Bakery Bagietka Ltd: Evaluating Internal and External Business Factors

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Added on  2023/06/18

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This report provides an analysis of Bakery Bagietka Ltd., a UK-based bakery company, focusing on the impact of both internal and external factors on its business. External factors, such as political, environmental, economic, and legal aspects, as well as corporate social responsibility, are examined for their influence on the company's operations and profitability. The report also explores how Bakery Bagietka Ltd. impacts these external factors. Internal factors, including structure and production management, pricing strategies, employee selection, and supplier relationships, are assessed for their effects on the company's performance. The analysis references academic sources to support its findings on the interplay between the company and its environment.
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Introduction
Internal and external factors are important for a business
as it can create impact over survival and profitably of
business (Bozhalkina and Timofeeva, 2016). It is
important for managers of business to identify these
factors to find solutions of these problems. This project
report includes study of Bakery Bagietka Ltd. which is a
UK based Bakery company established vin the year 2007.
Bakery Bagietka Ltd. And Its Environment
Name of the Student
External Environment
External factors are those factors which are present outsider business
organisation. These factors create significant impact over business
and it is important for managers of business to identify these factors
and also ensure control over these factors (Stamenkov and Dika,
2016). These factors create impact over Bakery Bagietka Ltd. in
following ways:
Political
Legal
Economical
Technological
Impact of company on its
External Environment
There are various factors present outside business
which create impact over business but at same time,
business also create impact over thee factors. Bakery
Bagietka Ltd. Is creating impact on these external
environment in various ways which are as follows:
Political
Environmental
Economy
Corporate social responsibility
Internal Factors
Internal factors are those factors which are present inside
business and impact of these factors are in control of
business. Some of these factors which can create impact
on business of Bakery Bagietka Ltd. Are as follows:
Structure and production management
Setting price
Employing suitable workers
Suppliers
References
Bozhalkina, Y. and Timofeeva, G., 2016, December.
Markov model of the loan portfolio dynamics
considering influence of management and external
economic factors. In AIP Conference Proceedings (Vol.
1789, No. 1, p. 020023). AIP Publishing LLC.
Magarotto Machado, G. and Carvalho, L.D.F., 2021.
Investigation on the internal and external validity of the
antisocial subscale of the dimensional clinical
personality inventory 2. The Journal of Forensic
Psychiatry & Psychology, pp.1-16.
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