Business Report: UK Organizations and Economic Impacts

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Added on  2023/03/16

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This report provides an overview of UK organizations, focusing on the differences between public and private sectors, and examining their structures. It explores the impact of the local, national, and global economic environment on businesses, using Unilever as an example. The report highlights the importance of customer service in driving business success and the benefits of customer profiling as a marketing tool. The content covers the impact of the economic environment on business activities and the importance of customer service. The report references the role of management in providing excellent service to their customers and the use of customer profiling to understand customer preferences and improve decision-making. The report aims to provide a comprehensive understanding of these key business aspects.
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How Business operate
Task 1& 5
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Cover content
Introduction
Different types of organization in UK
Structures of businesses
Impact of local, national and global economic environment
Impact of customer service on business success
Benefits of customer profiling
References
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Introduction
In the present report explain about, Different type of
organization prevail within private and public sector,
different structures within the businesses, impact of local,
national and global economic environment upon
business, importance of accounting, functions carried out
by HR department and key features of employment
legislation.
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Different types of organization in UK
There are two type of organisations are working in UK which are known as
public and private. The purpose and objectives of both organisation is different
even with their legal structures.
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Structures of businesses
Private and public are two different type of sectors which are operating their
business operations in UK. The structure of private and public organization is
different from each other. The main reason behind the variation between the
structures of both the sector organization is that their regulatory authority is
different.
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Impact of local, national and global economic
environment
Unilever is multinational organization which deals in different types of product
like food, beverages, cleaning agents and personal care products. It provides
their products and services in more than 190 countries. There is hue impact of
economic environment which is present in country upon the business activities
of organization
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Impact of customer service on business success
There is huge impact of customer service on the business of organisation. It
drives the business activities towards success. It is the duty of the management
of organization is to provide better service to their customers even after the
purchase of products.
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Benefits of customer profiling
Customer profiling is important aspect which is need to do by the companies for
segmentation of the customers on the basis of their characteristics. It is
considered as marketing tool which is used by the organization to understand
the different preferences of customers and enhance their decision-making.
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