Report on BM461 Global Business Environment: Sector and Confidence

This report provides an analysis of the global business environment, focusing on factors influencing business growth and challenges. It examines consumer confidence as an indicator of economic optimism and identifies sectors, such as Banking and Finance, that may face struggles in the coming months. Conversely, the report highlights the retail sector as one poised for prosperity, citing examples like Tesco and their customer-centric innovations. The analysis includes a discussion of consumer spending and its impact on the economy. Furthermore, the report features an email correspondence discussing business strategies for importing mobile phones to emerging economies, recommending a sole proprietorship legal structure and emphasizing the importance of competitive market analysis using Porter's Five Forces. The report concludes by emphasizing the importance of understanding the business environment for organizational success.

BM461 Global Business
Environment

Table of Contents
INTRODUCTION...........................................................................................................................3
COURSEWORK 2A)......................................................................................................................3
Consumer Confidence.................................................................................................................3
Sectors that struggle.....................................................................................................................3
Companies that prosper in next 12 months..................................................................................4
Consumer spending.....................................................................................................................4
COURSEWORK 2B........................................................................................................................5
Email............................................................................................................................................5
CONCLUSION................................................................................................................................7
REFERENCES................................................................................................................................1

INTRODUCTION
The Global Business Environment consists of various factors as well as variable entities that are
falling in regard to the business orientations with our put forth with respect to the identification
of substantial means to grow. There are several businesses that will prosper as well as those that
get affected by various circumstances that are portrayed upon by the environment that is
operating (Cepel and et.al, 2019). The entire report focuses upon identifying various applications
like that of consumer confidence data as well as several entities that will help businesses to grow
more as well as that which struggle for the next 6 or 12 months are being put forth in this report.
And analysis over the business and management is also explain with respect to several theories
that are picturized.
COURSEWORK 2A)
Consumer Confidence
The answer to consumer confidence is nothing but the indicator are the measure that is put forth
in order to make sure that an optimistic measure over the financial situation is portrayed. The
state of economic confidence is put forth with respect to how far the consumers would develop
substantial means of indicating the overall choices and the personal options that would go in
terms of spending the resources case put forth in consumer confidence.
Sectors that struggle
The business sectors would eventually deal with a rise as well as fall in the growth Strategies and
sometimes there will be prosperous results as well as struggles that are oriented (Nudurupati and
et.al, 2021). Businesses around would often deal with a struggle perfect which is often carry
forwarded with respect to how far the strategies are being implemented. In this regard the sector
that would eventually deal with us trouble period for the next two elements would eventually be
the Banking and Finance sector. This is known to be one of the highly regulated sector that is
brought forth with respect to an oversight that is created with Financial Institutions that are of
statutory policies. When the period of struggle is indicated it is almost one of those leading
entities that would eventually deal with the resources as well as various formulations like that of
pension funds mutual funds and many other criteria that are comprised in this particular sector.
When things are not going on a right guidance there obviously be a struggle and therefore this
sector is considered to be one of the extensive means of getting prone to struggles along. Taking
example from the organisation HSBC which is one of the British multinational investment bank

and financial services that is operating in United Kingdom there are several means that are put
forth in order to identify the struggle Period. There are more than 40000 people that are working
in this organisation yet the struggle period would eventually deal with the corporate measures of
lending loans that are intrusive (Hrechyshkina and Samakhavets, 2019). This particular sector is
eventually into dealing with a Havoc that is totally bringing the entities down with respect to the
financial orientation as well as the account perspectives.
Companies that prosper in next 12 months
While taking example from the sectors that would eventually prosper the factor that is mostly
considered as a retailing sector. The retailing sector is comprised of various formulations as well
as dealing with the kind of importance that will have to be given to people as well as the
products that will have to be supplied. The daily usage products as well as those that are oriented
with the minimal usage with respect to people are eventually provided by retailing sector and
mostly, they are customer centric. In other words, it can also be stated that the retailing sectors
are perennial and there will obviously be a growth prospects that is identified throughout. While
considering the state of being prosperous the next 12 months would eventually be one of the
highlights of growth and the trajectory of retailing sector would eventually go to a maximum up
to which the profitable standards will increase. Taking example from the company Tesco which
is oriented with one of the biggest out of all types in terms of maintaining it profitable strategy as
it has inculcated numerous innovations that are put forth with respect to how far it can be able to
satisfy the needs of people (Gogokhia and Berulava, 2021). By inventing up on things that are
usually into dealing with customers as well as their interest the retailing sector is obviously
keeping up its base towards the entity of maintaining the modern perspective which would
obviously lead to good results. With the finest results that are oriented with all the
implementation it can eventually be stated that the retailing sector would be a prosperous kind of
entity in the coming 12 months.
Consumer spending
Dealing with the ideology of consumer spending it would eventually revolve around the total
money spent up on different goods and services that are put forth with respect to the personnel
usage. There are several contemporary measures that are put forth that would eventually bring
about the private purchases that are of consumer criteria. By taking into account all the factors
that would eventually require resources to incorporate therefore the consumer spending can be

calculated over the total money that is spent over things that are purchased. Their things would
be the personalized ones are the domestic criteria that are mostly useful for people that would
eventually determine the index up to which one can move ahead in terms of maintaining the
durability of existence. There are several private consumptions that are put forth that will
aggregate the level up to which one can easily move ahead in terms of spending and that is what
is determined by the spending nature which would be one of the key driving force in economy.
COURSEWORK 2B
Email
Dear xxxxx,
I take pleasure in writing to you after such a long time and would also want to ensure that things
are well on your side. I am doing great and the main purpose for me to get in contact with you
after this many days is to give you a complete glance of what a business world usually is.
I got to understand the fact that you were dealing with a business of your choice that is to import
mobile phones from Taiwan or China and sell them to rural investigators in emerging economies.
Firstly it is one of the basic formulation that I would want to congratulate you over the things
that you have incorporated and also would like to wish you all the success towards moving ahead
with your goal. Writing this I would like to specify certain ways of dealing with business and
that can be helpful in guiding you towards the various atrocities that are put forth. There is a
need for certain business communication that will have to be included because one can
eventually not move ahead in terms of specifying what they can do without proper structure or a
proper personification. Therefore it is always necessary to rely over the legal structures since
illegal structures are important in order to carry a business forward for over a long run.
Considering your ideology of a business I would suggest you to go with 10 legal structures like
that of sole proprietorship.
A sole proprietorship is nothing but a single owned business where a partnership is not valid. In
this regard there will not be any kind of issues that are pertaining with respect to privacy and
therefore the sole proprietorship would eventually help you to move ahead with all the business
circumstances (Khajeheian and et.al, 2018). Coming to the other legal structure it is the
partnership which is oriented with two owner and there will not be any strict privacy that is being
followed which can again be one of the factor to include. I would suggest that a sole
proprietorship would help you to move ahead because a confidentiality will have to be

maintained in the kind of thought that you are moving ahead. There are several advantages as
well as advantages that are oriented with the legal structures and the advantages of a sole
proprietorship is to maintain your own business idea ledgers without depending upon another.
Since your Idea requires a minimum finances and therefore you can even really managed with
things that are necessary. Coming to the next one the competitiveness that is associated with
market structure. It is always essential to measure the competitiveness of the market structure to
make sure that the business will move ahead in terms of identifying the strategies as well as the
goal of action. The market structures are many and the ones that I would like to highlight are a
perfect competition and monopolistic competition. In a perfect competition market structure,
There are several buyers and sellers that are included and this will also define a perfect
competition that is put forth. In a monopolistic competition there is a realistic scenario that
would eventually occur in a real world which would obviously not be able to delete by people
who are moving ahead in terms of stipulating smaller finances (Popescu and Popescu, 2019). I
would suggest you to aim for a perfect competitive market structure that will help you move
ahead in terms of dealing with large number of buyers and sellers since your business idea
allergy requires things that are eventually have to be dealt.
Other than the required factors that are prescribed the there is a structure that will have to be
followed with respect to identifying the external factors like that of porter's five forces. The
porter's five forces model will bring forth the necessary strategies that will have to be known
with respect to the five ideologies that were the highlight the prominence of entire business. It
will also bring forth the external factors that are acting in regard to the business and therefore
they will have to be insured at all levels. The porter's five forces include the bargaining power of
buyers bargaining power of suppliers threat of new entrants in the market threat of substitute
products or services and rivalry among other competitors. These factors will have to be known
because it is not until when external analysis is perfectly fostered that it gets to incorporate the
essential mechanism that is to be oriented.
This knowledge is more than enough in order to strive across the thought process that you are
moving ahead and this would also help you to deal with an understanding of the impact as well
as changes which are oriented in the business environment. Hope my piece of information would
the event really help you to move ahead in terms of identifying the growth prospect. Convey my
regards to the family and hope to hear from you soon.

Regards,
xxxxx
CONCLUSION
The report concludes up on identifying the aspects of business environment that is pertaining in
the world full of opportunities as well as competitive orientation. Through this report one can
easily understand and interpret information with respect to the relevant analysis of firms business
environment. If structure of operation of business organisation is made understood with respect
to the impact of changes in the business environment that would the deal with the organisation
and activity.

REFERENCES
Books and journals
Cepel and et.al, 2019. Selected economic factors of the quality of business environment. Journal
of International Studies.
Gogokhia and Berulava, 2021. Business environment reforms, innovation and firm productivity
in transition economies. Eurasian Business Review. 11(2). pp.221-245.
Hrechyshkina and Samakhavets, 2019. Changing business environment in Belarus. Journal of
Geography, Politics and Society. 9(1). pp.1-11.
Khajeheian and et.al, 2018. An introduction to competitiveness in fast changing business
environment. In Competitiveness in emerging markets (pp. 3-11). Springer, Cham.
Nudurupati and et.al, 2021. Impact of the changing business environment on performance
measurement and management practices. International Journal of Production Economics.
232. p.107942.
Popescu and Popescu, 2019. An exploratory study based on a questionnaire concerning green
and sustainable finance, corporate social responsibility, and performance: Evidence from
the Romanian business environment. Journal of Risk and Financial Management. 12(4).
p.162.
Online
Business Environment, 2020: [Online]. Available through: < Business Environment: Meaning,
Definition, Concept, Components, Significance (economicsdiscussion.net)>
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