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Business Environment

Contents

1.Understand the organisational purposes of businesses3
11. Identify the purposes of different types of organisation. Define Anglo American’s purpose.3 1.2. Describe the extent to which Anglo American meets the objectives of different stakeholders3 1.3. Highlight responsibilities and also explain strategies used to fulfil them at Anglo American.4 3. Understand the behavior of organisations in their market environment5 3.1. Evaluate the impact of competition policy and other mechanisms of Anglo American’s activities5 3.2 Define the various types of markets and explain how they determine the strategic decisions6 3.4. Judge how the business and cultural environments shape the behaviour of a organization8 4. Assess the significance of the global factors that shape national business activities8 4.1 Discuss the significance of international trade to UK based mining organisations8 4.2 Analyze the impact of global factors on UK business organisations9 4.3 Evaluate the impact of policies of the European Union on UK business organisations.10

Task-1
1.Understand the organisational purposes of businesses
1.1Identify the purposes of different types of organisation. Define Anglo American in terms of organisational purpose.

The purpose of an organization or a company can be multi facet. The purpose of all the organization is to satify the needs of the customers The goals of an organisation may be multi facet. The similarity in goal of every organisation is to reach to the top by its brand name, goodwill, quality of product. No company should make a compromise when the question of goodwill of the organisation is concerned. It takes years together to establish a Brand Name of the product produced by the company. Apart from quality,the question of after sales service, availability, net work system play important role. An organisation of repute should strive for profit which is the essence of any organisation. An organization is a social entity which pursues specified goals and controls its own performance. There are some boundaries which separate organization from its environment. There are various purposes of different organizations like profit-for and not-for-profit organizations operate for various purposes. The purpose of a not-for-profit organization is to bring social reforms like educational institutions etc. On the other hand, the purpose of a profit for organization is to offer products or valuable services to earn returns. Therefore, the purpose of every organization differs and all employees are motivated to attain the goals set by the organization Rate This Answer

The organizational purpose primarily defines the major reason of existence of an organization in the market. Generally, the sole purpose of any organization should be satisfying customers. For a manufacturing organization, which is into manufacturing of farming equipments, the purpose can be providing wide-range of innovative solutions to farmers so that the starvation and malnutrition can be eliminated. For an organization, which is into providing educational services, the purpose can be providing quality education to people to enable people to be more efficient and to make people to achieve legitimate goals of their life. In the same way, the purpose of a non-profit organization is to provide services that benefit to public or in simple terms, to serve humanity. Likewise, every organization will have a purpose, which emphasizes on organizational growth as well as society growth.

Similarly, the purpose of Anglo American, a leading mining company in the world, is to deliver excellence in safe and responsible way by adding value to communities, people, organizations, governments and stakeholders in areas such as mining and exploration (AngloAmerican, 2011). With the help of sustainable policies and approaches such as integrated sustainable...
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