Nature of Business Assignment

Added on - 12 Nov 2020

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Context of business
Table of ContentsINTRODUCTION..........................................................................................................................3MAIN BODY.................................................................................................................................3Discuss about the changing the nature of business and consideration of the future organizationin global environment................................................................................................................3Evaluate the requirement of organizations and individual to manage the sustainably andresponsibly or behave ethically in the relation to environmental, social, cultural and economicissues..........................................................................................................................................4CONCLUSION..............................................................................................................................5REFERENCES................................................................................................................................6
INTRODUCTIONChange is a type of inevitable part of life which is important part of enterprise thatallows the organization to adopt its environment and also help to improve the market position.Enterprise will evolve to change their policy and procedure as per the requirement oforganizations. A business can be established but it need to successful sustain the enterprisethrough the resources such as finance. The Proper market condition is depends on the conditionand situation or demand of consumers (Nissenbaum, 2018). This documentation will discussabout the nature of business and considered the future growth of organization in the globalenterprise environment. Furthermore, this essay will describe the need and requirement ofindividual or organization to manage the responsibly and sustainably. Moreover, it will createrelation with the economics, social, environmental and cultural issues.MAIN BODYDiscuss about the changing the nature of business and consideration of the future organization inglobal environment.In Today's world, The changing the dynamic and modern world so that business were carried outmany years and rapidly change as per the need of organization(Tallman, Luo and Buckley,2018).Modern technology has changed the business process that impact on the productivity,income, employment etc. it also create an opportunities for change the nature of business andorganization.As the nature of work environment continuously change and new approach or trendshave emerged at the organizational, group and individual. The work force is nowdemographically diverse and old employees are represents as a significant subset of the workingpopulations(Roberts, 2018). It has increase the technology and also increases the complexity inthe business operations and functions. Furthermore, the interest of large scale organization hasgrown and many companies wanted to create new opportunities to increase the popularity inglobal environment. Society has a adopt the new things in quickly because many consumers areused the new techniques. It can lead to increase the advantages for both organization andemployees.The new trends can lead the unexpected consequences that impact on the individual andbusiness such as life balance, decrease job satisfaction and neglect the long term careerenhancement(Arnold, 2018). The rapidly increases the organization to use modern technology
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