organisational types and business environmental analysis
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Task 1 need to have LO1 and LO2 complete following all the instructions on the assessment brief
Task 2 LO3 and LO4 all instructions pp slides and notes to contain 1000-1200 words please read carefully the brief
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Organisational Types And Business Environment Analysis (Task 3&4)
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Introduction Business organizations are operated in dynamic market in order to achieve their different objectives and goals. There are several factors arises in business environment which can affect the business function either in positive or adverse manner.
Business Environment
Impact of micro-environmental factors ο¬Political ο¬Economical ο¬Social ο¬Technological ο¬Legal ο¬Environmental
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Internal analysis of organisation SWOT Analysis is essential to conduct by Volkswagen to analyse internal capabilities and weaknesses which gives an opportunity to them to eliminate their weak areas by enhancing their strengths.
Continue.. StrengthsWeaknesses It has wide range of cars which provides enough options to customers to choose as their own will and preferences. It has attained strong brand image at global market. It has employed more than 350,000 employees globally. Operated number of assemble plants in Germany, Slovakia, China, India etc. increases their global presence. High competitions from number of manufacturing companies which limited the market share growth for Volkswagen. Engaging in controversies related with emissions of the cars adversely affect their brand image at global level.
Continue.. OpportunitiesThreats Establish a strong relationship with non-German care manufacturers for longer time period. Continuous improvement in cars through implementing innovations can maximise their strength among their numerous rivals. Increasing buying power of people. Innovation implemented by their rivals restricted them to capture huge market share. Rising in fuel cost reduces the purchase of cars. Number of government policies and regulations to protect interest of local car manufacturers restrict them for further expansion in new market.
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Interrelation of macro-environmental factors Interrelation between macro-environmental factors and strength weaknessesassistmanagementofVolkswagentomake suitable changes in their existing policies and strategies in order to deal with influencing external factors with the help of using their strengths and by eliminating weaknesses.
Conclusion It has been concluded from the above project report that business organisationis operatedinmarket where the business environment is dynamic in nature. For this, the management should conduct PESTLE and SWOT Analysis to analyse external as well as internal factors respectively.
References Cai, S. and Yang, Z., 2014. On the relationship between business environmentandcompetitivepriorities:Theroleof performance frontiers.International Journal of Production Economics.151.pp.131-145. CuervoβCazurra, A., 2011. Global strategy and global business environment: the direct and indirect influences of the home countryonafirm'sglobalstrategy.GlobalStrategy Journal.1(3β4). pp.382-386. Helms, M.M. and Nixon, J., 2010. Exploring SWOT analysisβ where are we now? A review of academic research from the last decade.Journal of strategy and management. 3(3). pp. 215-251.
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