Report on Business Environment Natwest
Added on 2020-06-06
13 Pages3765 Words32 Views
BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P1. Different types and purpose of organisations with their legal structure..........................1TASK 2...........................................................................................................................................1P3 Relationship between functions of various organisation...................................................1TASK 3............................................................................................................................................3P4 Positive and negative impact of macro environment........................................................3P5 Internal and external analysis of organisation to identify strength and weakness............5P6 Strength and weakness inter related with external factors................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONBusiness environment is an atmosphere where a business entity works and this termaffects operational and non-operational activities in any manner. When a person going to start hisventure then individual need to consider all aspects related to business environment in order toensure success (Ahmed, Aamir and Ijaz, 2011). Climate in which an organisation operates itsactivities is divided into two parts, one is micro and other is macro. Both of these factors havevital impact upon business activities whether positive or negative. Company chosen for thisreport is NATWAST. It is a commercial bank which is located in United Kingdom and providesfund to people at feasible interest rates. Major focus of this report is on many kind oforganisations which are private, public and voluntary. Herewith this, internal analysis thatincludes study of strengths and weaknesses will also be discussed in this report and other thanthis factors of macro environment are also to be analysed in this report further. TASK 1P1. Different types and purpose of organisations with their legal structureCovered in PPT.TASK 2P3 Relationship between functions of various organisationNATWEST is a large size retail and commercial bank which is set up in UnitedKingdom. They are providing their support and services across the globe. This bank followshierarchical structures in their business and this system is reflected in their actions,responsibilities, duties, obligations and many more and these are divided into appropriate mannerto staff members of company (Auzair, 2011). Top management has more duties than lower levelmanagement.There are various aims of NATWEST that are discussed as follow:It is necessary for for superior to improve their business operations as it aids them ingrowth and development.It is must for company that they should produce good quality products and services atreasonable rate so that each and every individual could buy it. It firm is able in improving their profits then they can easily serve better returns to theirstakeholders (Barnett and Salomon, 2012). 1
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