Case Study - Nestle Company
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Added on 2020-01-07
Case Study - Nestle Company
Added on 2020-01-07
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Table of ContentsINTRODUCTION...........................................................................................................................................2UNDERSTAND THE ORGANIZATIONAL PURPOSES OF THE BUSINESS..........................................................2Identify the purposes of different types of organizations........................................................................2Describe the extent to which an organization meets the objectives of different stakeholders...............3Explain the responsibilities of an organization and strategies employed to meet them.........................4UNDERSTAND THE NATURE OF THE NATIONAL ENVIRONMENT IN WHICH BUSINESSES OPERATE.............5Explain how economic systems attempt to allocate resources effectively..............................................5Assess the impact of fiscal and monetary policy on business organizations and their activities.............5Evaluate the impact of competition policy and other regulatory mechanism on the activities of a selected organizations.............................................................................................................................6UNDERSTAND THE BEHAVIOR OF ORGANIZATIONS IN THEIR MARKET ENVIRONMENT.............................7Explain how market structure determines the pricing and output decisions of businesses....................7Illustrate the way in which market forces shape organizational responses using a range of examples. .7
Judge how the business and cultural environments shape the behavior of a selected organizations.....8BE ABLE TO ASSESS THE SIGNIFICANCE OF THE GLOBAL FACTORS THAT SHAPE NATIONAL BUSINESS ACTIVITIES....................................................................................................................................................9Discuss the significance of international trade to UK business organizations..........................................92
Analyze the impact of a global factors on UK business organizations......................................................9Evaluate the impact of policies of the European Union on UK business organizations.........................10CONCLUSIONS...........................................................................................................................................10...................................................................................................................................................................12INTRODUCTIONThe best explanation of business environment is sum of internal and external factorsbecause these factors can potentially affect any business organization beside its size and area ofoperation. Though these factors impact the overall business more negatively rather looking forpositive benefit but still there are no option left for these business house instead to deal with thesame. This assignment explains the business environment and its effect with help of taking a casestudy of Nestle, a packaged food product company.UNDERSTAND THE ORGANIZATIONAL PURPOSES OF THE BUSINESSIdentify the purposes of different types of organizationsThe mission and vision statement of company is to develop the strong business strategyand it further look to provide nutritional value to its consumers.The main purpose of Nestle isprovide best quality of goods and services to their targeted audience and try earn best profitmargin. The main purpose of private organization is sell their goods and services in internationalmarket try earn more profit margin. These companies are run by the individual person not by thegovernment or there is no interference of legal statutory bodies. They needs to promote theirgoods and services in international market in order to introduce them among people ans try tonincrease sale as well.The company has strong research and development department whichcontinuously work in favor to increase the nutritional aspect of different food product offered bycompany. (Aziz & Fady, 2013), There are different type of organizations and each have its3
different purpose to fulfill. There are majorly four type of organizations which are run by peopleor group of people but all have different method of earning and the purpose of business. Theexplanation of type of organizations have been explained below:Normal Business Organization – The normal business organization either providesgoods or services to people and in lieu of those services and goods, the organization demandsmoney in return from its customer which is recorded as revenue of business. The main purposeof these types of organization is attract more and more customers and try to earn large amount ofprofits as well. They have to use effective methods and approaches in order to increase theirearning and market presence as well. Through which they want to spared their businessinternational market and attract large number of people as well. The purpose of such businessorganization is purely profit earning. These business organizations hire people to work for them,who also demands money as salary.Non - Profit Organization – Non – profit organization are those organizations such asuniversities, hospitals which are operating to help people rather than focusing on profitability.Non profit organizations are incorporated for the purpose of social welfare. The main aims andobjectives of these companies are providing best quality services to people at cheaper rate inorder to improve their standard of living. Though, these organizations also take some amount asfees from people availing its services because it must pay basic salary to people working forthem and meet other managing expenses.Voluntary Organizations – Mutual organizations are clubs, trade unions which a personjoins willingly to get some advantage and here the person has to pay membership fees to availthe benefit. The aim of these is completing their goals and objectives and provide best customerservices to people. They needs to opted various types of methods and plans and try to implimentthem in order to meet their goals and objectives. Common Wealth Organization – Common wealth organizations are those organizations,which are basically run by government to help common public. These organizations do notcharge any money from public. These organizations are police, fire services etc.The different type of organization with which Nestle deal are given below.Suppliers: Suppliers are the one of the main entity with which Nestle deal. Under thisNestle give orders to suppliers and remain in contact with them. According to change insituation different quantity of raw material are purchased from the suppliers. 4
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