Business Environment Analysis: Stakeholder Analysis of Different Firms
VerifiedAdded on 2023/03/16
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Report
AI Summary
This report provides an analysis of the business environment, focusing on the characteristics and operations of different types of firms. It begins by introducing the concept of the business environment, highlighting the significance of both internal and external factors. The report then delves into the structure and purpose of public, private, and voluntary firms, providing examples such as Nestle and Tesco. It examines the legal structures of private enterprises, including partnerships, sole proprietorships, and limited companies. Furthermore, the report explores the scope and size of different organizations, emphasizing the varying natures and functions of entities like the British Heart Foundation. Finally, it includes a stakeholder analysis, identifying groups with high and low power, and concludes by summarizing the impact of the business environment on profitability and productivity. The report is supported by references to relevant academic sources.
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