Assaginment
On
Business Environment
Tasks | Table of Contents | Page |
Introduction | 3 | |
Task - 1 | 1.1 Identify the purpose of different types of organization. | 4 |
1.2 Describe the extent to which an organization meets the objectives of different stakeholders. | 5 | |
1.3 Explain the responsibilities of an organization and strategies employed to meet them. | 5-6 | |
Task - 2 | 2.1 Expalin how economic systems attempt to allocate resources effectively. | 6 |
2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities. | 7 | |
2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization. | 8 | |
Task - 3 | 3.1 Explain how market structures determine the pricing and output decisions of businesses. | 8-9 |
3.2 Illustrate the way in which market forces shape organizational responses using a range of examples. | ||
3.3 Judge how the business and cultural environments shape the behavior of a selected organization. | 9-10 | |
Task - 4 | 4.1 Discuss the significance of international trade of UK business organizations. | 10 |
4.2 Analyze the impact of global factors on UK business organizations | 10 | |
4.3 Evaluate the impact of policies of the European Union on UK business organizations. | 11 | |
Conclusion | 12 | |
Reference | 13-14 |
Introduction
In this assignment, business environment combination of internal and external forces that affect the operating situation of a bsiness enterprise.
It include forces such as customer and suppliers; competitors and suppliers; prograsses in technology; laws and government actions; and market, social, political and economic developments. Some forces are directly and some are indirectly operating of the business
Task - 1
Identify the purposes of different types of organization.
The objectives of different types of business organization in the following -
Sole proprietorship includes electricians, television repair person etc. sole proprietorship business in the objectives is - Sole proprietorship business helps to...