Essay
Examine the environment in which businesses operate
- Institution
- PEARSON (PEARSON)
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Assignment2 – Unit 1
,
, The Report will include:
1. Internal Environment of the Business
The effect of Ownership and liability on Business
The effect of Stakeholders on Business
The effect of organizational structure on Business
The effect of organization's Aims and Objectives on Business
2. External Environment of the Business
The effect of Political factors on Business
The effect of Economic factors on Business
The effect of social factors on Business
The effect of Technological factors on Business
The effect of Ecological, Enivronmental and Ethical factors on Business
The effect of Legal factors on Business
3. Competitive Environment
Market Structure of the Business
Supply, Demand and Pricing of the Business
4. Situational Analysis of Business
SWOT Analysis
Porters Five Forces
5C’s Analysis
5. Evaluation
Steps taken by the business to address the Environment and the Market
Steps that can be taken to further improve business using all Situational
Analysis findings
How can the market and environment evolve in future and how should business
respond to it?
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