IntroductionThe business environment is the composite of a business’ssurroundings and factors, that affect an organization’s decisions, itspurposes, and its goals. These factors are economic.
All the stakeholderinfluence in operating a business. Therefore, a business-friendly environmentis tried to create by every organization which will lead the organization tomeet its mission and vision. The whole business environment is sorted into three types. a) Micro, b) Macro and c)Market. Internal forces that directly affect the business such as-shareholders, employees, customers, suppliers, and competitors; are thecomponents of micro-environments. Uncontrollable external factors build upmacro-environment such as- culture, society, politics, geography, anddemography. Components of the industry in which a business is operated comprisethe market environment.So, in nowadays companies around the globe want to makesuch environment that assists the entity to sustain and accelerate further.
P1 Describing The Business, Purpose, AndOwnership Of Two Contrasting Businesses Businessis an economic entity where products and services are exchanged with a view toearning a profit. Investment andcustomers are required in this financial activity to sustain in the market.Several types of business organizations are seen in the market: 1. Publicorganization 2. Privateorganization 3. Soleproprietorship 4.
Profitorganization 5. Non-profitorganization Herewe will choose two organizations. These are Coca-cola and Alibaba. Coca-cola isthe world’s largest beverage company, based in the USA.
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It provides the world with over 1.9 billion servings in more than 200countries each day. Coca-cola is a publicly owned profit organization.
It isenvironment-friendly, a sustainable company which is lead by innovation. The purposes of the Coca-cola are: · To refresh the world.· To inspire moments of optimism andhappiness.· To create value and make a difference. Whereas Alibaba is the largeste-commerce company in the world, it is based in China.
