Impact of Innovation and Business Environment on Pets at Home Group Plc

Business Environment

EXECUTIVE SUMMARY
Business Environment is the collection of all those factors which affect the business operations
in negative or positive manner. In order to perform the functions of business firm in an effective
and efficient manner, it is crucial for the management of business to analyse the business
environment as it help in making the effective decisions at work place. Innovation help the
business in gaining the higher success and growth in the market which also aids to bringing the
improvement in profitability and productivity of organisation. This report deals with the impact
of innovation and the analysis of several factors of business environment.

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................2
INTRODUCTION...........................................................................................................................1
TASK...............................................................................................................................................1
Assess the impact of innovation on modern business organisations......................................1
Assess the general environment of the company to identify the major opportunities and
constraints it is facing.............................................................................................................3
Make two recommendations on how they can improve decision making in their company. 4
What are the ethical implications of decision making in their company ..............................5
CONCLUSION................................................................................................................................5
References:.......................................................................................................................................7