The Business Environment- Doc

Added on - 11 Nov 2020

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THE BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1PROJECT 1......................................................................................................................................1TASK 1............................................................................................................................................1P1 Describe two contrasting businesses.................................................................................1TASK 2............................................................................................................................................2P2 Different stakeholders influence the purpose of two businesses.......................................2M1 Different stakeholders influence aims and objectives of two organisation.....................3D1 Evaluate influence that different stakeholder exert one of an organisation.....................3TASK 3............................................................................................................................................3P3 Compare and contrast businesses on two organisation.....................................................3TASK 4............................................................................................................................................4P4 Organisational structure and strategic planning support two businesses in achieve theiraims and purpose....................................................................................................................4PROJECT 2......................................................................................................................................7TASK 1............................................................................................................................................7P5 Influence of two contrasting economic environment on business activities.....................7M2 Compare challenges to select business activities in an organisation in two economicenvironment............................................................................................................................7TASK 2............................................................................................................................................8P6 Analyse political, legal and social factors impact on business activities of business andtheir stakeholders....................................................................................................................8M3 Future changes on economic, political, legal and social factors impact on businessstrategy...................................................................................................................................9D2 Justified the recommendation for development of business activities.............................9CONCLUSION................................................................................................................................9REFERENCES..............................................................................................................................10
INTRODUCTIONBusiness environment consist with two factors internal and external which directlyimpact on business operations and its functions. It involves internal and external factors thatdirectly effect the business decisions and operations in effective manner (Aterido, Hallward-Driemeier and Pagés, 2011). The report is based on two businesses which are WALMARTwhich is multinational retailing company and it is situated in united kingdom. The main purposeof this assignment is to analyse the different operation of two businesses and they are differentlymeet with their aims and objectives.PROJECT 1TASK 1P1 Describe two contrasting businessesBusiness environment is the mixture of all internal and external factors within anenvironment such as sale and purchase, production, environment of effective businesssurroundings. This is a set of all political, legal, social, economical which directly impact on allactivities of an organisation. Business activity of two organisation on the basis of local, nationaland global level such as WALMART and NHS.NHSis the national not for profit organisation and it is the part of territory industry. Thisis private limited company which operated by government bodies and t will provide services rtothe common people.Business activities -NHS is operated at global level which main aim is to help vulnerablepeople in developing world so the people can gain power and get free from any issuessuch as poverty (Bryman and Bell, 2015).Business sector– It is public organisation which are operated and regulated bygovernment bodies.Business purpose– The main purpose of the NHS is to gives high quality based servicesto the country people. This company hire doctors, nurses and many other healthcareprofessionals.Ownership of the business– NHS is owned by department of government which is fullyresponsible for national health service that is led by Secretary of state for Health.1
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