Essay About 2Lo1 Purposes Of Business And Objectives Of Different Stakeholders

Business Environment
Table of contentIntroduction………………………………………………………………………………..2LO1 Purposes of business ………………………………………………………………..3Purposes of Burberry……………………………………………………………….3The objectives of different stakeholders……………………………………………4Internal and External Responsibilities……………………………………………5LO2 Nature of Natural Environment……………………………………………………..62.1.1. Economic Systems……………………………………………………………………62.2.2. Impact of fiscal and monetary policy…………………………………………………72.3.3. Competition policy and regulatory mechanism………………………………………8LO3 The Behaviour of Organization……………………………………………………..93.1.1. Market Structure………………………………………………………………………93.2.2. Market Forces………………………………………………………………………..103.3.3. Culture and other business environment…………………………………………….11Conclusions………………………………………………………………………………….12Bibliogaphy…………………………………………………………………………………13                                         IntroductionIn this assignment I will speak about behaviour to different business environments and they affect to culture. I will also have a look to basics like purposes of businesses and their nature. Then each paragraph I will discuss more in details and look to such points like: supply and demand, stakeholders, market structures and forces. LO1. Purposes of businesses. 1.1.1. Purposes of Burberry Different range organizations are set up for different purposes, but the main purpose of an organization is make a profit and stay in a market. In the meantime, organizations have to satisfy their aims, such as: achieve their goals, be customers driven, or environment. There are different types of organizations: Profit making and Non – profit making, Local, National, International, Global, Public or Private sector and Voluntary. Burberry – centralize design and focus on innovating core heritage products ( Angela Ahrendts, 2012.) In a tablet below we will compare and discuss the different, but not less important purposes of Burberry and Quality Hotel Hampstead.