Introduction to Business Studies

Introduction to business studies

Introduction
 This assignment involves the scenario through which different
types of services are given. It signifies strategic planning as
well as vision of organisation. It also provides explanation
regarding micro and macro elements that imposes direct impact
on operations and functions of organisation. It offers a brief
description regarding role of marketing, finance and HR
functions in company. In addition to this, there is also a
description regarding role of financial administration within
company (Alvarez, 2016).

Internal and external factors which impact on business
 There are different factor that impose direct impact on
the functions of business organisation. It involves
different kind of elements that is given below:
 Internal factors – Employees and managers
Money and Resources
Company culture
 External factors - Competition from other businesses
Politics and government policy
Customers and suppliers