BUSINESS ENVIRONMENT TABLE OF CONTENTS Task 13

BUSINESS
ENVIRONMENT

TABLE OF CONTENTS
Introduction......................................................................................................................................3
Task 1...............................................................................................................................................3
1.1 Purpose of different types of organization.............................................................................3
1.2 Organization meeting the objectives of different stakeholders..............................................5
1.3 Responsibilities of an organization........................................................................................6
Task 2...............................................................................................................................................7
2.1 Economic systems attempt to allocate resources effectively.................................................7
2.2 Impact of fiscal policy and monetary policy on Iceland supermarket...................................8
2.3 Impact of regulatory mechanism and competition policy on Iceland Supermarket..............9
Task 3...............................................................................................................................................9
3.1 Market structures determining the pricing and output decision.............................................9
3.2 Market forces shape Iceland Supermarket...........................................................................11
3.3 Business and cultural environments shape the behaviour of organization..........................11
Task 4.............................................................................................................................................12
4.1 Significance of international trade to Iceland Supermarket.................................................12
4.2 Impact of global factors on UK business organizations......................................................13
4.3 Impact of policies of the European Union on UK business organizations..........................14
Conclusion.....................................................................................................................................14
References......................................................................................................................................16
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INDEX OF TABLES
Table 1: Purposes of the Organization.............................................................................................4
Table 2: Objectives of the Stakeholders..........................................................................................6
Table 3: Types of Market Structure...............................................................................................10
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INTRODUCTION
The internal and external environment of business organization refers to as the business
environment. Business environment affect the activities of the organization in a different manner.
Further, it is highly important to assess the business environment in order to cope up with the
changes and opportunities prevailing in the environment (Allen and Raynor, 2011). Through this,
competitive advantage can b be achieved and the firm can also become industry leader. In this
report, business environment of Iceland Supermarket have been assessed and discussion have
been made on the understanding of organizational purposes. Further, the report describes the
national environment in which the organization is operating its businesses. In addition to this, the
report covers the behaviour of the company in the environment in which the working is carrying
out. Along with that, the discussion have been done on the assessment of significance of global
factors which help ion shaping the business activities (Burch, Dixon and Lawrence, 2013).
TASK 1
1.1 Purpose of different types of organization
Table 1: Purposes of the Organization
Iceland Supermarket KFC Cancer Research TFL
Mission The organization
wants to provide best
employees by
encouraging through
motivation and their
subordinate provide
that environment so
that they can give their
best, this feeling will
help them reaching
their goal (Allen and
Raynor, 2011).
Kentucky Fried
Chicken mission
is to sell its
product in good
pace, amiable
nature that
request to aware
for joy and make
avail health food
to consumer.
Cancer Research
mission is to
remove the cancer
with the support
of everyone.
To see everyone
healthy and provide
harmful radiation free
society and good
quality
Vision Iceland vision is to be Is to be the Cancer Research The vision is to make
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