Unit 1 Business and the Business Environment Sample Assignment

Unit 1
Business and the Business Environment
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Table of contents
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Introduction
The combined factors form the environment of the business produce some effects based on each
of their characteristics. On the other hand, business indicates the activities such as producing or
servicing, management, financing, human resourcing, and marketing. Each of these activities
receives some effects from the role of each factor inside any new or old business environment.
The terms "micro" and "macro" are strongly related to the business environment. The term micro
is related to some small factors such as consumer, market suppliers, and business competition.
On the other hand, the term "macro" is fitted with bigger business factors such as political
condition, economic factors and the condition of the social area, environmental factors, and the
factors related to technology. Through this report, an evaluation has been conducted only for the
business environment related to Blue Associates Sportswear Ltd. Functioning as a junior
insight’s strategist for Blue Associates Sportswear report will include an analysis of the business
for developing a business plan for Blue Associates Sportswear, the complete measurement for
the business-based performance of Blue Associates Sportswear in order to make a comparison
between forecasted data and the actual one, the collection work of the intelligence based on the
current technology current industry and consumer trends. Generally, the informative concepts
related to these three areas are available throughout this report. Business activities functioned by
Blue Associates Sportswear will be discussed in the first section (portion) of this full report
whereas the first portion (area) will focus more on the PESTLE technique. Besides, the SWOT
analysis method for Blue Associates Sportswear will be shown in the second portion (area).
The organizations take the varieties of formation and it is directly dependent on the nature and
the market size of the business (Dupree, 2020). Now, the business types have been discussed
based on their market size and their possible growth here,
Private organization:
The private organizations have no relation with share issuing work in the public are for the
capital raising rather the private organizations hold the owner who themselves source the capital
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for initiating the business. One portion of the income is sent to the government as the tax and the
rest of the portion is held by the owners as the profit. The board of administrators holds the
power of controlling the principles of the private business (Morrison, 2020).
Voluntary Organization:
The voluntary organization holds no aim of earning profit rather its business intention works
more on serving the poor societies in the world. By the contribution of some donors or
philanthropists, the finance for the voluntary organizations has been done. The poor people who
seek education, medication, shelter, and even food & clothes get the most support from the
voluntary organizations (Nica, 2021).
Public organization:
Public organizations are the opposite of private organizations whereas the owner of the business
is no one but the company itself. The capital financing for the public organizations is conducted
by the issuing of the preplanned amount of the share among the interested public with the help of
the share market. The owners of the public organizations are all the shareholders. Like: Unilever
PLC is one public organization that has a name in the stock exchange and shareholders of
Unilever PLC can trade the share of Unilever PLC with the help of the share market (Morrison,
2020).
The discussion in this area is related to the
scope, vision, legal structure, and the
stakeholders of every private, public, and
voluntary organization:
Public organization:
Public organizations are run under the
supervision of governmental rules, so
support from the government is available for
the private organization. The larger profit
portion from the huge revenue scale helps
the public organizations to be expanded
according to their expected size. The vision
of the private organizations lies in growing
more and more than the rivals.
Size and scope
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