Induction………………………………………………………………………………….3
Types of organizations, missions and goals…………….…………………………...3
Economic system and impact of organizations………………………………………5
Stakeholder……………………………………………...……………………………….6
Stakeholder influence of organization………………………….…………………...…8
Fiscal policy…..…………………………………………………………………………..8
Monetary policy…………..………………………………………………………………9
Competition policy and Regulatory Mechanism …………………………………….10
Market Structure ………………………………………………………………………..11
PESTLE………………………………………………………………………………….14
EU………………………………………………………………………………………...14
Summary……………………………….………………………………………………..15
Task 1.1 Introduction
Morrison Supermarket is the UK’s fourth largest supermarket. It is part of the FTSE 100 index and headquartered at the West Yorkshire (Bradford) in England. Morrison Supermarket is the smallest partner in the chain of four supermarkets (Big Four) due to its small market share. Other members of the “Big Four” are Sainsbury’s, Asda and Tesco.
Currently, Morrison Company has a total of 455 superstores, including those purchased from Safeway plc. Most of the stores operate from the large superstores and primarily deal with home wares and groceries as well as furnishings, clothing and electronic items. Morrison Supermarket has lately resorted to online shopping as a result of purchasing a stake 10% of the UK online grocer, Fresh Direct.
Task 1.2 Types of organizations , purpose , mission and goals
The general notion states that entrepreneurs usually operate their businesses in a given region, which acts as the primary market. This implies that there may be multiple designations in a particular area. However, for the sake of tax requirements, the legal structures only recognize s few forms of business organizations.
They include; sole trades, Partnership, Limited Companies, Co-operatives, Worker co-operatives,
