Essays on Business Environment Issues Case Study

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The paper 'Business Environment Issues ' is a wonderful example of a Business Case Study. This report looks at evaluating the manner in which the business environment has an impact on different organizations working in the UK. This will look at analyzing the same from different perspectives like stakeholders, international norms, reforms, policies, unions, and so on. This will thereby help to bring about a complete overview regarding the manner in which the overall working environment gets shaped due to changes in the business environment. Organizational details The details of the organization working in the public and private sector field areas Allianz Technology Trust Plc: works in the public sector of the United Kingdom where its function is to invest in equity securities of quoted technologies all around the world so that long term capital growth can be witnessed.

The vision of the organization is to invest in companies that will help to maximize the returns for the shareholders. The organization is a small player in the market but has been ethical as they look towards acting in an ethical manner so that the different functionalities can be looked at. Greenergy: is a private company that works as a distributor for petrol and diesel distribution for vehicles.

The market share which the organization holds is around one-sixth of the total market share. The organization aims towards providing quality fuel and ensuring that the economy is supplied with a continuous flow of fuel at the most competitive rates. The company looks at being ethical by looking towards supplying good quality fuel and ensuring that the customers are neither cheated nor exploited. Stakeholders The different internal stakeholders who have an influence on business areas Owners: The owners have influential power and are able to bring changes in the manner different business decisions are taken.

This will have an impact on the manner in which decisions are taken and will help to improve the overall performance of the business. Managers: They are people working in the actual field and provide useful information regarding the management of the business, customer needs, and other business deals. They help to carry out the different business decisions and are able to transform the manner in which business decisions are taken The different internal stakeholders who have an influence on business areas Customers: Changes in customer preference, demand, purchasing power, and others aspect has an impact on the performance of organizations as it becomes difficult to make strategies which will satisfy their different needs and demands Suppliers: Changes in prices, quality, availability of materials and other aspect has an impact on performance.

Maintaining good relations with suppliers and fostering a culture through which better productivity can be ensured is a requirement which needs to be addressed Government Agencies: Changes in government policies, taxation, strategies, and government have an impact on business performances.

Organizations need to guard themselves against it and have to formulate strategies keeping those in mind. Responsibilities of the Organization The different legal responsibilities which the organization looks to fulfill while working areas Consumer Legislation: Both the organization has looked at protecting the interest of the consumers by providing quality products and ensuring that they are not cheated. In addition to it, the organization has developed a consumer forum where they can put forward their issues and complaints and ensures that the problems get sorted out (Norton and More, 2002).

Further, the different norms and rules which has been laid down are being abided and steps are being taken to ensure that consumers are provided their legal rights Environmental Legislation: The organization has looked at adopting a stance which helps to protect the environment. The organization has reduced wastages and aims towards reducing the release of carbon in the environment so that the people and the society, on the whole, can be protected Health & Safety Legislation: The organization has developed the required safety and health legislation which employees need to perform.

Employees are provided required training before work so that they can keep safe. Further, required safety instruments and other things are kept appropriately and if any untoward incident happens proper care is taken to protect people its employees Employee Legislation: The organization has laid down the working time for employees, provides compensation more than the minimum level, avoids child employment, and provides required training to its employees. The organization has looked at ensuring that the employees are satisfied and ensures that the legislation is properly followed.

References

Devereux, B. and Sutherland, A. 2009. A portfolio model of capital ows to emerging markets, Journal of Development Economics, 89, 181-193

Fiet, J. 2005. Risk avoidance strategies in venture capital markets. Journal of Management Studies, 32(4), 290-313

Gabbot, M. 2004. Introduction to Marketing: A Value Exchange Approach. Pearson Education Australia, Frenchs Forest.

Norton, W. and More, W. 2002. Entrepreneurial Risk: Have we Been Asking the Wrong Question? Small Business Economics, 18, 281-287

Schmitz, M. 2010. Financial markets and international risk sharing, Open Economies Review, 21, 413-431

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