Business Environment and Its Impact on Premier Food
Introduction
Business environment is the combination of all centralized and peripheral aspects that affects a corporation. Both external and centralized aspects can repercussion each other and endeavor together to influence a corporation. The business environment includes some elements like clients and suppliers, competition and owners, technology, government initiatives and market, social and economic trends. The internal factors are that impact the approach and success of the company’s operations. The peripheral environment includes of different kinds of aspects out of the company doors that typically don't have much control over. Managing the strengths of internal operations and recognizing potential opportunities and threats outside of company’s operations are keys to business success. Premier Food is one the famous and largest retailer in UK which is primarily renowned for food manufacturing. Premier Food is well managed in its internal and external factors which lead them to progress successfully.
TASK 1
1(a) Purpose of Different types of Organization
Premier Foods
Premier Foods produces a range of own-label products across many food categories. Premier’s major markets are the United Kingdom’s biggest food retailers, wholesalers and convenience stores, and food manufacturers. They have a crystal clear defined plan of merging reflected in the recent addition of the premier product like Oxo, Batchelors and Homepride. Their expertise passes over in a wide range of food and drink sectors, and reputation of their comprehensive range means that they have an annual group turnover of over £900 million. By owning some of the UK's most recognized food brands, they additionally manufacture hundreds of products that cater for the food accommodation industry and are introduced to supply retailer branded food product to the UK's popular food retailers.
Vodafone
It is a major international telecommunication corporation with coverage in 29 countries and
Business environment is the combination of all centralized and peripheral aspects that affects a corporation. Both external and centralized aspects can repercussion each other and endeavor together to influence a corporation. The business environment includes some elements like clients and suppliers, competition and owners, technology, government initiatives and market, social and economic trends. The internal factors are that impact the approach and success of the company’s operations. The peripheral environment includes of different kinds of aspects out of the company doors that typically don't have much control over. Managing the strengths of internal operations and recognizing potential opportunities and threats outside of company’s operations are keys to business success. Premier Food is one the famous and largest retailer in UK which is primarily renowned for food manufacturing. Premier Food is well managed in its internal and external factors which lead them to progress successfully.
TASK 1
1(a) Purpose of Different types of Organization
Premier Foods
Premier Foods produces a range of own-label products across many food categories. Premier’s major markets are the United Kingdom’s biggest food retailers, wholesalers and convenience stores, and food manufacturers. They have a crystal clear defined plan of merging reflected in the recent addition of the premier product like Oxo, Batchelors and Homepride. Their expertise passes over in a wide range of food and drink sectors, and reputation of their comprehensive range means that they have an annual group turnover of over £900 million. By owning some of the UK's most recognized food brands, they additionally manufacture hundreds of products that cater for the food accommodation industry and are introduced to supply retailer branded food product to the UK's popular food retailers.
Vodafone
It is a major international telecommunication corporation with coverage in 29 countries and