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Impact of Business Environment on Business Operation - Hennes & Mauritz

University: Regent College London

  • Unit No: 1
  • Level: Undergraduate/College
  • Pages: 4 / Words 969
  • Paper Type: Assignment
  • Course Code: L/508/0485
  • Downloads: 67
Question :

The scenario of this report is based on business environmental practices of a firm in order to evaluate its direct and indirect impact upon the business operation and decision making. The main objective of this report is to analyze new strategies that can assist in resolving business-related issues.

  • Identify different types of organisation and their size and scope.
  • Evaluate the interrelationship between the different functional department of H&M and its interrelationship to organizational structure.
  • Analyze the positive and negative influence of external environmental factors over business activities.
  • Determine the strength and weaknesses of H&M as well as interrelationship with macro-environmental factors.
Answer :
Organization Selected : H&M

INTRODUCTION

The business environment is important part that affect the whole internal and external factor that would be impact on their functions such as Employee, business activity, operations, customers and management of company. External factor are not be control by the company because the government can be handle the whole business process in which the internal factor are handle by organization because the company policy are managed by management that will handle the business activity in proper manner. In this report, it will determine the different size of organization and their scope in the future. In this report, it can identify many factors that affect the business activity. In H&M, The aim of organization to increase their share value in market and they are understood the impact of whole business process in United kingdom. Hennes & Mauritz AB is a Swedish multinational clothing-retail company known for its fast-fashion clothing for men, women, teenagers and children. It will analysis business operation such as Pestle and SWOT analysis. These are business model used for analysis the operation in proper manner. In this way, It can be easily identified the negative and positive impact on this organization in UK.

PART 1

P.1 Various Type Organization

There are different type of organization that has different role in society as following:

Basis

Voluntary

public

private

Ownership

It is basically used for the human society that would provide services for people welfare.

They are providing the best services for those people who has insufficient money so that they are helping to those peoples.

For Example- NGO's and DCA there are organization are located in United kingdom and it can be doing work as a voluntary company

This organization is basically founded by particular person and who has owned company but the funding is provided by government.

There are many organizations in United kingdom who has founded by particular one person.

For example- NHS organization are located in united Kingdom.

The private organization is established by one or more person. The main aim to increasing a profit and earning a lot of money. They are only focus on profit and maximizing their productivity in market.

For Example- H&M is a private company and it is based on a retail business on supermarket.

It is based on their target to earning a lot of profit and it can be enhancing their business quality for development.

Meaning

This organization is very small scale firm and it can not be required a large funding and land areas. This is not a part of particular company in which they have own organization that would not to be part of government.

This organization is useful for exchanging their share values in market. They are focus on their product quality and it is public organization so that every one has to know about their product and firm in market.

The private sector is not considered as public because they are sharing their values in the form of lists. They are increasing their selling prize in market.

Objective

The main objective of voluntary organization to provide the services for the people welfare. They are earning a profit for the human being because they are focus on their profit to development of human being.

The main objective to increase their business in all over the world and they are maintaining the people and provide the services. They are increasing their business for development. There are many enterprises in United kingdom to earn a profit.

There are always focus on the profit and they are investing a lot of money for business development. In this sector, they are concern about human welfare and community. There motive to establish a effective business so that they increasing their product value in market.

Motive

DCA is a voluntary company that vision to helping those people who has very poor. They are earning a profit for company. This money is used for the social community and personal growth.

The vision of Health organization to provide the best services in united kingdom and they are check the people in time to time and giving a treatment

There vision to expanding their business in supermarket and it is becoming a leading brand in the world.

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