This report offers a comprehensive analysis of the business environment, focusing on key aspects such as the definition of business and its environment, different types of organizations, and the relationships between organizational functions. It delves into strategic analysis tools, including PESTLE (Political, Economic, Social, Technological, Legal, and Environmental) and SWOT (Strengths, Weaknesses, Opportunities, and Threats) analyses, providing a framework for understanding the external and internal factors that influence business performance. The report examines economic, technological, environmental, political, social and legal factors, using examples like the automotive industry and General Motors to illustrate their impact. It concludes by emphasizing the importance of these analyses in identifying a firm's strengths and weaknesses and understanding the broader business landscape, supported by relevant academic references. This report is a valuable resource for students seeking to understand business strategy and environmental analysis.
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