Task 1 An organization is an entity that exists to achieve a purpose through collective efforts of the people who work in for it. Organizations can be described as systems which are affected by their environment, have a structure that has both formal and informal elements. (Armstrong, 2012) An organization is formally defined as a collection of people working together in a division of labour to achieve a common purpose. This describes a variety of clubs, voluntary, organizations and religions
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Business Environment Rankings Which country is best to do business in? From The Economist Intelligence Unit www.eiu.com Business Environment Rankings Which country is best to do business in? F or all the talk about the potential of emerging markets, developed economies in North America, Western Europe and Asia remain the best places to do business, according to The Economist Intelligence Unit’s latest Business Environment Rankings (BER). Singapore looks set to remain the world’s
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Assignment on Business Environment Introduction: Business environment is composed of two words ‘Business’ and ‘Environment’. In economic sense ‘Business’ means human activities like production, purchase or extraction or sales of products or services that are performed to earn money. Meanwhile ‘Environment’ means the aspect of surroundings. Business environment is the set of conditions institutional, political, economical, legal or social that is uncontrollable and affects the functions of the
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BUSINESS ENVIRONMENT Table of Contents Introduction2 Task 13 Task 25 Task 36 Task 48 References10 BUSINESS ENVIRONMENT Introduction: This assignment gives a description of business environment and its purposes, nature etc. Business environment is the sum of two environments that is micro environment or internal environment and macro environment or external environment. This micro environment is the immediate environment of the organization because it affects the company performance
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Title: Business Environment: An In-depth Study from Organisational Aspect Course Title: Business Environment Student Id: LCC20135580 Student Name: Mohammed Fafid Miah Date of Submission: 12/12/2013 Table of Contents Lists of the Content Page Number 1. Understand the organizational purpose of businesses 4 1.1 Identify the purpose of different types of business organization 4 1.2 Describe the extent to which an organization
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Running Head: The Business Environment The Business Environment [Author’s Name] [Institution’s Name] Introduction As the term “Business Environment” depicts, it means environment of a particular business denoting the outside forces affecting the business decisions work efficiency. These forces can be from the economy, social, political or even technological factors. These elements are out of bound factors in the business. The business is only able to do little change
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fiscal and monetary policy on business organisations and their activities pg.8, 9 2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organisation pg.10 3.1 Explain how market structures determine the pricing and output decisions of businesses pg.11 3.2 Illustrate the way in which market forces shape organisational responses using a range of examples pg.12 3.3 Judge how the business and cultural environments shape the behaviour of a selected
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Task 1.1 Identify the purpose of different type of organizations: Talking about the basic types of organizations then we have two basic types of organizations * Public Limited Company * Private Limited Company Public Limited Company A public limited company (legally abbreviated to PLC) is a type of public company (publicly held company) under United Kingdom company law, some Commonwealth jurisdictions, and the Republic of Ireland. It is a limited (liability) company whose shares may
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Thaw Thaw Han | Daw Kyi Lai Han | Date issued | Completion date | Submitted on | 17.11.2014 | 2.1.2015 | 2.1.2015 | Qualification | Unit number and title | Edexcel BTEC Level 4 HNC Diploma in Business | Unit 3 – Business Environment (EDEXCEL Unit – 1) | A | | Assignment title | Business Environment (Assignment 1 of 1) | In this assessment you will have opportunities to provide evidence against the following criteria. a Indicate the page numbers where the evidence can be found. |
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Contents Introduction 2 Task 1- Understand the Organisational Purposes of Business 2 A) The main purposes of business 2 Local councils 2 Small businesses: 3 Multinational corporations 4 British Telecom 5 B) Stakeholder Influence Map for BT 6 C) Social, Economic and Environmental Responsibilities for BT 8 Task 2- The economic, social and global environment 9 A) Real Life Example on command, free enterprise system and a mixed economy 9 Example one 9 Example two 10 Example
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