+1-415-670-9189
info@expertsmind.com
Understand the organizational purpose of the business
Course:- Business Management
Reference No.:- EM13499




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Management

Sports Direct is the UK's leading sports retailer by revenue and operating profit, and the owner of a significant number of world famous sport, fashion and lifestyle brands. The Company supplies a wide range of competitively priced sports and leisure equipment, clothing, footwear and accessories. You as a branch manager of "sports direct"have been asked by your regional manager to communicate in written with your newly hired personnel's for the organization. In your communication you have to address the following objectives.

Objectives:

1: Understand the organizational purpose of the business

2: Understand the nature of the national environment in which business operate

3: Understand the behaviour of organizations in their market environment

4: Be able to assess the significance of the global factors that shape national business

LO1:

1.1 Identify the purposes of different types of organization

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 them

LO2:

2.1 Explain how economic systems attempt 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.

LO3:

3.1 Explain how market structures determine the pricing and output decisions of businesses

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 behavior of a selected organization.

LO4:

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.




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (Business Management) Materials
legal issue and Legal rule to Analysis or application of the rule to the facts Wally as well as Eddie entered into an agreement under which Wally agreed to paint Eddie's house
What is the most common form of insurance linked security issued? Is the reinsurance market hard or soft ? What is float? What is the investment picture for portfolio of in
Thus far in the formulation of your argument, you have analyzed claims and evidence. Left alone, these statements have little significance. This week, you have explored how
If you have a common business, such as a restaurant or nail salon, explain why your customers need your particular restaurant or nail salon. Do you offer lower prices? More
Is it possible for mitigation activities to eliminate or worsen a disaster's impacts, and if so, how? Identify any factors that may impact those efforts, either negatively o
What are the current perceptions of McDonald's employees in terms workplace satisfaction? Specifically they also want to know: Is McDonald's seen as an employer of choice?
The Struggle for Power at Ramsey Electronics - Write a report in which you present the identification and analysis of an organisational behaviour problem evident in a given
What kind of effect do you expect to see on the equilibrium price and quantity of meat and describe your answer in terms of shifts in demand and supply of meat and meat prod