Business Environments Assignment Example | Topics and Well Written Essays - 2500 words

Business Environments - Assignment ExampleWhether for-profit or non-profit, organisations embody a very diverse and voluminous assortment of strategic goals that are designed around a collective objective. Organisations must meet the needs of very diverse and dynamic stakeholders whilst also victorious into consideration the economic policies in the region where the organisation operates, consider existing market forces that influence decision-making, and also take into account the potential cultural aspects of serious stakeholders if the organisation is to have successful outputs and outcomes. The report explores a broader definition of organisations, their role in satisfying diverse stakeholders, and the market environment that influences organisational decision-making whether for-profit or non-profit. Identifying the invention of organisations in that location are many different varieties of organisations, including corporations, non-profits, cooperatives, partnerships and go vernments. Organisations embody a very rich assortment of goals and visions, either set-up to service the needs of diverse international stakeholders, provide a valuable product or service that enhances the eudaemonia of consumers, elicit some form of political or social change, or improve the social eudaimonia of stakeholders linked to the mission of the organisation. Organisations require leadership and oversight in order to ensure compliance to regulatory frameworks both domestic and international and have the strength to call upon a common heritage of committee structures or formal meetings (Smith 2010, p.2) to ensure the organisation is meeting its long-term goals and purpose (mission). One example of this deal be found with the UK-based non-profit, the Centre for Better health, which provides well- universe to consumers through counselling services and assists individuals in the London region to better develop their employability skills. This organisation is considered a s ocial enterprise, whereby its purpose is to provide enhanced lifestyle and health promotion to stakeholders in the region. Consisting of 20 different staff members and 50 volunteers, the Centre for Better Health elicits change in social welfare for stakeholders as aligned with its mission and vision. Yet another example of how organisations meet their purpose and satisfy social welfare improvements is the UK company Marks & Spencer, a retail organisation providing valuable products that enhance lifestyle for consumer segments. The companys mission statement drives the majority of their business practices, line up corporate ideology with consumer social welfare improvements. The mission statement is to provide aspirational quality that can be accessible for all consumer segments, whilst maintaining a vision of being the standard by which all other retailers are judged. Marks and Spencer maintains a very dedicated focus toward providing corporate social responsibility which again ser ves their purpose of enhancing social welfare. Marks and Spencer is an ideal example of how an organisation develops systems, best practices, and labour relationships to provide a social good to society. Meeting the objectives of stakeholders The external market environment, with closely organisations, dictates internal policies and the necessary organisational structure required to be adaptable to these changing conditions. Contingency theory informs organisational leadership that in order to remain relevant and