Various Organisations and their Purposes | Primark

Added on -2020-02-05

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BUSINESSENVIRONMENT
Table of ContentsINTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................31.1 Various organisations and their purposes.........................................................................31.2 Extent of Primark to meet objectives of their stakeholder...............................................51.3 Responsibilities of Primark ...........................................................................................6TASK 2............................................................................................................................................62.1 Economic system of various countries.............................................................................62.2 Impact of fiscal and monetary policies on business organisations. .................................72.3 Competition policy and regulatory mechanisms and their impact on other organisations8TASK 3............................................................................................................................................93.1 Pricing and output decisions of businesses is determine in the various structure............93.2 Market forces demand and supply effect organisation...................................................103.3 Business and cultural environment shape the organisation behaviours.........................11TASK 4..........................................................................................................................................124.1 Significance of international trade to the UK business organisations............................124.2 The impact of global factors on UK business organisation...........................................144.3 The impact of policies of the European Union on UK business organizations.............15CONCLUSION..............................................................................................................................16REFERENCES..............................................................................................................................17
INTRODUCTIONBusiness environment defined as factors which influence existence of the company. Suchfactors are internal and external factors. They effect environment as well as existence of theorganisation(Wu, 2009). External factors like political, legal related to government, social andtechnological. On the other hand, internal factors are cost incurred by the entity on raw materialetc. Stakeholder also effect the business environment of the company. Stakeholders like financeprovider, government, managers, customer and suppliers. Primark is the biggest product retailerwhich provide all types of product like fashion accessories, clothing and footwear. Theorganisation have some responsibilities to meet objective or goals of their stakeholders. Alsomake some planning and strategies to complete their task and satisfy their customer. Economicsystem refers to society collect all his effort and try to satisfy their customer or to meet theirneeds. China is the largest growing country which manufacture lots of product and deliver themin a world wide. Cuba has a finest economic system. Some organisations like public sector,charity and cooperative are incorporated for stated purpose or providing services to theircustomer in efficient manner. TASK 11.1 Various organisations and their purposes.Primark is the international clothing retailer which provide its product in a world wide.Primark engaged in a business of retailing all types of product like cloths, fashion accessories,foot wear and many more(Wild, Wild and Han, 2011). Primark offering a different scope ofproducts, including newborn clothes and children's clothing, women's apparel, men's apparel ,interior product, auxiliary, footwear, beauty items and confectionery. The organization exchangeapparel at the low price end of the marketplace at a lower average price. Also it provide varioustypes of services to their customers. It offers its product in a low price which are lower than theaverage rates. If the prices are low it doesn't mean the quality of product is low. They providebetter quality of product to their customer. This differentiate the Primark from the other brands.By it they generate more and more profit. Trendy fashion are organised by the Primark only. Theorganisation uses creative ideas and innovate things are continuously used by this company inorder to maintain its performance in a local market. The purpose is to provide good materialclothes at cheap price to the customer it increases the sales of the Primark. The want to generatemore and more profits from other countries and create new customers.
OrganisationsName of organisationsPurposesThe public sectorNHSNational Health Services(NHS) provide health careservices to their candidates andalso provide proper protectionto them. Government ofEngland is incorporate thisorganisation for the providingsocial services. Main servicesprovided by them are mentalhealth services. Alsogovernment give equalimportance to physical health.Main purpose NHS is givingsocial services to theirmembers. CharityWaterAidWaterAid is the internationalnon profit organisation of UK.With the help to local partnerthey provide clean water andtoilet and promote goodhygiene. They aware peopleabout bad effect caused by useof dirty water and toilets. Theyprovide education to their localpeople to prevent them fromdiarrhoea. CooperativeCo-op foodThe main purpose ofcooperative food is productionand distribution of food to theirlocal people. It is a consumers'

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