Business Environment

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business enviroment

ORGANIZATIONAL AND PURPOSE OF BUSINESSES TASK 1

CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE COMPANY TASK 2

December 7, 2014

December 7, 2014

Contents

Executive summary 2

Carphone Warehouse 3

Mission 3

Vision 3

Purpose 3

Stakeholders 4

Dixons Carphone plc (Currency GBp) 4

Director Shareholdings 5

Hill Farm Furniture 6

Purpose 6

Mission/Vision 6

Stakeholders 6

CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE PLC 7

Free Market X Command System 7

Competition Policy 7

Conclusion 9

Bibliography 10

Executive summary

As the world changing quickly in term of political, economic, social, technological, environment and legal (PESTEL), its happen due many influences either internal or external of the business, if the company do not stay update it can fail, that is important the study of Business Environment.

Each country has its own way to control the economy; there are four types of economy such as: command, free market, mixed and transitional.

A command economy is “a socialist economic system in which production and distribution of goods and services are controlled by the government and industry is mostly owned”. (Dictionary.com, 2014)

A free market economy is “an economy in which the allocation for resources is determined only by their supply and the demand for them. This is mainly a theoretical concept as every country, even capitalist ones, places some restrictions on the ownership and exchange of commodities”. (About Education, 2014)

“A mixed economic system that features characteristics of both capitalism and socialism. A mixed economic system allows a level of private economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims. This type of economic system is less efficient than capitalism, but more efficient than socialism”. (Investopedia, 2014)

“A...