Business Environment Sample Assignment (GC01005)

Table of Contents

Introduction.

Task – 1.

1.1 Identify the purposes of different types of organizations.

What type of organization is Primark?.

a) The public sector.
b) Charity.
c) Cooperative.

1.2 Describe the extent to which an organization meets the objectives of different stakeholders.

1.3 Explain the responsibilities of an organization and strategies employed to meet them.

Task – 2.

2.1 Explain how economic systems attempt to allocate resources effectively.

b) Economic System of the UK.
c) Economic System of China.

2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities.

Farming.

2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization.

Task – 3.

3.1 Explain how market structures determine the pricing and output decisions of businesses.

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.

Task 4.

4.1 Discuss the significance of international trade to UK business organizations.

4.2 Analyze the impact of global factors on UK business organizations.

Climate changes.

4.3 Evaluate the impact of policies of the European Union on UK business organizations.

Conclusion.

Reference.

Introduction

It is essential for the organization to understand its business environment (including internal and external) in making business decisions and strategies. This report focuses on different organizations, the relationship between environment and business, and the influence of stakeholders in the business. Then, this report focuses on a variety of purposes for different kinds of businesses. The second part of this report focuses on the nature of the national business environment. The third part of this assignment focuses on organizational behaviors. Finally, the fourth part of this report outlines the global factors which impact the activities of a business.

Task – 1

1.1 Identify the purposes of different types of organization

What type of organization is Primark?

Primark is recognized as a private limited company that has a number of stakeholders and lots of shareholders. The shareholders of Primark have limited liabilities. Primark operates under the law of England, Wales, and Scotland. Primark does not want to offer its share to the public because it is not on the UK stock exchange market. This is because it is a private company that is not allowed to offer a share to the public. However, it issues share capital within the existing shareholders and authorized share which is declared to the register of companies. In a word, Primark is a private and limited company, whose aim is to gain profits through increased revenue and market share.

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Assignment On Business Environment

Identify and discusses the purpose of one organization within the following categories:

a) The public sector

A public limited company: a famous public limited company in the UK is TFL. It is a statutory corporation. It has more than 28,000 staff who are working in its current operation. It serves millions of customers every day. It is a London based organization. It has a budget of £11.5 billion for 2015/2016, where it gains 40% of its budget from fares. 23% comes from the government, 20% is borrowed, and 17% come from Cross-rail funding and other income (TLF, 2016)………..