UNIT 1 Business Environment - Report
Added on 2020-06-04
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UNIT 1BUSINESS ENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................1TASK 1............................................................................................................................................1P.1 Different types of organisations and growth in international business............................1P.2 Vision, mission, business objective and legal structure...................................................1P.3 Organisation function and how they link with objective.................................................1TASK 2............................................................................................................................................3P.4 PESTLE analyses.............................................................................................................3P.5 Internal and external analysis and influence the decision-making process......................4P.6 Strength and weakness interlinked with environment factor...........................................5CONCLUSION................................................................................................................................6REFERENCES................................................................................................................................8
INTRODUCTIONBusiness state of affairs is help to find out effective activity to set up the organisation. Inthis context size, scope is one of the most important parts to improve the growth rate in market.This report is based on TRACK GLOBAL GROUP organisation (Sekaran and Bougie, 2016).The company is basically located in the United Kingdom and provides different services ininsurance plus vehicle manufacture. In this report, may focussing on function and supply inmarket. Further, it covered external situation analyses to better the level of carrying into humanaction in market. TASK 1P.1 Different types of organisations and growth in international businessCovered in ppt P.2 Vision, mission, business objective and legal structureCovered in ppt P.3 Organisation function and how they link with objectiveOrganisation is itinerary on function and improves carrying into action level in market. Inthis context function or role of the organisation is one of the same things and main aim is toprovide some most important part are as follows;- To define the role of individual :- In working environment, each and every employee'srole is very important to find out capability of doing work in one day. It helps to managework and maintain relationship between employees with other departments as well.Organisation become more focus on each employees and about their work to identifythemselves (Sekaran and Bougie 2016). He can relate his position with other departmentto analyses working state of affairs and make some efforts in working environment. Therole of organisation must be link with the objective as because all eh duties should bealigned with objectives. Fixation of responsibility: - In fixation of responsibility is to be focus on behaviour andattitude is most important to solve any kind of problem in organisation (Bunawan, 2017).Each idiosyncratic is allotted a certain duty organizational structure precise what carryinginto action is expected of a social unit of the unit of the administrative division of theendeavour. This is to be fixation the role and responsibility is help to improve the market1
condition will be improve in overall development. It is very important that responsibilitythat is fixed should be aligned with objectives. Coordination :- In this context is to be concentration on coordination between internalworking environment. There is rise the need of coordination the activity of variousindividual about the level of work. They execute diverse, human activity and these richperson to be woven into the main cloth. Coordination is very important to achieve hegoals and objectives of organisation. Planning ;- Planning is decided where we are and where we want to be in the future. Tobe find out the future condition and make some improvement in growth rate. On the otherside, planning is one of the most important part and make some efforts to increasemarket. Planningis very important to achieve the goals and objectives of organisation. Proper utilization of resources ;- In this context is to be engrossment on each and everyresources is most important and make some effort to increase the market value and makesome change in internal working environment (Tukker and Tischner 2017.). There mustbe reduce the level of wastage and misapplication of human efforts in workingenvironment. This is one of the most important for economic development for beneficialfor future improvement and growth rate in market. If here is no utilization of resourcesthan it is not possible to achieve the goals and objectives. Organisation resources :- Organisation is to be used many things in working environmentand make some changes as per the need of the customer in market. Some resources are tobe used to help and increased the profit percentage. Efficient functioning :- In this function is to be centring on all the factor to be used ingreat functioning in working environment and make some correction in internal workplace. This is had reduced the level of duplication of work, overlapping and wastage ofresources in working environment. It advances speedy, ceaseless and businesslikerunning of the endeavour. All such is to be function of organisation and make some improvement in growth rate in market.In this way, function is help to achieve objective and make some improvement in workingenvironment (Tukker and Tischner 2017.). Moreover, proper planning is guide to solve problemand achieve objective of the organisation. There are some objectives are as follows :-To increase then level of trust and support and among organisation members. 2
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