Business Environment Report: Impact on UK Businesses

This report provides an overview of the UK business environment, encompassing both public and private organizations. It delves into various business structures, the impact of local and global economies, and the significance of customer service. The report also highlights the benefits of customer profiling and its role in gaining a competitive advantage, using Hilton Hotel as an example. It concludes by emphasizing the dynamic nature of the business environment and the influence of internal and external factors on business operations. The report cites relevant references to support its findings.

BUSINESS
ENVIRONMENT
TASK 1&5

Content
 Introduction
 Different types of public and private organisation
 Various structure within business
 Impact of global and local economic
 Impact of customer service
 Benefits of customer profiling
 Conclusion
 References

Introduction
Business environment includes external and internal factor that
are very important so as to run a business in an effective
manner. Therefore, it has a impact on the performance
performed by the company.

Different types of public and private
organization
United kingdom is is a established company and comes under top
most nation in the world. There economy is very strong as
compared with other developing nations. Both private and
public organisation are operating their business in a proper
manner and they are working for giving excellent services to
all the citizens present in the United Kingdom.

Various structure within business in UK
 Sole trader
 Partnership
 Limited Liability company

Impact of local and global economic
environment
In business operations there are various factors that can
influence or hamper the functioning of a firm
internally or externally. This includes economic,
social, technological, political and environmental.

Impact of customer service
To sustain a better position in the market area it is important
that company,manufacture products according to the needs
and wants of consumers. Along with this, it is essential
company provides services accordingly so that they can
win the loyalty of people this will help them in minting a
better position at market area.

Benefits of customer profiling to a business
Maximum number of advantages are present at the market area
what important is the methods that will be incorporated by the
organisation for gaining more profits. For knowing the choices
and taste Hilton Hotel is conducting surveys and it is giving
them competitive advantages as they are providing services
accordingly.

Conclusion
As per above report, it can be concluded that organisation
exist in dynamic environment which consists internal and
external components which directly or indirectly impact on
business operations.

References
Asif, M., Searcy, C., Garvare, R. and Ahmad, N., 2011. Including
sustainability in business excellence models. Total Quality
Management & Business Excellence. 22(7). pp.773-786.
Bhaduri, G. and Ha-Brookshire, J. E., 2011. Do transparent business
practices pay? Exploration of transparency and consumer purchase
intention. Clothing and Textiles Research Journal. 29(2). pp.135-149.
Cavusgil, S. T., and et. al., 2014. International business. Pearson Australia.

Thank You