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Business Environment
Contents
Introduction
Business environment refers to the combination of external and internal factors influence the organization of the operating conditions. There are several factors of the customer and the business environment, such as suppliers, technology, law and government activity and the market, social and economic trends competitions and owner, is improved.
Task 1: The Contextual Environment:
1. a Identify the Purpose of Different Types of Organization:
There are different types of organizations in the business world. All organizations have grown different purposes. Aviation, telecom organizations, foods etc is the purpose of profit in a standard way socially. A not-for-profit service organization such as the University aim is to help all people without any profit. Such as clubs, labor unions, etc. The purpose of the organization of mutual benefit is to join together to pursue their own self-interest. The public welfare organization such as the police, fire service, provides services to all members of a given population.
Premier Food and Vodafone as the case may be, their main purpose is to maximize business and their profits by providing goods or services to their customers in order to maximize the wealth of your organization.
Input process output analysis indicates the overall performance of the output fundamental business processes through the input. The input processing output to know generally we can see the cash flow statement, we can infer the overall performance at a glance
Premier Foods cash flow figure for the year 2013 is as follows:
In the statement, we can see the current status of the input and output process. Now we have the input process output Vodafone is displayed.
Mixed financial performance Vodafone is the company cash flow in 2014 year is £ 4.4 billion in cash flow of £ 2.1 billion in dividend income received from Verizon Wireless.
1. b Explain of