Business & Business Environment of Iceland Food Limited

Question :

`As all the students are required to maintain the types of business with their functions and the ways through which it is being operated in all contemporary and business environments. As relationship in all different stakeholders that are examined as along with the determination of how all the external environmental factors can influence in decision making.Elaborate the businesses with different types, sizes, and scopes.What is the relation of different business functions which is performed at Iceland Food Limited with a link to organization structure?What are the positive and negative influences in the macro-environment factors in the operations of Iceland Food Limited?Explain the internal strengths and weaknesses in the business with link external environment factors.`

Answer :

INTRODUCTION

Business environment refers to the combination of internal and external environment of an organisation which may or may not affect the survival and profitability of an enterprise. These factors affects the operations and decision making of the company (Business Environment. 2018). Iceland Food Limited is an supermarket retailer chain based in United Kingdom, the seller of frozen foods including prepared meal and vegetables. It operates 900 stores through out UK. This report describes various type of organisation with their legal structures, size and scope (Asif, Garvare and Ahmad, 2011). In addition to this, project also contains PESTEL & SWOT analysis of Iceland Food Limited along with strength & weaknesses of macro environmental factor present in external environment of company. This analysis help Iceland Food Limited in formulating strategies to get success and in achieving competitive advantages within marketplace.