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(Solved) Business Environment Of British Airways Assignment

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Added on  2020-01-07

(Solved) Business Environment Of British Airways Assignment

   Added on 2020-01-07

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Business Environment 1
(Solved) Business Environment Of British Airways Assignment_1
TABLE OF CONTENTSIntroduction .....................................................................................................................................3Task 1...............................................................................................................................................31.1 Purpose of different types of organization.............................................................................31.2 Key stakeholders of BA and how the organization meet their objectives ............................41.3 Responsibilities of BA towards all stakeholders and its response regarding the same ........52.1 Economic system that affects allocation of resources...........................................................52.2 Challenges faced by BA due to fiscal and monetary policy..................................................62.3 Impact of competition and regulatory policy........................................................................6Task 2 ..............................................................................................................................................73.1 Market structure of airline industry.......................................................................................73.2 Interplay of different market players shapes organizations response ...................................73.3 Impact of culture and working practices of different countries on BA.................................84.1 Impact of global trade regimes .............................................................................................84.2 Global factors which makes impact on British Airways.......................................................94.3 Measures can be taken by BA in order to remain competitive .............................................9Conclusion.....................................................................................................................................10References......................................................................................................................................112
(Solved) Business Environment Of British Airways Assignment_2
Illustration IndexIllustration 1: Types of stakeholders ...............................................................................................53
(Solved) Business Environment Of British Airways Assignment_3
INTRODUCTION Business environment is termed as the sum total of all the internal and external factorswhich are associated with an organization. In other words it is defined as the set of conditions inwhich a business performs or operates. In the current scenario it plays a very important role as ithelps organizations to understand the environment factors which can affect its operations andactivities. The present report is based on key aspects of business environment and BritishAirways has been taken consideration as an organization. This reports demonstrate how and whatkind of impact does the environment have on British Airways. TASK 11.1 Purpose of different types of organizationA social unit of individuals which have been managed and structured in order toaccomplish common goals is termed as an organization. There are two different type oforganization namely profit organizations and non-profit organizations. The prime objective ofprofit making organizations is to earn higher profits (Faul, 2008). Further they always seeks forthe ways thorough which they can increase their sales and market share. Profit organizations aresub divided into public and private enterprises. The public are owned by separate individuals andentities whereas public enterprises are usually controlled by government. On the other hand, thenon-profit organizations are those which operates with a prime purpose of development ofsociety. Rather than looking after sales and profitability, they try to remove the issues andproblem faced buy society such as poverty and child labor (Fernando, 2011). British airways is aUK based airlines which is also termed as BA. The organizations is considered as the profitorganization and it is a public limited company (Our strategy and objectives, 2012). The visionstatement of airlines is to become the worlds most responsible airlines. Its mission is to becomemore than airlines by developing good relation with customers and providing them with bestquality services. The short term objective of British Airways is to meet the need and demand ofcustomers and grow its presence in key global cities of the world (British airways, 2015). On theother side of this, the long term objectives of the brand is to become a sustainable organizationand become the airlines of choice for premium customers. 4
(Solved) Business Environment Of British Airways Assignment_4

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