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Business environment in a large organisation

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Added on  2020-01-07

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Business Environment TABLE OF CONTENTS INTRODUCTION 3 TASK 13 1.13 1.24 1.36 TASK 27 2.17 2.28 2.38 TASK 39 3.19 3.210 3.311 TASK 411 4.111 4.213 4.313 CONCLUSION 14 REFERENCES 15 INTRODUCTION Business environment refers to different internals and externals factors which have an impacts on the functions of the organisation. For example Primark is a public firm whose one of the primary motive is to provide suitable product to the right

Business environment in a large organisation

   Added on 2020-01-07

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TABLE OF CONTENTSINTRODUCTION..........................................................................................................................................................3TASK 1...........................................................................................................................................................................31.1..............................................................................................................................................................................31.2..............................................................................................................................................................................41.3..............................................................................................................................................................................6TASK 2...........................................................................................................................................................................72.1..............................................................................................................................................................................72.2..............................................................................................................................................................................82.3..............................................................................................................................................................................8TASK 3...........................................................................................................................................................................93.1..............................................................................................................................................................................93.2............................................................................................................................................................................103.3............................................................................................................................................................................11TASK 4.........................................................................................................................................................................114.1............................................................................................................................................................................114.2............................................................................................................................................................................134.3............................................................................................................................................................................13CONCLUSION.............................................................................................................................................................14REFERENCES..............................................................................................................................................................15
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INTRODUCTIONBusiness environment refers to different internals and externals factors which have animpacts on the functions of the organisation. This factors include the employees, customers,suppliers, 'political and the legal policies. Interaction in the environment of the business as itprovides the opportunities in order to attain the success in the organisation. There are differentconditions in the environment of business as it influences and affects at a high level. With thetime there are certain advancement in the society which increases the tools by the economic,political as well as the social conditions. Present report is based considering the fact of Primark,the Associated British Foods is the holding firm of Primark and Primark has been launched inIreland trading at Penny's in the year 1969. By the year 2000 there are more than 100 stores inIreland and Britain (Klapper, Lewin and Delgado, 2011). Further, this report relates to thepurpose and objectives of various stakeholders of Primark.The report also includes pricing anddecisions related to output which is determined by business . Additionally, it also covers thosemanner in which the forces of market provide a shape to the organisation. At last, there isimportance of the international trade to the organisation in UK. TASK 11.1Primark is a public Limited business and is a subsidiary firm of retail of the AssociatedBritish Foods group which deals with the broad range of products and services. The main motiveof the company is to provide appropriate quality and at a reasonable price. Primark treat all thecustomers in a equal manner and offer proper services. It helps in creating a huge customer baseso that they visit the stores again. The stated organisation provides a huge range of products suchas clothing, accessories and other items. The purpose of the business in the different categorieswhich is described below:Public Sector- These are those organisation who are and controlled by the regulatory bodies. Theere is one of the main aim of this companies is to provide services to public. The Nationalhealthcare system in UK as it is gain fund by the public business. It is also considered as one ofthe main player of the healthcare system(Craig and Campbell, 2012). For example Primark is apublic firm whose one of the primary motive is to provide suitable product to the right people
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and at right place. The purpose of the policy is to provide an equal opportunities as there is acommitment with the environment and with the potential employees. Charity- This is considered as the non-profit organisation as it different from the other NPO'sthere is one of the major goal is to attain the social well being. For example National Society forthe prevention of Cruelty to the Children as it is a charity body as they perform the functions inorder to prevent the children. The main purpose of them as to take proper care of the childrenand prevent them forms the exploitation and the violence. Cooperative- It is regarded as the kind of business that is controlled by its members. Themembers are in close association with the business as producers as well as consumers of itsproducts and services. They work for the shared goals and assist in attaining the targets of themembers in an effective manner. Private limited company: Private company is one whose shares are not being offered for thepurpose of sales. Further it carries out operations under legal requirement which are less strict incomparison with the public limited organization. For instance Wm Morrison is private firm thathas objectives of attaining the profitability because of which it is carrying out its operations. Theprimary motive of a private company to maximise its profitability and increasing its market share1.2For achieving desired goals and objectives of organisation the stakeholders plays anessential role as Primark has to fulfil the requirement of the different stakeholder of theorganisation. Stakeholders are the people who have a large stake in the company as they possessthe interest in the performance of the organisation (Commander and Svejnar, 2011). There aresome of the stakeholder of the company as discussed below which assist the company in meetingin objectives :Customers- The organisation provides the appropriate products at the reasonable prices at theright place as their main objectives are to offer proper value without any compromise in thequality and innovation. In order to achieve the targets it is essential to know the requirement ofthe customers. They are considered as the major stakeholder of the company who have the abilityto affect the functioning of organisation.They are key of the firm as without them the firm wouldnot be able to attain its target.
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