Business Environment Analysis of AstraZeneca UK Limited: A Report

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This report provides a comprehensive analysis of AstraZeneca UK Limited's business environment. It begins by outlining different types of organizations and their legal structures, highlighting AstraZeneca as a private limited company with a separate legal entity. The report then delves into a SWOT analysis, identifying the company's strengths, weaknesses, opportunities, and threats, focusing on consumer satisfaction, supply chain gaps, technological advancements, and competition from local distributors. A PESTLE analysis examines the political, economic, social, technological, legal, and environmental factors influencing AstraZeneca, including government regulations, economic conditions, social responsibility, technological advancements, and environmental concerns. Finally, the report discusses AstraZeneca's key business functions, emphasizing marketing, finance, and human resources, and concludes that a thorough understanding of the business environment is crucial for the company's smooth operation and continued success. This report is available for students on Desklib, where they can find a wide array of solved assignments and past papers.
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BUSINESS AND BUSINESS
ENVIRONMENT
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TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Different types of organizations along with their legal structures..............................................3
SWOT Analysation of AstraZeneca............................................................................................3
PESTLE Analysation of the AstraZeneca...................................................................................4
Business functions of the AstraZeneca.......................................................................................5
CONCLUSION................................................................................................................................5
REFERENCES................................................................................................................................6
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INTRODUCTION
Business environment plays an important role in making a business successful. It is consists of
those aspects that affects the business internally and externally. Proper analysation of these
elements helps in understanding the risk. Along with this, it also helps in guiding the ways under
which risk can mitigate. This report will illustrate the different types of business organizations.
Along with this, the report also describes the business environment of the AstraZeneca UK
limited.
MAIN BODY
Different types of organizations along with their legal structures
For understanding this in brief here is the different types of organization:
Public organizations- These are those organizations that are handled by the local or central
government. The administration is accountable for allocating the fund for these firms.
Private organizations. These are the companies who have their separate structure from the
owner of the company. It is the business entity surrounded with the private ownership. These
companies involve large number of shareholders. (Chahal, Jyoti, and Wirtz, 2019). These
companies mainly focuses on performing their CSR in order to have a good image in the society.
Voluntary organizations- These are the unincorporated associations, company by a limited
guarantee and a trust. These structures are mainly used by the small businesses.
AstraZeneca firm is one of the leading firm in producing prescription medicines. The
firm has large number of shareholders contributing towards the capital of the firm. The company
is a private limited company that means has a separate legal entity from the owner. The
shareholders are the actual owners of the company.
SWOT Analysation of AstraZeneca
SWOT refers to the strength, weakness, opportunities & threats to the firm. These are the internal
factors that affects the business:
Strengths- The company is providing high level of satisfaction to the consumers therefore, the
company has a high base of consumers. Firm is getting a good return on there capital that
boosting them to produce more products for their customers. .
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Weaknesses- The company took large gape in supplying the products in the market. This is one
of the main weakness of the firm. The products are highly demanded by the consumers but, the
firm take time in supplying the products.
Opportunities- The adoption of the latest technology has provided various opportunities to the
firm. This enabling the firm from overcoming their weakness of late supply. Good return on
capital leads to open up of various door in terms of establishing more production activities.
(Donner, Gohier, and de Vries, 2020).
Threats- The local distributors in medical sectors are growing on a high pace. This has been
considered as one of the biggest threat to the firm. It has been found from various studies, that
the firm has shortage of skilled workers this acts as a barrier in the success of the firm.
The SWOT Analysation of the firm shows that the firm has been proven effective in terms of
handling their internal factors.
PESTLE Analysation of the AstraZeneca
Political
factors
Economic
factors
Social factors Technological
factors
legal factors Environmental
factors
The
government of
the UK highly
focused on
those business
that are
involves in
making of
medicines as
these
businesses are
linked to the
health of the
people. (Čepel
and et.al.,
Aggregate
demand and
aggregate
supply is one
of the
important
element under
the economic
factor the firm
has slow
supply
capacity and
high demand.
It affects the
image of the
The company
has proven to
be very
effective in
terms of
performing
their social
ethics. The
CSR has been
completely
performed by
the firm.
Change in
technology
affects the
production
process of te
firm.
Therefore, the
firm is
completely
monitoring the
different
technologies
that can used
for the
production.
This involves
the laws and
legislations.
The company
is completely
following the
business law
such as:
employment
law & contract
law in order to
maintain legal
environment.
It involves the
responsibility
of the firm
towards
nature. The
firm is a
manufacturing
industry and
this leads to
the creation of
harmful gases
in the
environment.
Therefore, the
firm has
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2018).
Therefore, the
firm has to
discuss their
all the policies
with the
government
for ensuring
the smooth
running of the
business,
firm. approached
the concept of
afforestation
and green
house in order
to maintain the
image in the
market.
Business functions of the AstraZeneca
The company is mainly focusing on the marketing, finance and human resources in order
to perform efficient business functions. (Mihajlović and Trajković, 2020). These functions
collectively contributing in the success of the firm. The firm has performed all the PS of the
marketing that help in increasing the consumer that further increases the profit of the firm and
this results increasing more finance in the firm. The firm is appointing skilled workers in order to
increase production process.
CONCLUSION
The above report has come on a conclusion that, the proper understanding of the business
environment enables the firm in operating their business activities smoothly. Apart from this, the
report also describes that the firm AstraZeneca has proven to be more effective in order to
understand all the aspects of business environment that affects the business.
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REFERENCES
Books and Journals
Čepel, M., and et.al., 2018. Business environment quality index in the SME segment. Journal of
Competitiveness.
Chahal, H., Jyoti, J. and Wirtz, J., 2019. Understanding the Role of Business Analytics (pp. 1-8).
Springer.
Donner, M., Gohier, R. and de Vries, H., 2020. A new circular business model typology for
creating value from agro-waste. Science of the Total Environment. 716. p.137065.
Mihajlović, L.S. and Trajković, S., 2020. The importance of marketing instruments for market
approach and operation of export companies. Journal of Process Management. New
Technologies. 8(1).
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