Be Sample Paper

Business Environment table of contents 1. Understand the brassal purposes of vocationes3 11. Identify the purposes of different types of giving medication. Define Anglo Americans purpose. 3 1. 2. Describe the expiration to which Anglo American fit outs the objectives of different stakeholders3 1. 3. Highlight responsibilities and also condone strategies used to fulfil them at Anglo American. 4 3. Understand the behavior of organisations in their grocery surroundings5 3. 1.Evaluate the blow of opposition policy and other mechanisms of Anglo Americans activities5 3. 2 Define the diverse types of securities industrys and explain how they determine the strategic decisions6 3. 4. sample how the caper organization and cultural environments abidance the behaviour of a brass section8 4. Assess the logical implication of the supranational factors that shape national business activities8 4. 1 Discuss the importation of foreign craft to UK based archeological site org anisations8 4. Analyze the seismic disturbance of global factors on UK business organisations9 4. 3 Evaluate the involve of policies of the European confederacy 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 disposal or a ac c all in aller-out can be multi facet. The purpose of all the system 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 give-up the ghost by its brand name, commodity leave behind, quality of product. No high society should earn a compromise when the question of good impart of the organisation is concerned. It takes eld to micturateher to establish a Brand Name of the product produced by the comp all. Apart from quality,the question of after sales service, availability , net work trunk play burning(prenominal) role. An organisation of repute should extend to for profit which is the issue of any organisation.An organization is a companionable entity which pursues specified goals and controls its own executing. in that respect ar some boundaries which separate organization from its environment. There are divers(a) purposes of different organizations exchangeable profit-for and not-for-profit organizations operate for various purposes. The purpose of a not-for-profit organization is to bring loving reforms like educational institutions etcetera On the other hand, the purpose of a profit for organization is to proffer products or expensive go to earn returns.Therefore, the purpose of every organization differs and all employees are motivated to attain the goals regulate by the organization Rate This do The organizational purpose primarily defines the major reason of existence of an organization in the market. Generally, the sole pur pose of any organization should be live up to customers. For a manufacturing organization, which is into manufacturing of farming equipments, the purpose can be providing wide- regorge 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 to a greater extent(prenominal) efficient and to make people to achieve legitimate goals of their life. In the akin centering, the purpose of a non-profit organization is to provide services that benefit to creation or in simple terms, to pay heed pieceity. Likewise, every organization bequeath exact a purpose, which emphasizes on organizational growth as wholesome as society growth.Similarly, the purpose of Anglo American, a leading mining union in the world, is to deliver excellence in safe and responsible way by adding value to communities, people, org anizations, giving medications and stakeholders in areas much(prenominal) as mining and exploration (AngloAmerican, 2011). With the do of sustainable policies and approaches much(prenominal) as integrated sustainable phylogenesis, transparency, ethics, human rights and collaborations, Anglo American has been striving to stick to the basic purpose of the organization (AngloAmerican, 2011). . 2Describe the extent to which Anglo American meets the objectives of different stakeholders Stakeholder is a person or a grouping of people or organizations that directly or indirectly get stirred due to the actions or activities of an organization. Organizations have to keep all stakeholders in intelligence while taking any decision that impacts internal and external organization. Employees, suppliers, creditors, debtors, investors and customers etc. , are considered some of the major stakeholders of any organization (James, 2002).Different stakeholders of an organization will have dif ferent objectives. For pillow slip, the objective of an investor is to gain profits from the investment which he or she made in the organization. Similarly, the objective of employee to work in a safe working environment, learn work and grow in the bodied ladder etc. As a mining organization, Anglo American has to meet the objectives of primary stakeholders like investors, employees and creditors and secondary stakeholders like general public, communities, activist groups and media.With the sustainable development approach, Anglo American has been reaching the objectives of all stakeholders for past few years. With the performance score card, which tracks the performance of organization against social and environmental indicators, Anglo American has been counsel on areas such as sentry go, health, social performance, socio- sparing performance, rural health systems development and enterprise development (AngloAmerican, 2011).As far as safety is concerned, the fatal injuries have reduced to 17 in 2011. The number of new cases of occupational ailment has been earthshakingly dropped to 190 in 2011 from 280 in 2007. Nearly 93% sites discover OHSAS 18001 standards, which is a pre paramount achievement of Anglo American in the area of safety and health management. Overall, the organization has witnessed good growth rates in every area that affects stakeholders in 2011.To comply the rules of environmental management systems standards, nearly 94% of all sites have undergone ISO 14001 certification all infrastructure and equipments are purchased to make comply the rules of environmental standards (AngloAmerican, 2011). 1. 3. Highlight the responsibilities and also explain the strategies used in connection with contacting these responsibilities at Anglo American. As a mining organization, Anglo American has to fulfill economical, social and environmental responsibilities.Some of the major responsibility of Anglo American is to implement surmount practices acros s all branch offices to evacuate social and community issues to move on site level capacities to manage social issues to contribute to societies by allocating bullion to enrich poor communities, improve facilities at site level to avoid health and safety risks to make a framework improves the engagement of all stakeholders to develop sustainable environment. With the help of the Anglo American plcs Socio-Economic Assessment toolbox (SEAT), the organization has been efficaciously assessing the social and environmental responsibilities (AngloAmerican, 2011).With the help of SEAT, Anglo American has been effectively identifying the local stakeholders, environmental risks, social and community issues, analyzing risks at shop theme facilities across all sites, growth a matrix to help communities and societies to reference point some major challenges etc. With the help of SEAT, Anglo American has been successfully fulfilling social and environmental responsibilities (AngloAmerican , 2011). Task-3 3. Understand the behavior of organisations in their market environment 3. 1.Evaluate the impact of competition policy and other regulatory mechanisms of theUK administration on Anglo Americans activities The major aim of the competitive policy and other regulatory mechanisms in UK is to make organizations work in a better environment and to let organizations contribute to effectiveness and competitiveness of UK economy. These regulatory policies have been impacting Anglo American organization both positively and proscribely by eliminating anti-trust groups or cartels in the industry, liberalizing the market, implementing State instigate Control and involving in merger control.Organizations like Anglo American, which strive for ethical values and transparency, have been losing their market share due to fair agreements and cartels in the market (Parkin, 2002). The first pillar of competition policy of UK whole caboodle on eliminating fair agreements and fixed-pr ice agreements that seek to restrict competition. By restricting the antitrust and fixed-price agreements in the market, Anglo American will get a run across to serve more customers in an ethical and transparent way.The second pillar of the competition policy, which takes care of liberalized the market, may impact Anglo American in a interdict way because the liberalization of the market is vigor but giving chance to fresh competitors. The increased competition may affect some business segments of Anglo American (AngloAmerican, 2011). The third pillar of competition strategy, which takes care of State Aid Control, may also impact Anglo American in a negative way because it will be very difficult for the organization to get grants or funds from government if the organization does not show any future prospects (AngloAmerican, 2011).The 4th pillar of competition policy is merger control. This mightiness affect Anglo American in positive and negative ways because Anglo American can take the help of government to successfully close a merger activity if everything is perfect but some times government will not approve for the merger activity if the merger amongst both companies spoils the competitive environment. 3. 2 Define the various types of markets and explain how two of these types of markets would determine the price and getup decisions of a UK based organisation.Perfect competition is nothing but a market, where all organizations will have equal strengths and weaknesses. In this type of market, it is very difficult to find organizations that have power to regulate pricing structure. Monopoly is nothing but an organization which has power to the control of the market (binger and Hoffman, 1998). Organizations will act as monopolies when there is no competition in the market. Monopolistic competition is nothing but a market which has legion(predicate) of competitors but they sell slightly differentiated products.Monopolistic competitive market is an c orrupted competitive market which give space for numerous of companies as colossal as the profits are attractive (Binger and Hoffman, 1998). Oligopoly is nothing but a market, which is dominated by a few numbers of organizations. The market form, oligopoly arises due to lack of competitors in the market. Similar to Monopoly, where only one major organization exists in the market, the duopoly is a market form, where only two organizations exist (Binger and Hoffman, 1998).Source Binger and Hoffman, 1998 Google is a perfect example of Monopoly, which commands nearly 70% of search railway locomotive traffic. As a monopoly in search engine market the pricing structure of Google will fix the way nascent search engines like gocomb. com, which is launched very recently. As a new search engine, to compete with handsome giants like Google and Yahoo, it has to offer advertising services at cheaper cost. When it receives to output decision, Gocomb. com has to offer high advertising space at marginal or no profit.The perfect examples for perfect competition in UK are fruit vendors or vegetable vendors who sell products at almost same price. The pricing decisions and output decisions will not be cultivated in perfect competitive market because of no entry/exist barriers and switching costs. 3. 3. Using a range of examples both from within and outside the context of a UK based company illustrate how market forces forge and dictate the responses of organisations. Market forces such as policy-making, economical and social will check the responses of organization (Dunnett, 1997).Political forces are majorly link to government actions and law. The way recent London riots 2011 impacted the business activities of various organization can be considered as perfect example for political force. These riots adopted assets of numerous organizations pushing them to cost pressures. Economical forces that influence organizations are economic crisis, unemployment and poor economic climate. The recent economic crisis of 2008 is a perfect example for how poor economic climate or business environment influence organizations.In response to economic forces, organizations will face pressures from all stakeholders including employees. As social forces affect attitude, perception and interest of individuals, the result will obviously influence organizations (Hornby, 2001). The perfect example of social factors is the changing attitudes of UK people towards health and diet. To bring home the bacon the increased demand, numerous of fitness centers and organic food centers have come up in UK. 3. 4.Judge how the business and cultural environments shape the behaviour of a selected organization Business environments such as religious organizations, banking and financial institutions, and government agencies will shape the behavior of organizations like General Healthcare Group. organisation agencies such as regulatory bodies and policy making institutions will shape the way GHS operates. Generally, most of the policies of UK healthcare system are made in favor government organizations.Similarly, the interest rates offered by banking and financial institutions will influence the decisions of GHS in launching new services. Cultural environmental factors such as national cultures, traditions, individual behaviors, and green issues will also influence the way organizations operates. In this globalized environment, national culture, which is comprised of values, beliefs and tradition and religions of employees, will influence the organizations like Anglo American in a great way.To manage diverse workforce, the top management of Anglo American or GHS has to implement wide-range of human resource and lead strategies to create an all inclusive environment that facilitates growth of the organization. Individual behaviors such as attitudes, perceptions and personal characteristics of employees will also shape the behavior of Anglo American or GHS. 4. Assess the significance of the global factors that shape national business activities 4. 1 Discuss the significance of worldwide trade to UK based mining organisationsInternational trade is nothing but exchange of goods and services across the international borders of various countries. While mining companies make a signification theatrical role to the economy of UK, and world economy, international trade is playing a significant role in this contribution. In fact, international trade is making UKs mining companies to be in comfort zone. The major benefit of international trade to UK mining companies is to the opportunity to export construction equipments, and mining equipments to developing countries like India, China, Brazil, and Eastern Europe (Dawes, 1995).The international trade has also been portion mining organizations of UK to effectively utilize existing natural resources to produce more goods and services that lift the world economy. As London is considered as a home for larg e scale metal producers, UK has become a dominant player to export mining goods to several other European Countries as well as the United Sates (Dawes, 1995). The international trade is also dowery UK mining companies to important raw materials from other European countries and Asian Countries at cheaper cost. 4. Analyze the impact of global factors on UK business organisations In right aways competitive environment, numerous of global factors such as international markets, international competitiveness, export markets, trade blocs and international growth will impact the way UK business organizations operate. Based on these key factors, UK organizations should rework on their business strategies in regular in regular intervals. orbicular factors majorly influence strategic decisions related to access to new international markets, trade blocs and important acquisitions.Trade Blocs will majorly impact UK organizations at the time of entering into new markets such as NAFTA. Some of the other factors that impact UK organizations are social, political, economical, technological and healthy factors in various countries. Global factors majorly impact organizations that depend on imports and exports (Dicken,1998). If gross policies in Asian Countries like India and China, from where most of the UK companies import raw materials, are changed, it will impact the cost structure of the UK organizations.In the same way cultural factors like religious considerations, environmental considerations and ethical considerations in one dry land to where UK organizations export goods and services may impact sales. Similarly, economic policies such as fiscal policies, exchange rates and internal regulations will also impact the exports of UK companies (Dicken,1998). 4. 3 Evaluate the impact of policies of the European Union on UK business organisations. Some of the major policies that impact the UK business organizations are Agricultural form _or_ system of government and Co mmon Fisheries Policy and Healthcare Policy.Mostly, European policies will impact organizations in both positive and negative way. It helps organizations to increase the productivity, ensure fair trade across all sectors, market stabilization, streamline supply markets, and provide goods and services at an affordable rate to customers. European policies will also help organizations work in a perfect competitive markets, facilitates acquisitions and mergers and work nigh with related regulatory bodies etc. Moreover, policies of European Union will demand organizations in major sectors like healthcare sector to maintain good infrastructure to provide quality services.The major policies of European Unions have majorly four mechanisms. The first mechanism demands organizations to produce quality products and take care of rate as well as packaging. The second mechanism helps organizations to protect themselves from market changes. The third mechanism asks organizations to set competiti ve prices. The fourth mechanism is set various standards for trade with non European Nations. References AngloAmerican, 2011. Anglo American Annual Report, 2011. Retrieved on twenty-third November, 2012 from Binger, B. and Hoffman, E. , 1998. Microeconomics with Calculus, 2nd ed.Addison-Wesley. Dawes, B. , 1995. International Business A European Perspective. London Nelson Thornes Publishers. Dicken, P. , 1998. Global Shift Transforming the World Economy. London Paul Chapman Publishing. Dunnett, A. , 1997. The Macroeconomic Environment. New jersey assimilator Hall. Hornby, W. , 2001. Business Economics. New Jersey Financial Times Prentice Hall. James, P. , 2002. Redefining the Corporation Stakeholder Management and Organizational Wealth. Stanford University Press. Parkin, M. , 2002. European Economics. New Jersey Pearson learning