This type of organisation is established with a purpose to earn maximum profit by offering certain product or service to the market.
A company that has been highly successful in a developing country now believes that its products and methods may also prove popular and effective on a wider, even global, basis. As a step in this development, it is considering setting up a production facility in England.
If this venture works well, it plans to roll out distribution across the European Union. It is intended that you will be appointed as the first new Area Manager Europe. Before this happens, however, you are asked to prepare a Report on the Business Environment in England. This report may be in any format you think suitable, but it is important that you deal with all the issues or topics given below.
Hnd business enviroment level 5 Senior Management of the company will judge how useful your report is, and use it as part of the decision on your promotion.
Criterial for assessment and characteristics of reports at passable, merit and distinction levels are given later below. Businesses Organisational Purposes You should: Identify the purposes of different types of organisation in England; Describe the extent to which the organisation will meet the objectives of different stakeholders; and Explain the responsibilities of the organisation and strategies employed to meet them.
This provides evidence for Learning Outcome 1; Assessment Criteria 1. Nature of the National Environment You should: Organisation Behaviour in the Market Environment You should: Explain generally how market structures determine the pricing and output decisions of businesses; 3.
This provides evidence for Learning Outcome 3; Assessment Criteria 3. This provides evidence for Learning Outcome 4; Assessment Criteria 4. The assessment criteria determine the standard required to Passthis unit. Understand the organisational purposes of businesses.
Identify the purpose of different types of organisation 1. Describe the extent to which an organisation meets the objectives of different stakeholders 1. Explain the responsibilities of an organisation and strategies employed to meet them LO2: Understand the nature of the national environment in which businesses operate 2.
Explain how economic systems attempt to allocate resources effectively 2. Understand the behaviour of organisations in their market environment.
Be able to assess the significance of the global factors that shape national business activities. Assessment of Global factors shaping business activity in England. Micromax Informatics Limited is the electronics company of India which is also the 10th largest mobile company globally.
It provides innovative products which are made according to the choices of youth. The brand has diverse products in its portfolio which includes 60 models of mobile handsets, LED Televisions and Data Cards.
Micromax is now planning to reach to global markets to widen up its presence and supply its innovative products. As a step in this direction, it is planning to set up a production facility in England. As a new Area Manager of Micromax in Europe, entirely new and different business environment of England is to be handled well.
There are many global factors which have a significant impact on UK business organizations. Globalization has removed the barriers between the nations and made a big world into one single place. Global factors are those external business factors which are to be considered while making a strategy to set up a business.
Such global factors are Political factors; Economical factors, Social factors, Legal factors and technological factors, and they are discussed below: The difference between the governments and government policies affects the business and its operations.
Every country has its own system of government which is regulated in its own way.
The level of Political stability and the bureaucratic affairs of England, the tariff rates, the terror of terrorism, etc. These factors are responsible for affecting the operations of an organization.
Other economic factors can be Global economic crisis, Inflation, currency value, etc. Legal factors are the laws and governing factors in any country which affects the business strategies.Warning to applicants for advertised posts.
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Business level strategy of Samsung Introduction Samsung Group (Samsung, ) is the largest group or the giant in Korea. Samsung Electronics is the biggest subsidiary of it, which initiated in A Korean consolidated company generates an average income of $ billion every year.
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