Posted: September 13th, 2017

Business Environment

Business Environment

Complete each task on a separate sheet(s) of paper. Your assignment should be word-processed and should not exceed 400 words per task, total of 1600 words.

Scenario

Fred Smith is the founder of Smith Electronics (SE), a company which produces computer parts for the computer industry in the United Kingdom and the European Union. SE is now a public limited company (Plc). You are a management trainee and Fred has asked you to write an informal report outlining current changes in the business environment for the computer industry. Use recent examples where possible. Your report should include the following:

PASS TASKS
P1.1 Identify the purposes of different types of organisations like SE.

P1.2 Describe the extent to which a Plc. organisation like SE meets the objectives of
different stakeholders.

P1.3 Explain the responsibilities of an organisation like SE and the strategies employed to
meet them.

P2.1 Explain how economic systems like the UK attempt to allocate and make use
of resources effectively.