Contents

SECTION 1 ..................................................................................................................................... 3

Organizational objectives of companies: .................................................................................... 3

1- Identification of the purposes of different types of organization ..................................... 3

2- Description of the extent to which an organization meets the objectives of different

stakeholders. ............................................................................................................................ 4

3- Explanation of the responsibilities of an organization and the strategies employed to

meet them. ............................................................................................................................... 5

SECTION 2 ..................................................................................................................................... 6

Nature of National Environment in which Businesses Operate .................................................. 6

1- Demonstration of how different economic procedures strive to allocate the resources in

a cost-effective manner. ........................................................................................................... 6

2- Assessment of the effect of taxation instruments and money supply manipulation on

corporations, there decisions and on overall repercussions. .................................................... 7

3- Evaluation of the effect of strategies to be dominant in the market alongside other

regulatory mechanisms on the operations of the chosen business........................................... 8

SECTION 3 ..................................................................................................................................... 8

Behavior of Organizations in their industry dynamics................................................................ 8

 1- Discussion of how different market structures sets up the model for price as well as

output repercussions of organization. ...................................................................................... 8

2- An example for the methodology in which demand and supply propellers shape

organizational behavior: .......................................................................................................... 9

3- Judgement on how trade along with rituals atmosphere determine the responsiveness of

the chosen business. ............................................................................................................... 10

SECTION 4 ................................................................................................................................... 11

Assessment of the importance pertaining to worldwide elements impacting on cross border

trade operations and decisions................................................................................................... 11

1- Discussion of the importance of free global trade to UK based corporations................ 11

2- Analysis of the effect of international elements on UK trade corporations. .................. 12

3- Evaluation of the effect of the EU policies on United kingdoms trade corporations: .. 13

Evaluation: ............................................................................................................................. 14
SECTION 1

Organizational objectives of companies:

1- Identification of the purposes of different types of organization

In accordance with the companys bylaw, entities are divided into distinct forms. Such

forms are analyzed as under:

1- Sole traders: A sole trader organization is owned by a single person. It is the most

common form of business organizations. Approximately 20% of the total organizations

working in The UK are sole traders (Alvaredo, Atkinson & Morelli, 2016).fx The

organizational structure of a sole trader organization is relatively simpler with the least

amount of requirement for paper work needed. The nature of decision making is simple

and a close owner-employee relationship can be maintained.

2- Partnerships: The number of owners range between 2 to 20. There is a division of labor

in partnership unlike a sole trader organization. The work load is shared among the

people. But thats not it, profit is also shared among the owner as decided. In most

partnerships, there is a written agreement which shows the capital invested by a partner

and the ratio in which the partner will take profit from the total revenue.

3- Companies: In most companies, there is a board of directors who are responsible for

the right functioning of the company. It is usually head by a CEO who makes all the

major decisions. Company is treated as a separate entity and all its cash flows are dealt

with in isolation with the shareholders personal belongings.

There are 3 types of companies:

 I. Limited Liability Company: It is the type of company in which there are a

specific number of shareholders.

II. Private Limited Company: They are smaller in size than Public companies. The

shares can be bought and sold only by the permission of the Board of Directors.

III. Listed Companys on the stock market: In a typical listed corporation, the

securities can be purchased and sold by the public and to the public. Its size is

huge which can generate a big amount of capital.

4- Franchise: It is a relatively newer concept which is expanding the market exponentially.

In a franchise, the license can be sold to a vendor who sets up an organization with the

same name and runs it. It is helpful in a way that a new vendor can set up a business

with a name that is already trusted by the people. He doesnt have to work on the good

will of the company. And the company whose name has been used gets a share of the

profit. For example, KFC.

2- Description of the extent to which an organization meets the objectives of different

stakeholders.

There are many companies working all across the World. Some of them being Limited

Liability, some being Private Limited and some being Public Limited. But with the

increasing trend of franchises, a change in the market trends has been seen. Different types

of organizations have different goals, for instance, the aim of a private limited company is

to make profits. Discount Tire Company is an automotive company whose objective is

make customers loyal by providing them value at lower rates. They want to target the

automobile industry by targeting their essential needs at the lowest possible prices and

ensuring quality. Some of the objectives of Discount Tire Company are:

 Placing customer experience above profits and sales.

Committing quality products to people.

Making people believe in Discount Tire Company as the only company providing

them value at the lowest possible rates.

Giving people the desired and required value.

Giving back to the community.

Making profits.

Pointing out short comings and addressing them in the best possible way.

3- Explanation of the responsibilities of an organization and the strategies employed to

meet them.

The main responsibility of an organization is to serve the people in the best possible way.

Division of labor is done with in a company to ensure that. All the operations of the

organizations are monitored under the laws of the company it is operating in. A company

should make sure to deliver the right value to the customers since they are putting their

faith s in the hands of the management of the company. They need to deliver what they

promise or else it can prove to be devastating for the brand image of the company.

Not only this, cash flows of the organizations should also be monitored strictly since they

determine the investing and financial activities of the company.

Furthermore, a company needs to have a reliable and professional staff with a professional

working environment since it plays a very important role in the right functioning of a

company. Also, a company needs to have a smooth and safe working environment since it

plays a very crucial role in the satisfaction of employers.

 Moreover, a sound management in needed to supervise the working procedures of the

company which will ensure if the company will be able to deliver value to the customers

or not. Without a good management, a company cannot function properly.

Lastly, a company needs to focus on its marketing since owing to concealed information;

customers would be resistive to purchase the goods. Without proper marketing, it is

practically impossible for a company to make sales. This will eventually have a drastic

effect on the sales of the company.

SECTION 2

Nature of National Environment in which Businesses Operate

1- Demonstration of how different economic procedures strive to allocate the resources

in a cost-effective manner.

There are distinctive financial frameworks and those monetary frameworks are actualized

in various nations as indicated by their request. In general, three types of economies

commonly entail market economy; midway arranged systems and blended economic

systems. In free market allocated mechanisms, the state regimes have the least or absent

intervention on free market activity as well as basic leadership. The choices made are

careful on the premise of market instrument. In this type of economic situation, a

corporation can undoubtedly book or outsource items from different nations. Government

does not take choices; however, a large portion of the associations makes conclusion as

well as the state has almost no mediation. In a summon economic systems, regulators are

in charge of settling on choices and circulating assets. Regularly communist nations have

completely order economy. Here government disseminates all of the assets as per the
 request and demographics. The vast majority of the countries take after blending economic

system which is the mixture both of these systems. During the operation of this system,

associations are directed either by state regulators or else profit-making investors. Open

associations are claimed by the legislature and the reliance of such associations is crucial

in making decisions. Privately owned associations generally operate autonomously,

however, under the control of state regulatory framework. The state analyzes the exercises

of those associations.

2- Assessment of the effect of taxation instruments and money supply manipulation on

corporations, there decisions and on overall repercussions.

Monetary and Fiscal tools effect the businesses and their working immensely. The fiscal

plans are crucially reliant on the states policies. It is the measure of the taxation that has

to be paid by an organization. If the tax rate has been set high, the profit margin for a

company decreases and the company fails to make profits.it has an end effect on the

customers since they are the one who pay for the products. Setting the prices high will

eventually effect the buyers. If the tax rate has been set low, the aspects for employment in

the companies increase since there will be more ventures and job vacancies will be formed.

Monetary policy has and overall effect of the organization and economy of the company

since it is defined as the extent to which things can be credited. Expansionary monetary

policies assure a decrease in the interest rates the increase availability of credits on

payments. Vice versa.

 3- Evaluation of the effect of strategies to be dominant in the market alongside other

regulatory mechanisms on the operations of the chosen business.

Discount Tire Company is on the monumental automotive companies of the world. They

have adopted the system of franchising to reach out to every corner of the world. In

automotive industry, there is neck to neck competition among the competitors. For a

company to be successful, a competitive edge is essential to survive in the oligopoly. This

competition increases the urge between companies to make products that are cheaper and

better in order to make most of sales and earn revenues. It not only expands the market but

increases the venues for modifications for the betterment of people. It is influential way to

break the monopolistic market and find a competitive edge over other competitors. But,

that is not it, government organizations have set a bar for the trade and manufacturing of

the products which include:

Trading in a fair way.

Ensuring customer services.

Environmental friendly policies.

SECTION 3

Behavior of Organizations in their industry dynamics:

1- Discussion of how different market structures sets up the model for price as well as

output repercussions of organization.

Market structure assumes an imperative part to decide cost and generation. Some of the

forms of the market commonly involve monopolistic structure or aggressive marketplace,

 oligopolistic structure, monopsony structure, imposing business model and impeccable

rivalry. In a typical monopolistic leveraged environment, there are vast quantities of

businesses and each association has little segment of the piece of it. Such associations are

indifferent to impacting on estimating and yielding. They typically always provide items

in the marketplace. In oligopolistic economic situation, there are few firms which

altogether control of the greater part of the market of the overall industry and they decide

the cost and supply. In monopsony advertise there is just a single purchaser who

exclusively decides the cost and supply. In the event that there is a major request in the

market, organization builds the cost yet abundance cost can discourage the request of the

item. In oligopoly advertise structure there are numerous dealers yet just couple of

purchasers, so venders attempt to keep cost at low as much as they can.

2- An example for the methodology in which demand and supply propellers shape

organizational behavior:

Market trends outline the connection amongst uncontrolled and unbiased market activity

inside a market. Hierarchical reaction is the response given by a business or an organization

to a business or practical conditions. The major part of the effective organizations does

appropriate statistical surveying and investigation to guarantee that they can give

administration or items to their clients. Discount Tire Company is ready to analyze the

market interest for their items accurately which keeps the vendors and clients satisfied by

providing items in right amount as quoted by the clients. The benefit of Discount Tire

Companys expanding is that as they analyze their edge over the competitors effectively to

have the capacity to supply and offer no matter how much of their items as could be

expected without injection of excess stocks, conveying enriched funds to the business.
 Some of their informal startups are confronting misfortune as they adjudged ineffectively.

The connection between the right marketing powers and association reaction is along these

lines central idea as far as business achievement and consumer loyalty is concerned. Hence,

statistical surveying keeps penetrating in the minds of the consumers the end goal to decide

showcase constrains so that an association can react accurately to the market they are

working in.

3- Judgement on how trade along with rituals atmosphere determine the

responsiveness of the chosen business.

Trade as well as the communal environment has a crucial effect on business environment

of an organization. There are two sorts of business condition: monetary condition and non-

monetary condition. The financial condition incorporates monetary framework, financial

strategies and financial condition. Then again non-monetary condition comprises of

regular, statistic, mechanical, lawful, political, social condition. Discount Tire Company

has been working in more than 19 countries. Their operation generally relies on upon the

trade and social condition of the states they work at. Monetary condition is inconsistent for

all nations. For instance, income per head of America and Pakistan are different. Americas

income is greater than as that of Pakistan. Financial arrangements like mechanical strategy,

monetary approach, money related strategy, remote venture arrangement and fare import

arrangement are not same for those two nations which have awesome effect on the

authoritative conduct. Social condition of professional incorporates social elements like

future rate, education, neediness, convictions, qualities, conventions and traditions.

 The products are not the same throughout the world. For example, Discount Tire makes

high rubber ratio tires for cold places like Antarctica and low rubber ratio tires for hot

places like UAE.

SECTION 4

Assessment of the importance pertaining to worldwide elements impacting on cross border

trade operations and decisions.

1- Discussion of the importance of free global trade to UK based corporations.

Worldwide exchange is imperative for each country as it is impractical to develop or create

all products or administrations inside a nation. A few merchandises are accessible in a few

nations, so it needs to trade the items and administrations which are impractical to execute

without universal exchanging. Universal exchanging is exceptionally productive and

monetary. A portion of the advantages of global exchanging to UK corporate associations

will be depicted in the accompanying section:

Enhances diversifications and extended market places: If United Kingdom centered

organizations deliver items just for residential usage, they will completely restrain

their potential. They can send out those items to different nations. By exchanging

locally, they can accomplish enduring development in the manner that they do it

globally. They will increase universal notoriety and income.

Production Costs: By exchanging different goods from different nations, the

organizations additionally open themselves to bring down generation costs. For

instance, Discount Tire Company imports numerous items from different nations

for lowest cost and accessibility. Discount Tire Company has numerous outlets in
 numerous nations. Sometimes the members of UK go different nations working

kiosks that provide them the chance to gain settlement.

Materials: For some preparations, UK generally relies on upon different nations.

Numerous crude materials are originating from different nations like grapes and

sweet potato did not develop in the UK and for those items UK needs to send out

from more sweltering nations. Essentially, numerous nations require costly and

extravagant materials like engines, robots and preserved food which is attained

from United Kingdom. It is very hard to act naturally subordinate in all divisions.

Worldwide exchange provides the chance to trade items generally there will be rare

decision for every country.

2- Analysis of the effect of international elements on UK trade corporations.

Worldwide exchange as well as the UK economic system: Global element gives the chance

to make universal exchange which boosts United Kingdom economy. A hefty portion of

the United Kingdom associations are working in different nations which offers them

shabby work and crude solid.

Marketplace prospects: UK has great notoriety everywhere throughout the globe for their

progress in innovation and worldwide variable gives the chance to United Kingdoms trade

associations to direct business everywhere throughout the world.

Worldwide development: worldwide variables give the chance to extend business

everywhere throughout the globe which is exceptionally favorable for United Kingdoms

state.

Import controls: it is the monetary approach of controlling exchange among countries

through robust strategies, for example, taxes on imported merchandise, prohibitive shares,
 and an assortment of other government directions intended to permit (as indicated by

defenders) "reasonable rivalry" amongst imports and products and ventures created locally.

World exchange association: The World Trade Organization manages the worldwide

relations of exchange among countries. Its principle work is to guarantee that exchange

streams as easily, typically and uninhibitedly as could be allowed.

Government Impact: government makes standards and direction as indicated by the

worldwide variables which will be in the best interest of UK associations.

3- Evaluation of the effect of the EU policies on United kingdoms trade corporations:

After entering in the European Union, UK organizations needed to keep up the all

principles and controls. Presently European regulations are persistent for all EU nations.

The members need to take after the Union's enactment. In the circumstances that any

association or EU nations need to work together, primarily requires connecting with

European Money Union (EMU) which has to be processed in EU currency. European union

policies possess an astounding impact on UK organizations by means of expenditure

besides tax assessment regulations, order, running of corporates through many sources

including financial endowment program. All United Kingdom organizations can trade their

item with other European nations with no obstruction. There is no visitor hindrance. UK

organizations have licenses they can, without much of a stretch, fare their items to other

European Union nations or otherwise attain items from similar countries of the European

paradigm. Domestic experts can screen the exercises of the trade associations domestically.

Orders must be actualized in domestic contextualized enactment.

Evaluation:

It is essential for each association to comprehend its corporate condition. By breaking down the

corporate condition association can perceive its quality, shortcomings, and openings besides

dangers. For appropriate comprehension of the corporate condition, association will analyze

partisan, financial, communal and mechanical components at consistent premise. Discount Tire

Company will screen its condition consistently and make its key arrangement as indicated by the

circumstance.
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