Contemporary Developments in Business & Management - Report
Added on -2020-07-22
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ContemporaryDevelopments in Businessand Management
EXECUTIVE SUMMARY Environment of business depend on the PESTEL forces of organization which determinesor monitor the business that can have either positive or negative impact on the company. Withthe decrease in capital and investment of business, the present economic downturn has just begunin the UK economy. Both macro and micro environment has main role in the industry ofbusiness. This report is studying the influence of these factors on Vodafone as well asorganisational culture and need of the changes in culture of enterprise. Also this is investigatingthe impact on the decision making and policies of Vodafone.
Table of ContentsEXECUTIVE SUMMARY ............................................................................................................1INTRODUCTION ..........................................................................................................................1TASK 1............................................................................................................................................1PESTLE analysis.........................................................................................................................1Porter Five forces model .............................................................................................................2TASK 2............................................................................................................................................31. Organisation culture and culture change and its impact on decision making and policies......32. Evaluate the effectiveness of the organization’s response.......................................................63. Areas for improvement ...........................................................................................................8CONCLUSION..............................................................................................................................10REFERENCES .............................................................................................................................12APPENDIX ...................................................................................................................................14
INTRODUCTION Business environment consist of external factors such as political, social, technological,social which have the ability to monitor and impact of a business and which can potentiallynegative as well as positive methods on the organisation. The internal environment of companyincludes various factors involves organisational culture, personnel and human resource terms andprocess which influence the whole company operations. Management have a very crucial role inorganizational administration of goals, mission, performing strategies and monitoring function.This study of Vodafone presents that enterprises are subjected various macro and microcomponents that have huge impact on the strategies and objectives of business. This projects will evaluate the macro environment of Vodafone which is one of thelargest telecommunication company provide a wide range of communication tools and servicesas well as analyse the position and feedback of enterprise. Also this will examine the impact oforganisational change and culture change on the decision making procedures and itseffectiveness of it by investigating the responses. Moreover, it is the study of whole changesprocess and improvement suggestion for Vodafone to evolve in market by analysing thefeedback and elements. Company ProfileVodafone is British multinational telecommunication that have expanded its business inmore than 26 nations consisting Asia, Europe, Africa, Oceania and 50 other additional nations.The network of organization have expanded in more than 150 countries all over in the globe. Theorganisation have been enlisted on the fifth largest revenues earning organization's position and2nd in regard of network according to the data of 2016. The company supply several exoticservices accompanying to telecommunication such as SIM cards, Wi-Fi services, phone deals,broadband offers and many others. TASK 1Each and every organization perform their operations in business environment where theyhave to face many situations. There are some macro and micro factors which can affect thepractices that are conducted by an enterprise. Macro are knowns as external which includespolitical, economic, social, legal, technological and environment. On the other hand, micro isrelated to the internal which includes employees, top executives and so on (Srdjevic, Bajceticand Srdjevic, 2012). Vodafone is one of the telecommunication industry and they perform their1
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