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Information on selected business organisation.......................................................................3
Discussion of an allocated business environment..................................................................4
Application of an appropriate analytical approach.................................................................7
CONCLUSION................................................................................................................................9
REFERNCES.................................................................................................................................10
Books and Journals........................................................................................................................10
Business Organizations & Environments in a Global Context_2
INTRODUCTION
Business organisation is defined as an entity of which the main aim is to carry on
commercial enterprises by rendering products and services so as to meet the needs of the
customers. Whereas when business is being carried out at global level an organisation get
surrounded by environment which effect in positive and negative way to the business and such
environment includes the external factors such as political, social , economical etc. The
organisation which is being chosen to carry out this report is Walgreens boot alliances which is a
American holding company with its headquarter in Deerfield Illinois (Bathelt, Malmberg and
Maskell, 2004). Apart from this it owns Walgreens boots and number of pharmaceutical
manufacturing, distribution and wholesale companies and was formed in 31dec, 2014. This
company is planning to expand their business operation which involves foreign direct investment
in the Czech Republic country in Europe which is known for its ornate castles, native bears etc.
Therefore this report explains about the information of selected business organisation and
discussion of the allocated business environment. Apart from this application of an appropriate
analytical approach is also being explained in this file.
MAIN BODY
Information on selected business organisation
The selected business organisation is Walgreens boot alliances which is a American
holding company with its headquarter in Deerfield Illinois. Apart from this it owns Walgreens
boots and number of pharmaceutical manufacturing, distribution and wholesale companies and
was formed in 31dec, 2014 (Boyacigiller and Adler, 2017). It produces a large number of
brandswhich includes Soltan, Botanics, Boots Laboratories. In addition to this it is a company
which is a largest retail pharmacy, health and daily living destination in all across the Europe and
U.S. Moreover this organisation and the companies in which it has has its equity method
investment together carry out their presence in more than 25 nations as well as employ more
than 415,000 individuals. Additionally, it has more than 18,500 stores in 11 countries as well as
term to be the largest global pharmaceutical distribution and wholesale network which caries out
its is distribution in more than 390 centres and render delivery to more than 230,000 pharmacies,
doctors, health centres etc. in each year (Walgreens Boots Alliance, Inc, 2019). Furthermore,
Walgreens Boots Alliance is considered to be one of the world largest prescription drugs
Business Organizations & Environments in a Global Context_3
purchaser as well as it has unmatched pharmaceutical supply chain and procurement expertise
which render customers with optimal efficiencies and innovative solutions. Along with this it
also has a portfolio of business and retail brands which includes Walgreens, Duane Reade as well
as increasingly global health and beauty brand products (Gupta and Govindarajan, 2004). In
Fortune magazine's 2019 this organisation was considered to be one of the world largest and
most admired companies which has ranked first in the drug store and food category. Moreover it
possess unique platforms for growth in emerging and developed markets. So Walgreens Boots
Alliance is planning to expand its expand their business operation which involves foreign direct
investment in the Czech Republic country in Europe which is known for its ornate castles,
native bears etc.
Discussion of an allocated business environment
Walgreen Boot Alliance company is planning to expand its business in Czech Republic
country in Europe but, there are certain business environment factors which greatly impact upon
organisation both in positive and negative way (Karpik, 2014).
Business environment refers to the surrounding which consist of several factors such as
political, economical, technological etc. all these factor will greatly impact upon Walgreen
Boot Alliance while expanding business in other nation name Czech Republic country in Europe.
So it is very much essential for the manager of an organisation to analyse the factors affecting
the business environment and which can be done with the help of PESTLE analysis technique.
PESTLE analysis
Business Organizations & Environments in a Global Context_4

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