Business Environment Proofreading Service - Locus Assignments

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Business Environment Proofreading Service
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Introduction

• Business environment of any organization is made
  of various different elements and is further
  impacted by numerous factors. Some of these
  factors are in control of the organization, while
  many others are not.
• The decision making process of any organization
  rely heavily on such factors and adequate
  strategies need to be made to gain maximum profit
  with the existing business environment to the
  business organization.
• As the business environment is rapidly changing
  across all industries, it is equally more
  important for the business organizations to
  develop adequate strategies and decisions in a
  rapid manner, and then implementing the
  strategies quickly.

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Business Environment
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Identify the different types of organization
Organizations are created on basis of a social
agreement that takes place between the various
stakeholders in an organization who aim to make
efforts in collective manner to achieve a single
organizational goal (Worthington and Britton,
2006). In common business reference, the policies
and decisions of a business organization are
influenced by the environment, but the
organization itself remains separate from the
environment.
At present times, there are several types of
organizations that exist. The organizations can
be broadly categorized into the following five
categories 
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Commercial organization such an organization
remains functional in business environment with
the aim of achieving financial success. The
decision making process in such organization is
centrally focused on higher revenues.
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Non Profit organizations in contrast with the
commercial kind of business entities, the
non-profit organization have no aim of earning
profits from their practices, instead, they serve
the purpose of helping others and community
service.
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Public sector organization The organizations
active in the public sector are generally owned
and governed by local governments (state or
federal). Such organizations generally have a
self-supporting business model (Bove?e and Thill,
2000). In most situations, the aim of such
organizations is to provide government services
to the general public. 
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Non-government organizations NGOs are separate
from the functioning methods of a commercial
organization as these organizations do not get
involved in any kind of business activity. The
services provided by such organizations rely
primarily on volunteers and public funding. Aim
of NGOs is to support a social cause in most
cases.
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Co-operative organizations In a co-operative
organization, the governing authority is
distributed among its members in equal manner.
Such an organization follow the concept of
democracy in decision making process. 
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Organization meets the objectives of different
stakeholders
The aim of British Airways is to make sure that
by the business activities of it, it is meeting
with the requirements of its stakeholders. In
case of the British Airways, the company has
different stakeholders as mentioned below
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Company employees British Airways has the
responsibility towards its employee to provide
them safe workplace environment and a competitive
and motivational business environment. The
organization meets its responsibilities by
following global standards of workplace safety,
and also engages in activities of skill
enhancement for its employees. Company
shareholders The shareholders of the company
have the aim of making profits from the growth of
company. British Airways addresses the needs of
its shareholders by continuing to develop
effective business strategies that allows the
organization to grow in short term as well as
long term manner.
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Customers The responsibility of British
Airways towards its various customers is fair
pricing of services, transparency and higher
safety regarding the services it provides
(Lenssen, Louche and Van Den Berghe, 2005). The
company provides these features to the customers
and ensures that global standards for passenger
safety are strictly followed. Society
British airways is involved in a group of
different airline companies that facilitates
self-regulation to make sure that the services
offered are adequately appropriate and safe on
grounds of ethical considerations. 
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Analyse the impact of global factors on UK
business organizations
In the present business environment which is
facilitating the globalization of business
organizations and their services, the global
factors have impact on all regional organizations
in different parts of the world. British
Airways, being a UK based company that is having
its commercial operations, is highly impacted by
the different global factors. For example- the
company needs to continuously deal with the
factor of exchange rates on global scale which
impacts the financial state of the
organization(Dosi and Galambos, 2013).
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Conclusion In the presented report, the
business environment of British Airways is
analysed for various factors that influence the
organization. The paper also analysed the
organizational structure of the organization as
well as the resource allocation process
influencing factors. Impact of various local
and global business factors on the organizational
decision-making process of British Airways is
assessed in this report. The report also
evaluated and shed some lights on the
organizations Corporate Social Responsibility
(CSR) factors.
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References 1. Bove?e, C. and Thill, J. (2000).
Business communication today. Upper Saddle River,
N.J. Prentice Hall. 2. Britton, T. (2013).
Economic systems. Minneapolis, MN ABDO
Pub. 3. Carlberg, M. (2006). Monetary and fiscal
policies in the Euro area. Berlin
Springer. 4. Clarke, R. and Morgan, E. (2006).
New developments in UK and EU competition policy.
Cheltenham, Glos, UK Edward Elgar. 5. Dosi, G.
and Galambos, L. (2013). The Third Industrial
Revolution in Global Business. Cambridge
Cambridge University Press. 6. Endres, G.
(1989). British Airways. London Ian
Allan. 7. Etro, F. (2009). Endogenous market
structures and the macroeconomy. Berlin
Springer-Verlag. 
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