Question

COURSE NAME: BUSINESS ENVIRONMENT

REQUIRED: 3.1,.3.2.3.3,4.1,4.2,4.3

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

3.2 Illustrate the way in which market forces shape organisational responses using a range of examples

3.3 Judge how the business and cultural environments shape the behaviour of a selected organization

4.1 Discuss the significance of international trade to UK business organisations

4.2 Analyse the impact of global factors on UK business organisations

4.3 Evaluate the impact of policies of the European Union on UK business organisations

Answer 1

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

The significances of competition for the pricing and output decisions of the organizations are easily established which requires that the probable customers and suppliers are relation to the market that individual decisions about consumptions effect on market demand or supply and individual decisions effect on the market price; organizations in the business produce a similar products; barriers to access or exit are irrelevant in the long run business; new organizations are unrestricted to enter the business if they performs cost-effective or exit if they expect losses(Jamie Weatherston, Ian Books, 2011). Office supplies, farming products and other similar products are manufactured in highly competitive markets. Each buyer or seller is to independently effect on the demand or supply of the products, exit competitive buyers and sellers as changing price to the clients in the market. Price clients are buyers or sellers who are relation to the market that the effects of their transactions for market prices. Therefore, specific competitive buyers recognize the supply curve is flexible at the market price. Also, competitive sellers recognize the demand curve is flexible at the market price (Graham Wilkison, Claire Capon, 2011).

3.2 Illustrate the way in which market forces shape organizational responses using a range of examples.

The way of market forces in the organizational responses are follows –

Change in quantity demanded or supplied of a change in the existing price. Change in the demand and supply is a change in a related factor other than the existing price. Consumer and producer surplus is that the executive can use price discrimination and economic prices. The producer can use with the supplier over the surplus exceeding minimum cost of producing the products. Market equilibrium is that supply equals demand and there is no excess or shortage. It supports to determine equilibrium price and quantity. Market disequilibrium is that supply and demand are not equal at any price in the market, an excess (quantity supplied exceeds quantity demanded) or a shortage (quantity demanded exceeds quantity supplied). It supports to determine the size of shortage or excess (Lipsey P – Principles of Economics, 2009).

3.3 Judge how the business and cultural environments shape the behavior of a selected organization.

Managers should care the behavior of TOBACCO members’ progresses and employee behavior is formed by social communication. Cultural environment is to influence on manager when making a decision. The organizational culture of TOBACCO is to define the set of principles, rules and values which are protected by employees’ behavior that symbolizes the features of TOBACCO. Operation is affected by an organizational culture, direction and management style of environmental changes as employee inspiration. In a culture is to require new employee behaviors. Business and cultural environment form the organizational behavior of TOBACCO are opinion, behavior and emotions of employees; ethics, attitudes and effects in the work; pressure in the work; inspiring self and to the employees; organizational honesty in the work; working in groups; communication with the employees; rule and policies of the organization; direction of the employees; decision making for organization; creativity in work; organizational culture (B Hiriyappa, PhD – Business Policy and Environmental, 2010).

4.1 Discuss the significance of international trade to UK business organizations.

Economics is that the proper allocation and effective use of resources. International economics is that the allocation of economic resources among states. It means of international trade. In the international trade to UK business organizations, the products are produces and sold in competitive market. Production efficiency is to provide quality and lower price of products to the peoples of world. The international trade to UK business organizations is that buys goods and services from a country which provide the lowest price and sell goods and services to a country which provide the highest price. UK business organizations have the prospects of accelerate of their economic development. They can import machines and adjust foreign technology. They send their researchers to progressive countries to gain knowledge which are important to need of their developing economics. UK business organizations buy resources for their business from the poorest countries. Satisfaction of customers can be exploited (Robin Sharma, Hornby W – Business Economics, 2001).

4.2 Analyse the impact of global factors on UK business organizations.

Decrease associated indicating are workings of acceptance to biotic and abiotic pressures in plants. Environment change factors on UK business organizations includes increases in temperature and the availability of carbon dioxide ( ) and ozone ( ) effect on oxidative indicating in plants, mainly in environmental pressure. Environmental signals over influences on absorption and the activation of the development of oxidative burst-generating whose the function is to develop the oxidation in the environment on UK business organizations. Oxidants and antioxidants do not operate in environmental signals. Rather, the pressure signaling system that integrates information is to control plant growth and protection. Oxidants and antioxidants to global change factors are to influencing overall plant ability through improved pressure (Andre Clark – Organizations Environment, 2009).

4.3 Evaluate the impact of policies of the European Union on UK business organizations.

A policy is a procedure to monitor decisions and achieve outcomes. A policy is executed as a procedure. Policies are assumed by the board of authority within the European Union on UK business organization where procedures are established and assumed by senior administrative officers. Policies can assistance in both particular and objective decision making (Andre Clark – Business Environment, 2009). Policies to assistance in particular decision making to support senior management with decisions that consider the facts of making decision. In policies to support in the objective decision making are effective. The effect of policies of European Union to the UK organization in the following –

The effects of policies are established to avoid harmful effect that seeks positive benefits in the UK business organization. Business acquiring policies provide organizations to avoid negative effects. Businesses have policies that implemented through acquiring process. The UK business organization created an effect to increased ownership through policy. Policies effects the environments that policies seek to impact on governments, humanities, large companies is to making a policy change. Government is to make a policy decision to increase taxes of increasing tax revenue. The policy making process includes a challenge to evaluate policy influence that policy is unexpected penalties (Richard Welford, Andrew Gouldson, 2003).

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