By Viktoriya Nikolaeva Yordanova
BADM 004 Business Environment
Advanced Diploma in Accounting and Finance
London College UCK
08 February 2010
List of contents
Summary Page 3
Identifying the mission, objectives and responsibilities of ODEON and UCI Cinemas Group Limited and its environment Page 4
Conclusion Page 12
References Page 13
Summary
There are many governmental and industrial policies, as well as social and natural and other influences which affect the UK economy today. These are divided into two separate, but interdependent, business environments – the macroeconomic and the microeconomic environments. …show more content…
Its details are as follows:
Registered office: 54 Whitcome Street London WC2H 7DN United Kingdom
Registered in England: No: 01854132 ODEON and UCI Cinemas Group LLP (referred to simply as OUCG) is the only subsidiary of ODEON and UCI Cinemas Holdings Limited (set up in 2007 with the sole purpose of refinancing OUCG), which in turn is a subsidiary of the private equity firm Terra Firma.
As a service provider OUCG operates in the tertiary sector of the economy.
As we know, in the basis of every good business is a good management which always has an idea of where it wants the business to be in the future. And that is the mission statement.
The Company is keeping true to its mission of delivering excellence and offering pioneering technology for the optimum film viewing experience. This is being achieved because all of its employees share its values of team work within an empowering environment where every day is different and everyone works together to achieve the OUCG’s goals and …show more content…
These are all factors which neither consumers nor businesses can change.
The social environment represents those factors in the external environment which reflect the consumers’, and society’s as a whole, attitudes, beliefs and behaviour towards the business’ activities. The way a business reacts to the social environment and its changes is known as corporate social responsibility (CSR), or just social responsibility. OUCG’s CSR activities have already been discussed.
CSR is also implemented internally. As already mentioned, employees are offered skill enrichment opportunities to enhance their abilities and performances. If employees have more disposable income they will spend more in local businesses and so will be supporting the growth of the local economy.
The effects of industrial policies
The UK government has a number of “industrial policies†in place to try and influence the industrial and commercial environment. These include attempts at direct industrial interventions, policies concerning competition and monopoly control, privatisation policies, regional policies to influence industrial locations and those aimed at economical regeneration of certain