Table of ContentsIntroduction:

1.1 Identify the purposes of different types of organization considering their legal structure and types (private company, public company, voluntary organization, co operative, charitable)

1.2 Describe the extent to which an organization meets the objectives of different stakeholders

1.3 Explain the responsibilities of an organization and strategies employed to meet stakeholder interests; conflict of expectations; satisfying stakeholders objectives

2.1 Explain how economic systems to allocate resources effectively

2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities

2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organization

3.1 Explain how market structures determine the pricing and output decisions of businesses. Explain UKs present and communicate appropriate market situation and determine which structure could help.

3.2 Illustrate the way in which market forces shape organizational responses using a range of examples

3.3 Judge how the business and cultural environments shape the behaviour of selected organization. As I am an Business analyst considering the alternatives, appropriations, feasibility, desirability for managing and organizing activities

4.1 Discuss the significance of international trade to UK business organizations

4.2 Analyze the impact of global factors on UK business organizations.

4.3 Evaluate the impact of policies of the European Union on UK business organizations. Recommend UK business organizations with creative thinking how they can benefit from the EU policies.

Conclusion:

Introduction:Business environment is an important subject that identifies the organizations business opportunities, places, and shapes the structure for the organization because the organizations are formal because they are legal entities and must be abide by the business and company laws. The organizations have rules and procedures that are specific. Organizations are social structure because they are collection of social elements, much as a machine has structure - a particular arrangement of values, shifts, cams, and other parts. Organizations are in part information processing entities. As the responsibilities of an organization and strategies employed to meet stakeholder interests are an important function for the organization, it has particular division to handle this situation (Jeffrey & Collins, 2004).

1.1 Identify the purposes of different types of organization considering their legal structure and types (private company, public company, voluntary organization, co operative, charitable)

There are different types of organization considering their legal structure and types such as private company, public company, voluntary organization, co operative, charitable organization. The traditional business firm was and still is hierarchical, centralized, structured arrangement of specialists that typically relies on a fixed set of standard operating procedures to deliver a mass produced product or services. The new style set of standard operating procedure business firm has become flattened that mean to less hierarchical, decentralized, customized and flexible arrangements of generalists who rely on real time information to deliver mass customized products and services uniquely suited to specific markets or customers. This new style of organization and business environment has become popular in recent time. This new direction would be unthinkable without the development business environment and new technology (Hans & Marconi, 2002). The purposes of different types of organization considering their legal structure and types are to establish the market according to the types, segments, advantages, business opportunities, industrialization, facilities, funds and business environment of the organization. The capital structure of the business depend on the business type of the organization and the types of products serve to the customers are also determinant of companys capital and investment policy that can be found from market research and information from marketing and promotional campaigns (Yuan & William, 2004).

1.2 Describe the extent to which an organization meets the objectives of different stakeholders

An organization meets the objectives and goals of the company of different stakeholders by taking some important measurements that are identified the management body and corporate governance of the organization. As an organization is stable, social, and formal structure that takes resources from the environment and processes them to produce output. This technical definition focuses on three elements of an organization. Capital and labour are the major and important inputs and primary production factors provided by the business environment. The organization using business environment transforms these into products and services in a production function; hence it is a process that transforms capital and labour into product. Then the products and services are consumed and used by environments in return for supply inputs (Nita & Tariq, 2003).

Graph: Business goals, mission, vision, objectives

An organization meets the objectives of different stakeholders by maximizing the profit of the organization. Though profit is not or should not be the primary goal for an organization, the ultimate goals and performance of an organization is made and fixed by measuring the companys profits and profitability.

1.3 Explain the responsibilities of an organization and strategies employed to meet stakeholder interests; conflict of expectations; satisfying stakeholders objectives

There are lots of responsibilities of an organization and strategies employed to meet stakeholder interests; conflict of expectations; satisfying stakeholders objectives. The stakeholders of the organization mean to the parties and companys clients including companys suppliers, customers, and investors. Because of an organization that is more stable than an informal group in terms of longevity, it has an particular identity in controlling the situation in business environment. Organizations are formal because they are legal entities and must be abide by the business and company laws. The organizations have rules and procedures that are specific. Organizations are social structure because they are collection of social elements, much as a machine has structure - a particular arrangement of values, shifts, cams, and other parts. Organizations are in part information processing entities. As the responsibilities of an organization and strategies employed to meet stakeholder interests are an important function for the organization, it has particular division to handle this situation. The organization has also capabilities to manage the conflict of expectations; and it always tries satisfying stakeholders objectives because the stakeholders are the major investors and partners of the organization. (Kip, Ouse & Tykes, Byhalia, 2007)

2.1 Explain how economic systems to allocate resources effectively

An economic systems that allocates business and organizations resources effectively, has to have strategic goals and guidance to control over the entire business system. The economic system plays an important role for the development of the organization as it is a collection of rights, privileges, obligations, and responsibilities that are delicately balanced over a period of time through conflict management and proper resolution to the raised problem. In this behavioural view of the firm, people and the corporate clients, and the employees in organization develop customary ways of working; they gain attachments to existing relationships, and they make arrangements with subordinates and supervisors about how work will be done, and under what conditions. Most of these arrangements and feelings are not discussed in any rulebooks. The economic system is totally depend on it because the organizational view is most important to solve business related problems and to get quick solution to the problems (Collins & Bobbi, 2006).

Graph: Circular Flow of Income(Source: Malden, N, T & Brews, S (2003) The Importance of Business Environment, Brendon Publication Limited, 4th Edition, and P: 112-150, 120-165)The graph above shows the resource allocating system in an economy of a nation. The circular flow of income has lots of contribution in national income and resource allocation process. The parties and contributor of circular flow of income are households, resource markets, products markets, and business organization of firms.

2.2 Assess the impact of fiscal and monetary policy on business organizations and their activities

The impacts of fiscal and monetary policy on business organizations are very effective and responsive as well. The fiscal policy is the government policy, using which government of an independent nation rules over on financial institutions and industrialization, government expenditures, tax revenue, and government rules and laws on firms and companies. The government collects tax revenue imposing the VAT, and direct tax (Income tax); government make payments for further development works, and government other expenditures that fall under fiscal policy taken by the government (Guan & Rakes, 2001).

Graph: Government Policy

The monetary policy is referred to the controlling of money supply by the central bank of a country using a higher or lower interest rate and government bonds. The tools are effective to control the money supply in the economy and control over or tackle the inflation or deflation. These types of situation can be controlled and managed by monetary policy (Morin, Arul, 2002).

Graph: Expansion and Contraction Policy(Source: Sep, Tooke and Akers, Julia (2007) Business Environment and Organizational Development, 5th Edition, McGraw Hill Publication Ltd, p: 123)2.3 Evaluate the impact of competition policy and other regulatory mechanisms on the activities of a selected organizationThe impact of competition policy and other regulatory mechanisms on the activities in a organization is very influential and responsive. The competition policy among the competitors of business firms, industry, and organizations follow their competitors to survive in the competitive market place. It is very important to notice the competitors and take over any types of situation by the management (Palmer & Rodriguez, 2004).

In case of Dell Inc, the organization got a test of being a market leader during 2000s. That time the organization has supplied latest types of products to its international customers, the low prices strategy help the organization to grasp the market share of the company. The other regulatory mechanisms of this company help to take a control over the growing market in computer industry (Roger & Beckons, 2001).

3.1 Explain how market structures determine the pricing and output decisions of businesses. Explain UKs present and communicate appropriate market situation and determine which structure could help.The market structures often determine the pricing and output decisions of businesses. An explanation of UKs present market situation is enough to depict the situation. The pricing strategy depends on the situation of market structure and the competition in the market place among the seller. It also depends on the consumers purchasing power, buying ability, and products quality. Products quality and strong brand image is the important measures that control the products pricing in a market place (Palmer & Rodriguez, 2004).

Chart: Types of Markets(Source: Pedi, Lynch and Rues, L (2007) Organizational Behaviour 5th Edition, Reckon wood Publications Limited, p: 68)3.2 Illustrate the way in which market forces shape organizational responses using a range of examplesThere are several market forces that shape organizational responses using a range of service and products availability. In case of competitive market, the price of the products is determined based on the competitors price and market demand for the products. The demand of the customer is controlled by the purchasing power of the buyer or the customers. It is an important stage for the market researcher to find a suitable solution to the customers problems and setting a bearable and payable price for that. There are different types of forces that shape organizational responses. These types of force change the internal environment of the organization. The internal environment is consisted with the parties and factors of organizations internal matters such as the employees of the organization, the technology, the information related to business policy, and the strategic intent, and finally the brand image are the internal factors for the organization. These all tend to change the organizational shape keeping a face with the customer growing and changing market demand and competitors products or service specialization (Palmer & Rodriguez, 2004).

Graph: Forces of economy from the view point of international trade(Source: Alep, Fouke and Teas, Bhili (2007) Business Environment and Organizational Development, 5th Edition, McGraw Hill Publication Ltd, p: 103)3.3 Judge how the business and cultural environments shape the behaviour of selected organization. As I am an Business analyst considering the alternatives, appropriations, feasibility, desirability for managing and organizing activitiesThe analysis and the report show that the business and cultural environments shape the behaviour of particular organization. The alternatives, appropriations, feasibility, desirability for managing and organizing activities, are the important factors for the business development process. It depends on the decision making process though it is a sequential process of several process, people considers decision making as taking action. Every organization and managers of every organization has to take several actions for several purposes. Such action taking process is simply called decision making. It is the duty of management of an organization to decide which products to be sold more, which products prices will be cut down, which brand should be taken off from the market place which mode of distribution will be used to deliver products. These all depends on the decision making process, and implementation of the decisions (Martin & Hingis, 2001). The impact of global economy: The impact of global economy on business functions is immense as global economy influence the activities of an organizations business functions directly or indirectly. The impact has been seen in economic crisis all over the world in the year of 2009 when European countries and United States of America has faced from credit crunch problems and severe credit crisis that make most of the organizations in the list of default. The impact is positive and brings best outcomes if global economic condition is comparatively better but it has negative impact on business firms if some countries face economic crisis. This happens because of direct impact of economy of one nation that has peer relationship as business partners. However, the business firms should tae precautionary actions to overcome these economic problems to sustain the business in spite of global economic crisis. (Kildee, Croly & Revs, S (2003)4.1 Discuss the significance of international trade to UK business organizations There is significance of international trade to UK business organizations. The international trade process has a huge effect on UK business organization. As an organization meets the objectives and goals of the company of different stakeholders by taking some important measurements that are identified the management body and corporate governance of the organization that is stable, social, and formal structure that takes resources from the environment and processes them to produce output which focuses on three elements of an organization. Capital and labour are the major and important inputs and primary production factors provided by the business environment. The organization using business environment transforms these into products and services in a production function; hence it is a process that transforms capital and labour into product. Then the products and services are consumed and used by environments in return for supply inputs. Capital market has shaped the UK economy and has the great contribution in international business. The growth of UK business has become profitable over the world and there are lots of participants are taking part in investing to UK capital market (Annual Report of London Stock Exchange, 2012).

Graph: International business and economic effects of tariffs(Source: Lido, Cynic and Rakes, K, L (2007) Organizational Behaviour 5th Edition, Reckon wood Publications Limited, p: 78)4.2 Analyze the impact of global factors on UK business organizations. The impact of global factors on UK business organization is remarkable. The global factors are the factors that shape the economy and force to determine the business criteria and investment structure. The graph below shows important information about the economic problem and global resource scarcity.

(Source: Silone, N, T and Irony and Rows, S (2003) The Importance of Business Environment, Brendon Publication Limited, 4th Edition, & P: 131)The economic growth of a country depends on the use and capitalization of its resources in global arena. It has productive effect, and allocation of efficiency depending on its use and capitalization. It is noticeable that the purposes of different types of organization considering their legal structure and types are to establish the market according to the types, segments, advantages, business opportunities, industrialization, facilities, funds and business environment of the organization. The capital structure of the business depend on the business type of the organization and the types of products serve to the customers are also determinant of companys capital and investment policy that can be found from market research and information from marketing and promotional campaigns. Capital and labour are the major and important inputs and primary production factors provided by the business environment. The organization using business environment transforms these into products and services in a production function; hence it is a process that transforms capital and labour into product. Then the products and services are consumed and used by environments in return for supply inputs. As an organization meets the objectives of different stakeholders by maximizing the profit of the organization, it has a force and pressure to build the market share and satisfy its investors. Though profit is not or should not be the primary goal for an organization, the ultimate goals and performance of an organization is made and fixed by measuring the companys profits and profitability. Organizations are in part information processing entities. As the responsibilities of an organization and strategies employed to meet stakeholder interests are an important function for the organization, it has particular division to handle this situation. The organization has also capabilities to manage the conflict of expectationsThe competition policy in UK markets among the competitors of business firms, industry, and organizations follow their competitors to survive in the competitive market place. It is very important to notice the competitors and take over any types of situation by the management as there are several market forces that shape organizational responses using a range of service and products availability. In case of competitive market, the price of the products is determined based on the competitors price and market demand for the products. The demand of the customer is controlled by the purchasing power of the buyer or the customers. It is an important stage for the market researcher to find a suitable solution to the customers problems and setting a bearable and payable price for that. There are different types of forces that shape organizational responses. These types of force change the internal environment of the organization. The internal environment is consisted with the parties and factors of organizations internal matters such as the employees of the organization, the technology, the information related to business policy, and the strategic intent, and finally the brand image are the internal factors for the organization. These all tend to change the organizational shape keeping a face with the customer growing and changing market demand and competitors products or service specialization (Gonzalez, Holguin, 2006). 4.3 Evaluate the impact of policies of the European Union on UK business organizations. Recommend UK business organizations with creative thinking how they can benefit from the EU policies.There is an effective impact of policies of the European Union on UK business organizations. The UK business organizations can benefit from the EU policies with creative thinking and proper utilization of its internal resources and organizational strength, the policies, strategies, and by using the techniques of being a market leader in the industry of firms of EU businesses. The market is very potential and profitable as well. The evaluation on UK business organizations finds that An economic systems that allocates business and organizations resources effectively, has to have strategic goals and guidance to control over the entire business system. The economic system plays an important role for the development of the organization as it is a collection of rights, privileges, obligations, and responsibilities that are delicately balanced over a period of time through conflict management and proper resolution to the raised problem. In this behavioural view of the firm, people and the corporate clients, and the employees in organization develop customary ways of working; they gain attachments to existing relationships, and they make arrangements with subordinates and supervisors about how work will be done, and under what conditions. (Zelda, N, T & Kory (2003)The analysis finds that UKs present market situation is enough to depict the situation that depends on the consumers purchasing power, buying ability, and products quality. Products quality and strong brand image is the important measures that control the products pricing in a market place. The international trade process has a huge effect on UK business organization. As an organization meets the objectives and goals of the company of different stakeholders by taking some important measurements that are identified the management body and corporate governance of the organization that is stable, social, and formal structure that takes resources from the environment and processes them to produce output which focuses on three elements of an organization. Capital and labour are the major and important inputs and primary production factors provided by the business environment. Most of these arrangements and feelings are not discussed in any rulebooks. The economic system is totally depends on it because the organizational view is most important to solve business related problems and to get quick solution to the problems. The organization using business environment transforms these into products and services in a production function; hence it is a process that transforms capital and labour into product. Then the products and services are consumed and used by environments in return for supply inputs. Capital market has shaped the UK economy and has the great contribution in international business. The growth of UK business has become profitable over the world and there are lots of participants are taking part in investing to UK capital market. (Minis, K, R & Kuris, T, 2005)Conclusion:Finally it is clear that the necessity of business environment and its shape has enormous importance and essentialities. Though the traditional business firm was and still is hierarchical, centralized, structured arrangement of specialists that typically relies on a fixed set of standard operating procedures to deliver a mass produced product or services, the new style set of standard operating procedure business firm has become flattened that mean to less hierarchical, decentralized, customized and flexible arrangements of generalists who rely on real time information to deliver mass customized products and services uniquely suited to specific markets or customers. This new style of organization and business environment has become popular in recent time. This new direction would be unthinkable without the development business environment and new technology.

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