Business Environment and Strategy
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This assignment delves into the crucial connection between a business's environment and its strategic choices. It analyzes how various factors within the business environment, such as political, economic, social, technological, legal, and environmental (PESTLE) forces, shape and influence the development of effective business strategies. The assignment encourages critical thinking about the impact of these external pressures on businesses and how they can adapt and thrive in a dynamic marketplace.
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BUSINESS AND BUSINESS ENVIRONMENT
1
1
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Table of Contents
Introduction...................................................................................................................... 3
Part 1................................................................................................................................4
P1 Explaining different types of organisation and its legal structures..............................4
P2 Explaining size and scope of different types of enterprises........................................7
P3 Describing linkage between functions of entities and in what way, they link up with
objectives as well as structure of organisation.................................................................9
Part 2..............................................................................................................................11
P4 Identifying positive and negative influence that macro environment leave upon
operations of business................................................................................................... 11
P5 Conducting internal as well as external analysis......................................................15
P6 Explaining in what way, strength and weakness correlate with macro factors that are
external.......................................................................................................................... 17
Conclusion..................................................................................................................... 18
Reference List................................................................................................................ 20
Appendices.................................................................................................................... 24
2
Introduction...................................................................................................................... 3
Part 1................................................................................................................................4
P1 Explaining different types of organisation and its legal structures..............................4
P2 Explaining size and scope of different types of enterprises........................................7
P3 Describing linkage between functions of entities and in what way, they link up with
objectives as well as structure of organisation.................................................................9
Part 2..............................................................................................................................11
P4 Identifying positive and negative influence that macro environment leave upon
operations of business................................................................................................... 11
P5 Conducting internal as well as external analysis......................................................15
P6 Explaining in what way, strength and weakness correlate with macro factors that are
external.......................................................................................................................... 17
Conclusion..................................................................................................................... 18
Reference List................................................................................................................ 20
Appendices.................................................................................................................... 24
2
Introduction
Business Environment implies the surroundings that enfold the operation of a business
organisation. That includes various internal and external factors that are already present
and are outside the control of the organisation but definitely affects the performance and
survival potentiality. A business has to operate in response to the changes in these
factors; hence the primary feature of a business environment is the non-static behavior,
unpredictability about the exact changes in the environment or future happenings. It is
multifaceted and has far reaching impacts, such that a single change in the behavior of
one organisation leads to an entire change in the whole market. A business
environment consists of the internal environment that exists within the company, the
external environment including the micro environment. In this study the student has
talked about the different type and scope of an organisation, the various purpose that it
serves, the relationships between different organizations and its nexus to the
organizational objectives, the advantages and disadvantages of macro environment on
the business operation and the analysis of the internal and external factors of an
organisation that helps to identify its strength and weakness. The study focuses on two
of the organizations, BMW (Bavarian Motor works) and Amnesty International.
3
Business Environment implies the surroundings that enfold the operation of a business
organisation. That includes various internal and external factors that are already present
and are outside the control of the organisation but definitely affects the performance and
survival potentiality. A business has to operate in response to the changes in these
factors; hence the primary feature of a business environment is the non-static behavior,
unpredictability about the exact changes in the environment or future happenings. It is
multifaceted and has far reaching impacts, such that a single change in the behavior of
one organisation leads to an entire change in the whole market. A business
environment consists of the internal environment that exists within the company, the
external environment including the micro environment. In this study the student has
talked about the different type and scope of an organisation, the various purpose that it
serves, the relationships between different organizations and its nexus to the
organizational objectives, the advantages and disadvantages of macro environment on
the business operation and the analysis of the internal and external factors of an
organisation that helps to identify its strength and weakness. The study focuses on two
of the organizations, BMW (Bavarian Motor works) and Amnesty International.
3
Part 1
P1 Explaining different types of organisation and its legal structures
An organisation is a formal setup with a definite objective. It is a hierarchical
representation of authority, whereby each of its members works together to achieve one
common goal. The various types of organisation can be understood with the different
purposes that they serve. There are Private and public sector enterprise; voluntary,
formal and informal organisation.
Private organizations- These are owned and controlled by private individuals with the
motive of profit maximization.
Public sector organizations- These are controlled by the government with the sole
objective of the welfare of the people
Voluntary organisation- Group of individuals come together to form an organisation and
work towards a common goal. These sectors perform social duty, towards the
betterment of the community, and are non-profit and non-governmental. These are the
third sector, in contrast to the private and the public sector having a direct relation to the
civic society (Guay, 2016, p156)
Amnesty International is a non-governmental voluntary organisation that works in the
field of human rights, work on issues of human rights and comply with the international
legal regulations to curb human rights violations. It mobilizes public opinion and
pressurizes the government to prevent further abuse of human rights. The six main
target areas have been women, children and minority; torture; death penalty; rights of
refugee and prisoners of conscience and protection of human dignity. Amnesty is
against capital punishment, and hence it campaigns against death penalty, ensure free
and fair trial and proper food and living conditions for the prisoners, free and compulsory
education for children, preventing abortion and recruitment of children in hazardous
work including child soldiers, preventing illegal killing and torture, promote social and
cultural rights for the marginalized community and LGBT and uphold the rights of the
refugees. It is a global organisation employing more than 2400 staff in over 70
countries. It is financed by donations from worldwide members only and not from any
governmental organizations to remain free from any political influence.
4
P1 Explaining different types of organisation and its legal structures
An organisation is a formal setup with a definite objective. It is a hierarchical
representation of authority, whereby each of its members works together to achieve one
common goal. The various types of organisation can be understood with the different
purposes that they serve. There are Private and public sector enterprise; voluntary,
formal and informal organisation.
Private organizations- These are owned and controlled by private individuals with the
motive of profit maximization.
Public sector organizations- These are controlled by the government with the sole
objective of the welfare of the people
Voluntary organisation- Group of individuals come together to form an organisation and
work towards a common goal. These sectors perform social duty, towards the
betterment of the community, and are non-profit and non-governmental. These are the
third sector, in contrast to the private and the public sector having a direct relation to the
civic society (Guay, 2016, p156)
Amnesty International is a non-governmental voluntary organisation that works in the
field of human rights, work on issues of human rights and comply with the international
legal regulations to curb human rights violations. It mobilizes public opinion and
pressurizes the government to prevent further abuse of human rights. The six main
target areas have been women, children and minority; torture; death penalty; rights of
refugee and prisoners of conscience and protection of human dignity. Amnesty is
against capital punishment, and hence it campaigns against death penalty, ensure free
and fair trial and proper food and living conditions for the prisoners, free and compulsory
education for children, preventing abortion and recruitment of children in hazardous
work including child soldiers, preventing illegal killing and torture, promote social and
cultural rights for the marginalized community and LGBT and uphold the rights of the
refugees. It is a global organisation employing more than 2400 staff in over 70
countries. It is financed by donations from worldwide members only and not from any
governmental organizations to remain free from any political influence.
4
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The organisation has paid professionals along with worldwide voluntary members. In
countries having a strong influence, the members are divided into sections which
coordinate the activities. In countries where the presence is not much strong, people
can become voluntary members. International Secretariat is responsible for setting a
global agenda and carries out the daily work of Amnesty under the direction of the
International Board. It consists of 500 staff under the Secretary General. The
International Board takes decision for the organisation, implements the strategy laid
down by the International Council and ensures that the daily working complies with the
relevant laws. It has 8 members and an international treasurer. The International
Council, the senior most decision-making body, consists of a Chairperson and
representatives from International Board and country sections. It elects the members of
International Board, set the strategic goal and the policies of the organisation and
amend the Amnesty law. Apart from this hierarchical division, in 2013, Amnesty
launched the global council, which is a forum that brings people from various other
fields to work towards the common cause of human rights. More than 80 country
sections provide the funding and membership to Amnesty. These sections consist of
local groups like university students).
The Bavarian Motor works is the leading German automobile company founded in 1916.
It is the parent company of Rolls-Royce Motor Cars and it produces motorcars under
the ‘BMW Motorsport Division,’ Motorcycles under ‘BMW Motorrad’, and plug-in electric
cars. It offers efficient and dynamic luxurious cars with efficient engine emitting less
pollution. The most innovative model is the BMW iPerformance providing the most
efficient and smooth driving, having the three components of electric motor, lithium-ion
high durable battery and an intelligent energy management. It has followed the three
main objectives of Sustainability, Efficiency and Environmental Responsibility that has
made it unique from the rest companies. The Supervisory Board is the highest
authorized body, with 20 members under it divided into four committees of Personal,
Nomination, Audit and Mediation. Next is the Board of Management that controls the
BMW Group Compliance Committee consisting of six more departments. According to
the 2016 report, BMW has around 124,729 employees.
5
countries having a strong influence, the members are divided into sections which
coordinate the activities. In countries where the presence is not much strong, people
can become voluntary members. International Secretariat is responsible for setting a
global agenda and carries out the daily work of Amnesty under the direction of the
International Board. It consists of 500 staff under the Secretary General. The
International Board takes decision for the organisation, implements the strategy laid
down by the International Council and ensures that the daily working complies with the
relevant laws. It has 8 members and an international treasurer. The International
Council, the senior most decision-making body, consists of a Chairperson and
representatives from International Board and country sections. It elects the members of
International Board, set the strategic goal and the policies of the organisation and
amend the Amnesty law. Apart from this hierarchical division, in 2013, Amnesty
launched the global council, which is a forum that brings people from various other
fields to work towards the common cause of human rights. More than 80 country
sections provide the funding and membership to Amnesty. These sections consist of
local groups like university students).
The Bavarian Motor works is the leading German automobile company founded in 1916.
It is the parent company of Rolls-Royce Motor Cars and it produces motorcars under
the ‘BMW Motorsport Division,’ Motorcycles under ‘BMW Motorrad’, and plug-in electric
cars. It offers efficient and dynamic luxurious cars with efficient engine emitting less
pollution. The most innovative model is the BMW iPerformance providing the most
efficient and smooth driving, having the three components of electric motor, lithium-ion
high durable battery and an intelligent energy management. It has followed the three
main objectives of Sustainability, Efficiency and Environmental Responsibility that has
made it unique from the rest companies. The Supervisory Board is the highest
authorized body, with 20 members under it divided into four committees of Personal,
Nomination, Audit and Mediation. Next is the Board of Management that controls the
BMW Group Compliance Committee consisting of six more departments. According to
the 2016 report, BMW has around 124,729 employees.
5
Figure 3: The number of employees (2006 to 2016)
(Source: Bmw.co.uk.2017)
According to the Wall Street Journal, the annual revenue has been 94,163 in 2016,
92175 in 2015 and 80,401 in 2014. The gross annual income is 22,663 in 2016, 24,467
in 2015 and 22,639 in 2014. In 2014, BMW was ranked the second most valuable brand
globally reaching the brand value of 25.7 billion U.S Dollars. The global market share
grew from 2% in 2000 to 3% in 2014 (Bmw.co.uk, 2017)
Figure 4.BMW global market share from (2000 to 2014)
(Source: Bmw.co.uk. 2017)
6
(Source: Bmw.co.uk.2017)
According to the Wall Street Journal, the annual revenue has been 94,163 in 2016,
92175 in 2015 and 80,401 in 2014. The gross annual income is 22,663 in 2016, 24,467
in 2015 and 22,639 in 2014. In 2014, BMW was ranked the second most valuable brand
globally reaching the brand value of 25.7 billion U.S Dollars. The global market share
grew from 2% in 2000 to 3% in 2014 (Bmw.co.uk, 2017)
Figure 4.BMW global market share from (2000 to 2014)
(Source: Bmw.co.uk. 2017)
6
P2 Explaining size and scope of different types of enterprises
According to Becker (2017, p.2), every business venture need to expand their business
overseas in order to earn huge profit in long run of their businesses. BMW and Amnesty
International are two different types of organisation that serve different purposes of
society. Both these organisations have been serving people for a large number of years.
Amnesty International fights for human rights of people and provides them with justice
for betterment of this society. On the other hand, BMW is a manufacturer of world’s best
quality cars and is very popular across globe. Size and scope of both these ventures
are immensely high that is why; they are working day and night to meet expectations of
people. Ostos et al. (2017, p.62) mentioned that size of organisations can be
determined by examining its numbers of employees, market share and gross annual
turnover. Scope includes coverage of products in both national and international market.
Besides, service provisions are also included in scope of an organisation.
Size of BMW
Number of employees: This Company has provided employment to huge section of
people in society. Large section of people eagerly desires to work with this company
because it has made sustainable profit from its years of origin. It has been serving in
this sector for over 100 years. Employee number has crossed billions in this sector. It
has made glorifying performance in manufacturing cars and selling them in market.
Different innovation is being made in its quality of products for successful execution of
business.
Market Share: Schaper (2017, p.1085) commented that companies that have
maintained high margin of profit for its years of origin, is bound to earn great range of
share from market. Similarly, BMW too has attained success in field of car
manufacturing. It manufactures luxury vehicles, motorcycles and engines of cars.
Business execution is being done in a smooth manner therefore; it has succeeded in
gaining approx 6915 billions of profit in recent years.
Gross annual turnover: Decock and Spiessens (2017, p.77) mentioned that annual
turnover of organisations needs to be strong for ensuring huge profit in business
environment. BMW try to maintain great margin of annual turnover in order to conduct
7
According to Becker (2017, p.2), every business venture need to expand their business
overseas in order to earn huge profit in long run of their businesses. BMW and Amnesty
International are two different types of organisation that serve different purposes of
society. Both these organisations have been serving people for a large number of years.
Amnesty International fights for human rights of people and provides them with justice
for betterment of this society. On the other hand, BMW is a manufacturer of world’s best
quality cars and is very popular across globe. Size and scope of both these ventures
are immensely high that is why; they are working day and night to meet expectations of
people. Ostos et al. (2017, p.62) mentioned that size of organisations can be
determined by examining its numbers of employees, market share and gross annual
turnover. Scope includes coverage of products in both national and international market.
Besides, service provisions are also included in scope of an organisation.
Size of BMW
Number of employees: This Company has provided employment to huge section of
people in society. Large section of people eagerly desires to work with this company
because it has made sustainable profit from its years of origin. It has been serving in
this sector for over 100 years. Employee number has crossed billions in this sector. It
has made glorifying performance in manufacturing cars and selling them in market.
Different innovation is being made in its quality of products for successful execution of
business.
Market Share: Schaper (2017, p.1085) commented that companies that have
maintained high margin of profit for its years of origin, is bound to earn great range of
share from market. Similarly, BMW too has attained success in field of car
manufacturing. It manufactures luxury vehicles, motorcycles and engines of cars.
Business execution is being done in a smooth manner therefore; it has succeeded in
gaining approx 6915 billions of profit in recent years.
Gross annual turnover: Decock and Spiessens (2017, p.77) mentioned that annual
turnover of organisations needs to be strong for ensuring huge profit in business
environment. BMW try to maintain great margin of annual turnover in order to conduct
7
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its business properly. As a result, it has succeeded in maintaining a paramount position
in international market.
Scope of BMW
Coverage in national and international market: This enterprise has very strong
control over both national and international market. It has started to expand its business
in foreign market since 1920s. As a result, it could manage to keep a strong hold in
international market and maintain huge competition in market.
Service provision: BMW has provided quality services to people, which cannot be
provided by other companies. This company has given warranty of one year in its
accessories of products. In addition to this, products of this venture provide immense
mileage that can never be given by other competitors. In this way, scope of this entity is
large in business environment.
Purpose of BMW: the purpose of BMW is to make and produce the automobiles in the
organization. It is evident that the support of the BMQW is in the building of the cars and
the services and the automobiles in the organization.
Size of Amnesty International
Number of employees: It is a non-governmental venture that serves people for
protecting their human rights. More than 7.5 million employees work under this
organisation along with several supporters. This makes them more active and they try to
deliver their best services for people.
Market Share: This enterprise has worked in this field for about 55 years. It has
supported rights of people at every step thereby, gaining huge popularity in market.
Several investors and supporters willingly support in this noble deed of this entity. As a
result, it has succeeded in maintaining good amount of market share in both national
and international markets.
Gross Annual Turnover: This Company can be able to fight for large sections of
people in society that has led to gain pioneer position in non-profit sector. That is why;
gross annual turnover has been increased greatly. Baumane-Vītoliņa et al. (2017, p.48)
opined that non-governmental organisations attain success when they can involve more
people under their support. This company has achieved such position in market.
Scope of Amnesty International
8
in international market.
Scope of BMW
Coverage in national and international market: This enterprise has very strong
control over both national and international market. It has started to expand its business
in foreign market since 1920s. As a result, it could manage to keep a strong hold in
international market and maintain huge competition in market.
Service provision: BMW has provided quality services to people, which cannot be
provided by other companies. This company has given warranty of one year in its
accessories of products. In addition to this, products of this venture provide immense
mileage that can never be given by other competitors. In this way, scope of this entity is
large in business environment.
Purpose of BMW: the purpose of BMW is to make and produce the automobiles in the
organization. It is evident that the support of the BMQW is in the building of the cars and
the services and the automobiles in the organization.
Size of Amnesty International
Number of employees: It is a non-governmental venture that serves people for
protecting their human rights. More than 7.5 million employees work under this
organisation along with several supporters. This makes them more active and they try to
deliver their best services for people.
Market Share: This enterprise has worked in this field for about 55 years. It has
supported rights of people at every step thereby, gaining huge popularity in market.
Several investors and supporters willingly support in this noble deed of this entity. As a
result, it has succeeded in maintaining good amount of market share in both national
and international markets.
Gross Annual Turnover: This Company can be able to fight for large sections of
people in society that has led to gain pioneer position in non-profit sector. That is why;
gross annual turnover has been increased greatly. Baumane-Vītoliņa et al. (2017, p.48)
opined that non-governmental organisations attain success when they can involve more
people under their support. This company has achieved such position in market.
Scope of Amnesty International
8
Coverage in widespread arena: This enterprise has expanded their area of work in
several countries across globe. It tries to provide justice to people in such a way that
peace in world can be spread suitably. This company has also provided funds to various
organisations that are working for welfare of society. As a result, successful expansion
of business is being noticed in this entity.
Service provision: As per Artto et al. (2017, p.150), service provision in non-profit
ventures leads to attain their business goals and objectives. Since this firm fights for
human rights of people, it can be able to remove conflicts of people. This helps them to
build a healthy impression regarding their company among masses.
Purpose of Amnesty international: the purposed of Amnesty International is to make
sure that there is enough support to the people in the society It is clear tyhatb the view
of the Amnesty international is to grre4atly support the required and the minor group of
the people in the society to gain and access their rights and authority.
P3 Describing linkage between functions of entities and in what way,
they link up with objectives as well as structure of organisation
Kuznetsova and Markova (2017, p.450) explained that organisations have different
types of functions like HR functions, finance, sales as well as manufacturing, which
needs to performed accurately for ensuring beneficial outcomes. Every venture sets
their objectives before starting their business. This helps them to plan events of suitably
and develop proper structure in order to conduct work. In BMW, HR functions need to
be conducted properly for gaining advantages in business. HR department needs to be
very effective because based on their functions, profit can be ensured in business
environment of BMW. HR of this company is inclined towards attaining organisational
profit. This helps them to conduct their work properly for successful running of business.
Finance department of BMW looks after market revenue and profits accurately. This
department develops plan in what way, amount of profit can be increased by investing
fewer amounts.
As a result, finance needs to function properly in this entity as it guides this venture
towards its victory. Sales and production unit of every entity need to be very active so
9
several countries across globe. It tries to provide justice to people in such a way that
peace in world can be spread suitably. This company has also provided funds to various
organisations that are working for welfare of society. As a result, successful expansion
of business is being noticed in this entity.
Service provision: As per Artto et al. (2017, p.150), service provision in non-profit
ventures leads to attain their business goals and objectives. Since this firm fights for
human rights of people, it can be able to remove conflicts of people. This helps them to
build a healthy impression regarding their company among masses.
Purpose of Amnesty international: the purposed of Amnesty International is to make
sure that there is enough support to the people in the society It is clear tyhatb the view
of the Amnesty international is to grre4atly support the required and the minor group of
the people in the society to gain and access their rights and authority.
P3 Describing linkage between functions of entities and in what way,
they link up with objectives as well as structure of organisation
Kuznetsova and Markova (2017, p.450) explained that organisations have different
types of functions like HR functions, finance, sales as well as manufacturing, which
needs to performed accurately for ensuring beneficial outcomes. Every venture sets
their objectives before starting their business. This helps them to plan events of suitably
and develop proper structure in order to conduct work. In BMW, HR functions need to
be conducted properly for gaining advantages in business. HR department needs to be
very effective because based on their functions, profit can be ensured in business
environment of BMW. HR of this company is inclined towards attaining organisational
profit. This helps them to conduct their work properly for successful running of business.
Finance department of BMW looks after market revenue and profits accurately. This
department develops plan in what way, amount of profit can be increased by investing
fewer amounts.
As a result, finance needs to function properly in this entity as it guides this venture
towards its victory. Sales and production unit of every entity need to be very active so
9
that company can reach numerous people with innovative items (Lampadarios et al.
2017, p.200). This company has set an objective to earn more by satisfying demands of
people. Sales department of this enterprise promotes their products conveniently.
Moreover, manufacturing department does not keep a flaw in their work for betterment
in quality of products generated. Organisational structure has been kept in such a way
that it would lead to bring success for this venture. Functions of this business house are
interrelated on each other. This lets them to shape structure of venture properly in order
to bring creativity in services provided to people. However, sometimes interrelations
create huge confusion in organisation thereby, developing weak structure of work in
enterprise.
That is why functioning of this enterprise has to be very operated duly so that profit
margin can be increased greatly. Kiyak and Pranckevičiūtė (2017, p.65) stated that non-
profit ventures maintain smooth structure in their workplace as it aids them to support
people properly. HR department of amnesty International works with other departments
accurately for proving beneficial for this entity. Finance part of this entity looks after in
what way, funds can be arranged for providing services to large number of people. It is
important to understand that employees of this venture need to work collectively for
guaranteeing excellence in work environment. Since it has to provide service to people,
it needs to work properly for gaining more success in business of this company.
Promotion of services of non-profit ventures is done by people, who use their services.
As a result, providing service to people is main area that is focused on mainly by these
organisations.
Being a service provider business house, every department of this entity works
collectively so that high quality services are provided to distressed people. Therefore,
structure of this enterprise will also be reformed when such activities occur. Apart from
this, complexities in structures of business can be removed when interrelation among
every function of enterprises occurs. Objectives of a public sector are that it provides
services to people for enhancing their living standards (Brunet-Thornton and Brunet-
Thornton, 2017, p.2). This organisation too serves people for such noble cause and has
10
2017, p.200). This company has set an objective to earn more by satisfying demands of
people. Sales department of this enterprise promotes their products conveniently.
Moreover, manufacturing department does not keep a flaw in their work for betterment
in quality of products generated. Organisational structure has been kept in such a way
that it would lead to bring success for this venture. Functions of this business house are
interrelated on each other. This lets them to shape structure of venture properly in order
to bring creativity in services provided to people. However, sometimes interrelations
create huge confusion in organisation thereby, developing weak structure of work in
enterprise.
That is why functioning of this enterprise has to be very operated duly so that profit
margin can be increased greatly. Kiyak and Pranckevičiūtė (2017, p.65) stated that non-
profit ventures maintain smooth structure in their workplace as it aids them to support
people properly. HR department of amnesty International works with other departments
accurately for proving beneficial for this entity. Finance part of this entity looks after in
what way, funds can be arranged for providing services to large number of people. It is
important to understand that employees of this venture need to work collectively for
guaranteeing excellence in work environment. Since it has to provide service to people,
it needs to work properly for gaining more success in business of this company.
Promotion of services of non-profit ventures is done by people, who use their services.
As a result, providing service to people is main area that is focused on mainly by these
organisations.
Being a service provider business house, every department of this entity works
collectively so that high quality services are provided to distressed people. Therefore,
structure of this enterprise will also be reformed when such activities occur. Apart from
this, complexities in structures of business can be removed when interrelation among
every function of enterprises occurs. Objectives of a public sector are that it provides
services to people for enhancing their living standards (Brunet-Thornton and Brunet-
Thornton, 2017, p.2). This organisation too serves people for such noble cause and has
10
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set their objectives accordingly. When interrelation occurs, it helps in adding victory to
this venture thereby, leading to growth.
Conclusion
From the above part it is evident that support of the business management of the
organization are in the terms of the better understanding of the situation which helps nin
the better development of the society and fior the society of the people.
Part 2
P4 Identifying positive and negative influence that macro environment
leave upon operations of business
Yang et al. (2017, p.256) informed that macro environment of business is done by
PESTLE analysis, which helps to know in what way; it has affected operations of
business.
The pestle analysis is the analysis that is used for the analysis of the business
environment in the organization. It is evident that the support of the Pestle analysis is in
terms of the situation, which is marked for the greater development of the organization.
The term PESTLE stands for Political, Economical, Social, Technological, Legal and
Environment
PESTLE analysis for BMW
Political Several rules and regulations have
been set for car industry for
stopping pollution (Lauring and
Bjerregaard, 2017, p.106). This
company had to comply with such
rules for better execution of
business.
Initiation of new scheme in UK has
led to manufacture large number of
11
this venture thereby, leading to growth.
Conclusion
From the above part it is evident that support of the business management of the
organization are in the terms of the better understanding of the situation which helps nin
the better development of the society and fior the society of the people.
Part 2
P4 Identifying positive and negative influence that macro environment
leave upon operations of business
Yang et al. (2017, p.256) informed that macro environment of business is done by
PESTLE analysis, which helps to know in what way; it has affected operations of
business.
The pestle analysis is the analysis that is used for the analysis of the business
environment in the organization. It is evident that the support of the Pestle analysis is in
terms of the situation, which is marked for the greater development of the organization.
The term PESTLE stands for Political, Economical, Social, Technological, Legal and
Environment
PESTLE analysis for BMW
Political Several rules and regulations have
been set for car industry for
stopping pollution (Lauring and
Bjerregaard, 2017, p.106). This
company had to comply with such
rules for better execution of
business.
Initiation of new scheme in UK has
led to manufacture large number of
11
high mileage car thereby,
increasing in sales of BMW.
Economical Extra capacity of cars was being
produced, which give rise to
increased revenue in marketing.
There was great enhancement in
GDP of country that affected
business of BMW.
Exchange rate has been reduced
that led to trouble.
Social Pattern of purchasing of products
has been changed.
Awareness related to emission of
harmful gases has increased
enormously.
Customers wanted to buy fuel-
efficient cars, which changed arena
of business environment for BMW.
Technological BMW has used latest technology for
gaining extra advantage in
competition.
Sophisticated designs have been
incorporated in cars for increasing
rate of sale of cars.
This company has made changes in
its car designs so that less pollution
occurs.
Legal Several laws related to pollution
and contamination of air has
affected business of BMW.
Strict laws have been made in
12
increasing in sales of BMW.
Economical Extra capacity of cars was being
produced, which give rise to
increased revenue in marketing.
There was great enhancement in
GDP of country that affected
business of BMW.
Exchange rate has been reduced
that led to trouble.
Social Pattern of purchasing of products
has been changed.
Awareness related to emission of
harmful gases has increased
enormously.
Customers wanted to buy fuel-
efficient cars, which changed arena
of business environment for BMW.
Technological BMW has used latest technology for
gaining extra advantage in
competition.
Sophisticated designs have been
incorporated in cars for increasing
rate of sale of cars.
This company has made changes in
its car designs so that less pollution
occurs.
Legal Several laws related to pollution
and contamination of air has
affected business of BMW.
Strict laws have been made in
12
norms of EURO so that better
operation of business can be done.
This company had to follow such
laws for its betterment in business
environment.
Environmental Production of this company has
been changed as awareness
related to global warming has been
increased greatly.
Customers have showed interest in
using eco-friendly cars, which is
considered by this venture properly.
Table 1: PESTLE Analysis
(Source: Influenced by the view of Rosile, 2016, p.236)
PESTLE Analysis of Amnesty International
Political Taxation policies of UK
government affect business
of this venture.
Community development
services need to be done for
bringing growth among
people (Charles et al. 2017,
p.110). This entity conducts
its business accordingly for
better outcomes.
Economical Tightening economy has influenced
business practices of this entity.
Yang and Gabrielsson (2017,
p.245) opined that huge
unemployment in people impacts
13
operation of business can be done.
This company had to follow such
laws for its betterment in business
environment.
Environmental Production of this company has
been changed as awareness
related to global warming has been
increased greatly.
Customers have showed interest in
using eco-friendly cars, which is
considered by this venture properly.
Table 1: PESTLE Analysis
(Source: Influenced by the view of Rosile, 2016, p.236)
PESTLE Analysis of Amnesty International
Political Taxation policies of UK
government affect business
of this venture.
Community development
services need to be done for
bringing growth among
people (Charles et al. 2017,
p.110). This entity conducts
its business accordingly for
better outcomes.
Economical Tightening economy has influenced
business practices of this entity.
Yang and Gabrielsson (2017,
p.245) opined that huge
unemployment in people impacts
13
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directly upon businesses of non-
profit ventures. This enterprise is
also affected due to such economic
change.
Social Change in life styles of people is
impacting business environment of
this company.
Attitudes of people towards helping
people selfless have been
increased. As a result, this entity
can serve more people with passing
days.
Technological Obsolescence rate and transfer
speed have been improved with
rapid growth in technology (Aversa
et al. 2017, p.790). This company
can attain success with use of such
technology.
Recording of data regarding people
is kept suitably by using current
technology.
Legal Several laws like health and safety
laws and employments laws help in
changing work practices of non-
governmental entities.
These laws help this venture to
continue to work properly in their
work zone for ensuring profitable
aftermaths.
Environmental Environment protection laws are
being made so that any ill-conduct
14
profit ventures. This enterprise is
also affected due to such economic
change.
Social Change in life styles of people is
impacting business environment of
this company.
Attitudes of people towards helping
people selfless have been
increased. As a result, this entity
can serve more people with passing
days.
Technological Obsolescence rate and transfer
speed have been improved with
rapid growth in technology (Aversa
et al. 2017, p.790). This company
can attain success with use of such
technology.
Recording of data regarding people
is kept suitably by using current
technology.
Legal Several laws like health and safety
laws and employments laws help in
changing work practices of non-
governmental entities.
These laws help this venture to
continue to work properly in their
work zone for ensuring profitable
aftermaths.
Environmental Environment protection laws are
being made so that any ill-conduct
14
of people toward environment can
be recorded and suitable steps can
be taken (Graffeo, 2017, p.8).
This company has executed their
business by maintaining balance
with environmental effects.
Table 2: PESTLE Analysis of Amnesty International
(Source: In the perspective of Cai et al. 2016, p.50)
P5 Conducting internal as well as external analysis
As mentioned by Kowal (2017, p.770), SWOT analysis helps in identifying strengths,
weaknesses, opportunities and threats for every business enterprises so that they can
conduct their business accurately. For BMW and Amnesty International, SWOT analysis
will help in improving their decision-making process accordingly. This is so because
they can understand their strength and weaknesses appropriately, which will let them to
take proper decisions regarding their work processes. As a result, they can get an
opportunity to add more triumph in their business environment. This shows that SWOT
analysis is very important in gaining advantage in processes of business.
SWOT Analysis of BMW
Strengths
This company has successfully
maintained in business processes
correctly thereby, enhancing brand
value more.
It can sustain its leading position in
market by manufacturing exclusive
quality cars.
It has maintained a firm relationship
with its suppliers.
Weaknesses
Foss and Saebi (2017, p.210)
demonstrated that weaknesses
need to analysed with serious
concern for converting weaknesses
into strengths. This company
manufactures high cost products
thereby, not affordable to every
section of people in society.
Extra independence in market of
15
be recorded and suitable steps can
be taken (Graffeo, 2017, p.8).
This company has executed their
business by maintaining balance
with environmental effects.
Table 2: PESTLE Analysis of Amnesty International
(Source: In the perspective of Cai et al. 2016, p.50)
P5 Conducting internal as well as external analysis
As mentioned by Kowal (2017, p.770), SWOT analysis helps in identifying strengths,
weaknesses, opportunities and threats for every business enterprises so that they can
conduct their business accurately. For BMW and Amnesty International, SWOT analysis
will help in improving their decision-making process accordingly. This is so because
they can understand their strength and weaknesses appropriately, which will let them to
take proper decisions regarding their work processes. As a result, they can get an
opportunity to add more triumph in their business environment. This shows that SWOT
analysis is very important in gaining advantage in processes of business.
SWOT Analysis of BMW
Strengths
This company has successfully
maintained in business processes
correctly thereby, enhancing brand
value more.
It can sustain its leading position in
market by manufacturing exclusive
quality cars.
It has maintained a firm relationship
with its suppliers.
Weaknesses
Foss and Saebi (2017, p.210)
demonstrated that weaknesses
need to analysed with serious
concern for converting weaknesses
into strengths. This company
manufactures high cost products
thereby, not affordable to every
section of people in society.
Extra independence in market of
15
Use of advanced technology is a
big strength of this company.
UK and US.
This company possess high image
of its brand that is impacting directly
upon customers’ demands.
Opportunities
Large numbers of products though
there has been an economic
downfall in UK.
Usage of current technology.
Rate of interest is very less.
There is immense flexibility in
development as well as
manufacturing of products.
As stated by Velliaris and Pierce
(2017, p.62), popularity of every
venture need to be very high so that
execution of business can be done
profitably.
Threats
Immense competition in market.
Economic downfall might affect
business of this car manufacturing
company.
Enhancement in rate of fuel has
provided great threat to this
company.
Supply cost need to be very low so
that it cannot pose any threat on
companies (Zhou, 2017, p.170).
However, supply cost is high.
Table 3: SWOT Analysis of BMW
(Source: Bmw.co.uk, 2017)
SWOT Analysis of Amnesty International
Strengths
There is exemption of tax for this
venture. As a result, they serve
people selflessly without any
hindrance.
This company has expanded its
arena of business over large part.
Therefore, many people can
encounter with their work and
Weaknesses
Competitors have been increased in
great numbers in market. They are
also providing services to people.
Expenses cannot be covered up
sometimes, as it works in global
area.
Fund arrangements become tough,
sometimes, because unemployment
16
big strength of this company.
UK and US.
This company possess high image
of its brand that is impacting directly
upon customers’ demands.
Opportunities
Large numbers of products though
there has been an economic
downfall in UK.
Usage of current technology.
Rate of interest is very less.
There is immense flexibility in
development as well as
manufacturing of products.
As stated by Velliaris and Pierce
(2017, p.62), popularity of every
venture need to be very high so that
execution of business can be done
profitably.
Threats
Immense competition in market.
Economic downfall might affect
business of this car manufacturing
company.
Enhancement in rate of fuel has
provided great threat to this
company.
Supply cost need to be very low so
that it cannot pose any threat on
companies (Zhou, 2017, p.170).
However, supply cost is high.
Table 3: SWOT Analysis of BMW
(Source: Bmw.co.uk, 2017)
SWOT Analysis of Amnesty International
Strengths
There is exemption of tax for this
venture. As a result, they serve
people selflessly without any
hindrance.
This company has expanded its
arena of business over large part.
Therefore, many people can
encounter with their work and
Weaknesses
Competitors have been increased in
great numbers in market. They are
also providing services to people.
Expenses cannot be covered up
sometimes, as it works in global
area.
Fund arrangements become tough,
sometimes, because unemployment
16
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donate them without any issues.
Madonsela et al. (2017, p.278)
commented that for public ventures,
funding have to be gathered in
proper time in order to execute their
work properly. This company
continues to work in such manner
for ensuring profitable results.
is leading people to donate less.
Deficit of budget has created huge
problem in service providing of this
company.
Opportunities
Prajogo (2016, p.245) described
that working for charity is a big
opportunity for every non-profitable
enterprise. Similarly, this company
uses this opportunity for conducting
its business smoothly.
Promotion of services is done
properly because people are
satisfied after getting such services.
This shows that it can work in global
sector gloriously and attain more
success.
Threats
Economic crisis is a major threat for
non-profitable ventures (Sohi and
Malshe, 2016, p.152). This
company has to undergo such
threat.
Charity can be done properly if
funds are organized suitably.
Several complications regarding
services provided are faced when
business is being conducted in
global context.
Poor scandal might ruin image of
this entity. Such blunders can pose
serious threats upon businesses.
Table 4: SWOT Analysis of Amnesty International
(Source: Amnesty.org.uk, 2017)
P6 Explaining in what way, strength and weakness correlate with
macro factors that are external
In the opinion of Huhtala et al. (2016, p.75), strengths and weakness analysis helps in
understanding macro environment of business suitably. This will help in bringing
changes in business sectors. It is essential that both these organisations need to
17
Madonsela et al. (2017, p.278)
commented that for public ventures,
funding have to be gathered in
proper time in order to execute their
work properly. This company
continues to work in such manner
for ensuring profitable results.
is leading people to donate less.
Deficit of budget has created huge
problem in service providing of this
company.
Opportunities
Prajogo (2016, p.245) described
that working for charity is a big
opportunity for every non-profitable
enterprise. Similarly, this company
uses this opportunity for conducting
its business smoothly.
Promotion of services is done
properly because people are
satisfied after getting such services.
This shows that it can work in global
sector gloriously and attain more
success.
Threats
Economic crisis is a major threat for
non-profitable ventures (Sohi and
Malshe, 2016, p.152). This
company has to undergo such
threat.
Charity can be done properly if
funds are organized suitably.
Several complications regarding
services provided are faced when
business is being conducted in
global context.
Poor scandal might ruin image of
this entity. Such blunders can pose
serious threats upon businesses.
Table 4: SWOT Analysis of Amnesty International
(Source: Amnesty.org.uk, 2017)
P6 Explaining in what way, strength and weakness correlate with
macro factors that are external
In the opinion of Huhtala et al. (2016, p.75), strengths and weakness analysis helps in
understanding macro environment of business suitably. This will help in bringing
changes in business sectors. It is essential that both these organisations need to
17
compare their performance with macro factors. Micro and macro factors directly impact
business objectives as well as decision-making of business. Business aims for these
business houses are to reach a great height where no other venture can be able to
match up with them. Strength of BMW lies in its brand awareness among people. It is
required that every macro factor needs to be considered for sustaining competition in
market. Decision-making process regarding business of this venture will also be
moulded if such factors are taken into consideration.
However, weaknesses show that this company had to make some changes in their
methods of business execution so that more customers can be inclined towards their
services. Advancement in process of business can be seen when such factors are dealt
with proper care. Wu et al. (2016, 220) argued that this company had to use its
opportunity for making a strong hold over business. This will help in dealing with every
political, economical and social factor suitably. In addition to this, it is required that work
environment has to comply with rules and regulation of government. This will assist this
venture to continue to function gloriously in arena of work. Strengths of Amnesty
International show that services that are provided by them are tax-free. This can be
considered as a great help by government for such service provider sectors.
Schaper (2017, p.1082) claimed that political factors and economical factors help to
align work of every business sector accurately. This will support this venture to continue
to work in such a manner that can bring more profit. However, it is significant that
analysis of entire functioning of business environment needs to be done. This brings
proper result in workplace. Services provided for people by this enterprise are very
unique and they need to support more people, who are being separated from using their
human rights. Weakness is to stop ways of success. That is why; important measures
need to be adopted so that no limitation can restrict path of victory. This entity has
maintained proper business tactics and tried to improve their work processes suitably.
As a result, fruitful results can be ensured in coming years of business. Doh et al. (2016,
p.4) mentioned that macro factors need to be considered seriously because it leaves a
deep impact in business operation. Environmental factors and legal factors aids in
18
business objectives as well as decision-making of business. Business aims for these
business houses are to reach a great height where no other venture can be able to
match up with them. Strength of BMW lies in its brand awareness among people. It is
required that every macro factor needs to be considered for sustaining competition in
market. Decision-making process regarding business of this venture will also be
moulded if such factors are taken into consideration.
However, weaknesses show that this company had to make some changes in their
methods of business execution so that more customers can be inclined towards their
services. Advancement in process of business can be seen when such factors are dealt
with proper care. Wu et al. (2016, 220) argued that this company had to use its
opportunity for making a strong hold over business. This will help in dealing with every
political, economical and social factor suitably. In addition to this, it is required that work
environment has to comply with rules and regulation of government. This will assist this
venture to continue to function gloriously in arena of work. Strengths of Amnesty
International show that services that are provided by them are tax-free. This can be
considered as a great help by government for such service provider sectors.
Schaper (2017, p.1082) claimed that political factors and economical factors help to
align work of every business sector accurately. This will support this venture to continue
to work in such a manner that can bring more profit. However, it is significant that
analysis of entire functioning of business environment needs to be done. This brings
proper result in workplace. Services provided for people by this enterprise are very
unique and they need to support more people, who are being separated from using their
human rights. Weakness is to stop ways of success. That is why; important measures
need to be adopted so that no limitation can restrict path of victory. This entity has
maintained proper business tactics and tried to improve their work processes suitably.
As a result, fruitful results can be ensured in coming years of business. Doh et al. (2016,
p.4) mentioned that macro factors need to be considered seriously because it leaves a
deep impact in business operation. Environmental factors and legal factors aids in
18
successful conduction of business. No issues can be faced by this business sector if
they follow every rules and regulation that are set by ruling authorities.
Conclusion
The two organizations have excelled in their individual field, yet it has its own
weaknesses. The BMW, in spite of manufacturing economical and environment-friendly
cars, the fact remains that it is too expensive to be afforded by all customers, especially
the third world countries where the maximum of the population lives below the poverty
line. BMW can have the possibility of greater market profit and geographical expansion
if it is able to shift their focus from the manufacturing of only luxurious cars to some
more of cheaper rate models. Moreover, such companies act as a source of status
symbol, which brings in greater cultural differences and wider disparity between the rich
and the poor nations.
Amnesty International has been an active organisation in preventing the instances of
human rights violation globally, but its major problem is the funding. Because of its
worldwide applicability, it becomes difficult to maintain a proper fund, which is the only
source of income. People by nature have will issue when it comes to donating to such
organizations, which definitely affects their working worldwide. The problem can lessen
if there is one common fund box where donations from all over the world can get
deposited. In this digitalized era, it is much more efficient and handy to operate digitally,
opening an eAccount or mobile application to keep a record of the fund that is received
from all over the world.
19
they follow every rules and regulation that are set by ruling authorities.
Conclusion
The two organizations have excelled in their individual field, yet it has its own
weaknesses. The BMW, in spite of manufacturing economical and environment-friendly
cars, the fact remains that it is too expensive to be afforded by all customers, especially
the third world countries where the maximum of the population lives below the poverty
line. BMW can have the possibility of greater market profit and geographical expansion
if it is able to shift their focus from the manufacturing of only luxurious cars to some
more of cheaper rate models. Moreover, such companies act as a source of status
symbol, which brings in greater cultural differences and wider disparity between the rich
and the poor nations.
Amnesty International has been an active organisation in preventing the instances of
human rights violation globally, but its major problem is the funding. Because of its
worldwide applicability, it becomes difficult to maintain a proper fund, which is the only
source of income. People by nature have will issue when it comes to donating to such
organizations, which definitely affects their working worldwide. The problem can lessen
if there is one common fund box where donations from all over the world can get
deposited. In this digitalized era, it is much more efficient and handy to operate digitally,
opening an eAccount or mobile application to keep a record of the fund that is received
from all over the world.
19
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Reference List
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Aversa, P., Haefliger, S. and Reza, D.G., (2017). How to assess the value of a business
model portfolio?. Mit Sloan Management Review, 18(9), pp.784-790.
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Becker, K., (2017). Editorial. Journal of Transnational Management, 22(1), pp.1-3.
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Cai, D., Feng, T. and Zhang, Z., (2016). The Fit between External Involvement and
Business Environment: Evidence from Chinese Manufacturing Firms. International
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64.
Camillus, J.C., (2016). The wicked challenge of the business environment. International
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Charles, G., Jeppesen, S., Kamau, P. and Kragelund, P., (2017), January. Firm-level
Perspectives on State–Business Relations in Africa: The Food-processing Sector in
Kenya, Tanzania and Zambia. In Forum for Development Studies, 44(1), pp.109-131.
Clarke, G., Li, Y. and Xu, L.C., (2016). Business environment, economic agglomeration
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20
Amnesty.org.uk. (2017). Home. Available at: https://www.amnesty.org.uk/ [Accessed 5
Apr. 2017].
Artto, K., Ahola, T., Kyrö, R.K. and Peltokorpi, A., (2017). Managing business networks
for value creation in facilities and their external environments: a study on co-location.
Facilities, 35(1), pp.147-157.
Aversa, P., Haefliger, S. and Reza, D.G., (2017). How to assess the value of a business
model portfolio?. Mit Sloan Management Review, 18(9), pp.784-790.
Baumane-Vītoliņa, I., Baumane-Vītoliņa, I., Apsalone, M., Apsalone, M., Sumilo, E.,
Sumilo, E., Jaakson, K. and Jaakson, K., (2017). Ethical behaviour and honesty in post-
Soviet business environment. Baltic Journal of Management, 12(1), pp.46-62.
Becker, K., (2017). Editorial. Journal of Transnational Management, 22(1), pp.1-3.
Bmw.co.uk., (2017). Home. Available at: https://www.bmw.co.uk/ [Accessed on 16 Apr.
2017].
Brunet-Thornton, R. and Brunet-Thornton, R., (2017). Foreword to the special edition,
the return to Europe: a generation of re-inventing national identities. Baltic Journal of
Management, 12(1), pp.2-5.
Cai, D., Feng, T. and Zhang, Z., (2016). The Fit between External Involvement and
Business Environment: Evidence from Chinese Manufacturing Firms. International
Journal of Information Systems and Supply Chain Management (IJISSCM), 9(3), pp.46-
64.
Camillus, J.C., (2016). The wicked challenge of the business environment. International
Journal of Business Environment, 8(1), pp.19-31.
Charles, G., Jeppesen, S., Kamau, P. and Kragelund, P., (2017), January. Firm-level
Perspectives on State–Business Relations in Africa: The Food-processing Sector in
Kenya, Tanzania and Zambia. In Forum for Development Studies, 44(1), pp.109-131.
Clarke, G., Li, Y. and Xu, L.C., (2016). Business environment, economic agglomeration
and job creation around the world. Applied Economics, 48(33), pp.3088-3103.
20
Decock, S. and Spiessens, A., (2017). Customer complaints and disagreements in a
multilingual business environment. A discursive-pragmatic analysis. Intercultural
Pragmatics, 14(1), pp.77-115.
Doh, J.P., Luthans, F. and Slocum, J., (2016). The world of global business 1965–2015:
Perspectives on the 50th anniversary issue of the Journal of World Business:
Introduction to the special issue. Journal of World Business, 51(1), pp.1-5.
Foss, N.J. and Saebi, T., (2017). Fifteen Years of Research on Business Model
Innovation: How Far Have We Come, and Where Should We Go?. Journal of
Management, 43(1), pp.200-227.
Graffeo, M., (2017). Business and environment: Working less reduces emissions.
Nature Climate Change, 7(1), pp.8-10.
Guay, T., (2016). Sustaining the Competitiveness of Europe's Business Environment. In
the 23rd International Conference of Europeanists. Ces, 23(7), pp.156-190.
Huhtala, J.P., Vaniala, I. and Tikkanen, H., (2016). Market Orientation and Innovation in
Dynamic Competitive Markets. In Marketing Challenges in a Turbulent Business
Environment, Springer International Publishing, 55(6), pp.73-79.
Kiyak, D. and Pranckevičiūtė, L., (2017). Determining the relation between the business
environment and companies solvency factors in the post–crisis period. Ekonomika,
95(3), pp.64-80.
Kowal, J., (2017), January. Gender and Business Competences of Knowledge Workers
in Poland. In Proceedings of the 50th Hawaii International Conference on System
Sciences, 84(6), pp.769-800.
Kuznetsova, S. and Markova, V., (2017). New Challenges in External Environment and
Business Strategy: The Case of Siberian Companies. In Financial Environment and
Business Development, Springer International Publishing, 85(7), pp.449-461.
Lampadarios, E., Kyriakidou, N. and Smith, G., (2017). Towards a new framework for
SMEs success: a literature review. International Journal of Business and Globalisation,
18(2), pp.194-232.
Lauring, J. and Bjerregaard, T., (2017). Language use and international business: What
can we learn from anthropology?. HERMES-Journal of Language and Communication
in Business, 20(38), pp.105-117.
21
multilingual business environment. A discursive-pragmatic analysis. Intercultural
Pragmatics, 14(1), pp.77-115.
Doh, J.P., Luthans, F. and Slocum, J., (2016). The world of global business 1965–2015:
Perspectives on the 50th anniversary issue of the Journal of World Business:
Introduction to the special issue. Journal of World Business, 51(1), pp.1-5.
Foss, N.J. and Saebi, T., (2017). Fifteen Years of Research on Business Model
Innovation: How Far Have We Come, and Where Should We Go?. Journal of
Management, 43(1), pp.200-227.
Graffeo, M., (2017). Business and environment: Working less reduces emissions.
Nature Climate Change, 7(1), pp.8-10.
Guay, T., (2016). Sustaining the Competitiveness of Europe's Business Environment. In
the 23rd International Conference of Europeanists. Ces, 23(7), pp.156-190.
Huhtala, J.P., Vaniala, I. and Tikkanen, H., (2016). Market Orientation and Innovation in
Dynamic Competitive Markets. In Marketing Challenges in a Turbulent Business
Environment, Springer International Publishing, 55(6), pp.73-79.
Kiyak, D. and Pranckevičiūtė, L., (2017). Determining the relation between the business
environment and companies solvency factors in the post–crisis period. Ekonomika,
95(3), pp.64-80.
Kowal, J., (2017), January. Gender and Business Competences of Knowledge Workers
in Poland. In Proceedings of the 50th Hawaii International Conference on System
Sciences, 84(6), pp.769-800.
Kuznetsova, S. and Markova, V., (2017). New Challenges in External Environment and
Business Strategy: The Case of Siberian Companies. In Financial Environment and
Business Development, Springer International Publishing, 85(7), pp.449-461.
Lampadarios, E., Kyriakidou, N. and Smith, G., (2017). Towards a new framework for
SMEs success: a literature review. International Journal of Business and Globalisation,
18(2), pp.194-232.
Lauring, J. and Bjerregaard, T., (2017). Language use and international business: What
can we learn from anthropology?. HERMES-Journal of Language and Communication
in Business, 20(38), pp.105-117.
21
Madonsela, N.S., Mukwakungu, S.C. and Mbohwa, C., (2017). Continuous Innovation
as Fundamental Enabler for Sustainable Business Practices. Procedia Manufacturing,
8(3), pp.278-283.
Ostos, J., Hinderer, H. and Bravo, E., (2017). Relationship between the business
environment and business strategy types: Evidence in Peruvian companies.
Universidad & Empresa, 19(32), pp.61-86.
Prajogo, D.I., (2016). The strategic fit between innovation strategies and business
environment in delivering business performance. International Journal of Production
Economics, 171(9), pp.241-249.
Rosile, G.A., (2016). Tribal Wisdom in Today’s Business Environment. In Tribal Wisdom
for Business Ethics, Emerald Group Publishing Limited, 36(4), pp.235-237.
Schaper, P., (2017). Under pressure: how the business environment affects productivity
and efficiency of European life insurance companiesAuthor-Name: Eling, Martin.
European Journal of Operational Research, 258(3), pp.1082-1094.
Schaper, P., (2017). Under pressure: how the business environment affects productivity
and efficiency of European life insurance companiesAuthor-Name: Eling, Martin.
European Journal of Operational Research, 258(3), pp.1082-1094.
Sohi, R.S. and Malshe, A., (2016). Learning to Improve New Product Outcomes. In
Marketing Challenges in a Turbulent Business Environment, Springer International
Publishing, 21(3), pp.151-159.
Velliaris, D.M. and Pierce, J.M., (2017). A Living ‘CCC'ase Study: A Business Focused
Action‐Learning Project. In Case Studies as a Teaching Tool in Management Education,
IGI Global, 25(9), pp.61-78.
Wu, X., Chandramohan, K. and Bali, A.S., (2016). Corporate Governance and Bribery:
Evidence from the World Business Environment Survey. In Financial Crimes:
Psychological, Technological, and Ethical Issues, Springer International Publishing,
11(3), pp.219-234.
Yang, M. and Gabrielsson, P., (2017). Entrepreneurial marketing of international high-
tech business-to-business new ventures: A decision-making process perspective.
Industrial Marketing Management, 21(3), pp.245-256.
22
as Fundamental Enabler for Sustainable Business Practices. Procedia Manufacturing,
8(3), pp.278-283.
Ostos, J., Hinderer, H. and Bravo, E., (2017). Relationship between the business
environment and business strategy types: Evidence in Peruvian companies.
Universidad & Empresa, 19(32), pp.61-86.
Prajogo, D.I., (2016). The strategic fit between innovation strategies and business
environment in delivering business performance. International Journal of Production
Economics, 171(9), pp.241-249.
Rosile, G.A., (2016). Tribal Wisdom in Today’s Business Environment. In Tribal Wisdom
for Business Ethics, Emerald Group Publishing Limited, 36(4), pp.235-237.
Schaper, P., (2017). Under pressure: how the business environment affects productivity
and efficiency of European life insurance companiesAuthor-Name: Eling, Martin.
European Journal of Operational Research, 258(3), pp.1082-1094.
Schaper, P., (2017). Under pressure: how the business environment affects productivity
and efficiency of European life insurance companiesAuthor-Name: Eling, Martin.
European Journal of Operational Research, 258(3), pp.1082-1094.
Sohi, R.S. and Malshe, A., (2016). Learning to Improve New Product Outcomes. In
Marketing Challenges in a Turbulent Business Environment, Springer International
Publishing, 21(3), pp.151-159.
Velliaris, D.M. and Pierce, J.M., (2017). A Living ‘CCC'ase Study: A Business Focused
Action‐Learning Project. In Case Studies as a Teaching Tool in Management Education,
IGI Global, 25(9), pp.61-78.
Wu, X., Chandramohan, K. and Bali, A.S., (2016). Corporate Governance and Bribery:
Evidence from the World Business Environment Survey. In Financial Crimes:
Psychological, Technological, and Ethical Issues, Springer International Publishing,
11(3), pp.219-234.
Yang, M. and Gabrielsson, P., (2017). Entrepreneurial marketing of international high-
tech business-to-business new ventures: A decision-making process perspective.
Industrial Marketing Management, 21(3), pp.245-256.
22
Paraphrase This Document
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Yang, Y., Yang, B., Humphreys, P., McIvor, R. and Cadden, T., (2017). An investigation
into E-business service in the UK telecommunication manufacturing industry.
Production Planning & Control, 28(3), pp.256-266.
Zhou, W., (2017). Institutional environment, public-private hybrid forms, and
entrepreneurial reinvestment in a transition economy. Journal of Business Venturing,
61(7), pp.169-180.
23
into E-business service in the UK telecommunication manufacturing industry.
Production Planning & Control, 28(3), pp.256-266.
Zhou, W., (2017). Institutional environment, public-private hybrid forms, and
entrepreneurial reinvestment in a transition economy. Journal of Business Venturing,
61(7), pp.169-180.
23
Appendices
Appendix 1: SWOT analysis
Appendix 2: PESTLE analysis
24
Appendix 1: SWOT analysis
Appendix 2: PESTLE analysis
24
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