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Business Environmental

In: Business and Management

Submitted By Filibeto
Words 2202
Pages 9
Mirko Hamparzumyan

Business Environment Assignment Part 1

08 August 2013

Table of Contents

Introduction 2 P1.1. Different types of business organizations and their purposes. 3 P1.2. Describe the extent to which an organization meets the objectives of different Stakeholders. 4

P1.3. Explain the responsibilities of an organization and strategies employed to meet them. 4

P2.1. Explain how economic systems attempt to allocate resources effectively. 5 P2.2. Assess the impact of fiscal and monetary policy on business organizations and their activities. 6

P2.3. Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization. 8

Conclusion 9

References 10

Introduction

In this assignment I will describe the types, content and objectives of business organizations and the surrounding business environment which is the sum of all external forces, actions and conditions that affect it and the opportunities to meet its contractual obligations, improve relationships with customers, as well as the opportunities for future development. The external factors are the elements of the ambient environment.

I will define the components of the business environment which is composition of micro and macro environment.

I will try to provide suggestions for better competition policy in the UK business environment.

P1.1. Different types of business organizations and their purposes.

There are three sectors in the UK traditional industry.

For example in the primary sector the consisting industries are as mining, forestry, fishing, farming … etc.

Example for the secondary industrial sector are: manufacturers as “Aston Martin”,...

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