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business environment
BTEC L3 Diploma/Ext. Dipl.-Business

Unit 1

BUSINESS ENVIRONMENT ASSIGNMENT 1

External Factors Effecting Business Strategy

prepared by: Raed F. Banna

DATE: 18/NOV/2018

Contents Page

1- Introduction to business environment.......................................................................... ..3

2- Assignment introduction ….............................................................................................4

3- Political, legal, and social impact on selected organization …....................................,.. 6

4- The influence of two contrasting economic environments and business activities........................9

5- The challenges to selected business activities within a selected organization..............11

6- How political, legal and social factors impacted on these 2 organizations....................12

7- How future changes in economic, political, legal and social factors, may impact on a specified organisation........................................................................14

8- References …..............................................................................................................16

INTRODUCTION TO BUSINESS ENVIRONMENT

Business environment may be defined as the set of external and internal factors which affects the decisions of business.
Business environment is the studies of the factors that affect or impact a business and is a clear and a useful guide to consider while establishing a business or while improving its activities.
Business environment is the active mind of a business, it manages and plans the business to avoid factors and impacts, or to work on expanding considering


References: : http://www.businessinsider.com/apple-carefully-explains-exactly-how-it-could-be-destroyed-2012-11 accessed online:Nov2014 (Handy J.) article published by www.forbes.com Feb 22, 2014, accessed online:nov-2014 (Smith T.) article published by www.theregister.co.uk 26 Mar 2010 ,accessed online:Nov2014 http://www.123helpme.com/view.asp?id=121568 accessed online:Nov2014 http://www.ukessays.com/essays/marketing/micro-environment-analysis-of-samsung-marketing-essay.php accessed online:Nov-2014 (Riesinger D.) article posted online 2014-Aug-6 by www.eweek.com http://www.eweek.com/mobile/slideshows/why-samsung-is-facing-so-many-mobile-market-challenges.html accessed online:Nov-2014 http://www.slideshare.net/siddharthabbi/presentation1-34209810 accessed online:Nov2014 https://www.apple.com/environment/reports/docs/Apple_Environmental_Responsibility_Report_2014.pdf accessed online:Nov2014
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