Business Environment Analysis and Its Impact on Business Operations

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Added on  2023/03/16

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The report examines the business environment, analyzing its various components and their effects on business operations. It explores different types of business structures, including sole proprietorships, partnerships, and corporations, and their impact on the business. The report also highlights the significance of customer service, its benefits, and the importance of customer profiling. The report analyzes the impact of the local, national, and international business environments and how businesses can adapt to these environments. It also explains how to increase efficiency and profits by adapting the business environment. The report concludes by emphasizing the importance of understanding and adapting to the business environment for business success. Finally, the report includes references to support its findings.
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BUSINESS
ENVIRONMENT
TASK 1, 5
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Content
Introduction
Types of Organisation
Structure of business
Impact of local, national and international
Impact of customer services
Benefits of customer profiling
Conclusion
References
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Introduction
Business environment consists of various factors such
as external and internal so that they can run successfully
and efficiently.
It helps firm to carefully analysis these forces and can
make changes in internal plans and policies
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Types of organisations
Private sector:
Sole proprietorship:
Partnership:
Limited liability:
Public corporations:
Departmental organizations:
Statutory corporation corporations
Government company:
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Structure Of Business
Flat organization structure: There is an structure in
which there are less levels. Through this there are less
confusion and hence they can create effective policies
and can earn more revenues
Tall hierarchy structure: It is the structure in which
there are different and many levels so hence they can be
confusion.
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Impact of local, National and International
Impact of local economy:
National impact on business:
International effect on business:
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Impact of Customer Services
Increase efficiency
Enhances profits
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Benefits of customer Profiling
Understand them well
Strong Relationship
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Conclusion
Business environment is crucial for company. So firm has to
evaluate this for success and for earning huge profits.
Types of firm and reasons of variation and improvement
of accounting for Argos and accounting data and
determination of team work.
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Conclusion
Business environment is crucial for company. So firm has to
evaluate this for success and for earning huge profits.
Types of firm and reasons of variation and improvement
of accounting for Argos and accounting data and
determination of team work.
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References
Macaulay, S., 2018. Non-contractual relations in business: A
preliminary study. In The Law and Society Canon (pp.
155-167). Routledge.
Laszlo, C. and Cescau, P., 2017. Sustainable value: How the
world's leading companies are doing well by doing
good. Routledge.
Grayson, D., McLaren, M. and Spitzeck, H., 2017. Social
intrapreneurism and all that jazz: How business
innovators are helping to build a more sustainable
world. Routledge.
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Thank You
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