Business Environment



Introduction1

Part A1

P1 - Purpose of Different Types of Organizations1

P2 - Objectives of Different Stakeholders2

P3 - Responsibilities of the Organization and Strategies Employed to Meet Them3

Part B4

P4 - Economic System and Allocation of Resources4

P5 - Impact of Fiscal and Monetary Policies on Business4

P6 - Impact of Policies on Businesses5

Part C5

P7 - Market Structure Determine Pricing and Output5

P8 - Market Forces and Their Impact on Organizational Responses6

P9 - Cultural Environment and Behavior of Organization6

P10 - International Trade to Business7

P11 The Impact of Global Factors on UK Business Organisations9

P12 The Impact of Policies of the European Union on the UK Business Organisations9

Conclusion10

References12

Business Environment

Introduction

Business environment is the combination of inner and outer elements that impact an organization's working circumstance. The business environment can incorporate elements, for example, customers and suppliers, rivalry and holders, change in innovation, laws and government exercises, and business sector social and investment. In this regard, the assignment aimed at investigating business environment that was ruling in the business organizations.

Part A

P1 - Purpose of Different Types of Organizations

There are many different types of organizations in the world. They all have their own goals and objectives for running. They all have their own environments and manner of operating. The performance and way things are run are also different in each organization (Hooker, 2008).

There are many different types of organizations. Some of them are the following:

Private company: the companies which come under this organization are known to be private. There are no shares available of it for the public. The shares are available however; they are only with the people who own the organization. This might be the board of directors or such (Rosenzweig & Nohria, 1994).

Charity associations: these organizations are the ones which make it possible for the other part of the population to get the things they need (Wang, 2007).

Government sector: the government sector in all countries own different companies which help to bring different necessitates to the people at subsidized rates. Their main aim is to provide different services to the population of the nation (Wang, 2007).

Public sector: the public organizations are those which have shares which can be bought by the whole public. They are known as the public limited company. This allows for the company to be competitive as it has many different shareholders. The majority of the shares are held by the board of directors or owners (Wang, 2007). While the rest are distributed for the public to buy. Such companies have access to a lot of capital. It allows for all of its shareholders to recognize a profit when the company makes a profit.

Sole proprietorship: this is where the company operates for a profit. There are many different companies which are owned by just one owner (Zeithaml & Bitner, 2000).

Partnerships: these are between two or more than two people. Such organizations may of any nature. Usually they are found to be of a larger nature. They might have enough capital to work at a national level ...