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Understanding Business Environment Factors

The document discusses the business environment and how it impacts companies. It analyzes factors like political, economic, social, technological, legal and environmental factors (PESTLE analysis). It also discusses Unilever's goals, products/services, innovation and business culture.

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zeeshan
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0% found this document useful (0 votes)
7 views4 pages

Understanding Business Environment Factors

The document discusses the business environment and how it impacts companies. It analyzes factors like political, economic, social, technological, legal and environmental factors (PESTLE analysis). It also discusses Unilever's goals, products/services, innovation and business culture.

Uploaded by

zeeshan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

The business environment

The environment in which the firm operates is crucial for unit-level performance. Businesses are
influenced by several elements, including the climate, location, pricing of products, distribution
systems, and staff policies. The business environment includes everything that impacts on company,
either directly or indirectly. A business may also describe it as the set of uncontrolled external
variables, such as economic, social, political, legal, demographic, and technical aspects. It also
includes internal elements, such as owners, workers, and their connection with each other, which are
somewhat controllable.

Business environment consists of these features:

 The business environment is comprised of all outside influences that substantially impact a
company firm's operation.
 Includes all the variables including consumers, rivals, suppliers, governments, and legal
regulations.

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Agenda

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The presentation on business environment is developed for the understanding of the business

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environment for every employee. This presentation will discuss many factors that affect the business

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environment of the organization. It will help the employees of the organization to understand the
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purpose of business environment. This presentation will talk over pestle analysis, external factors that
affect business environment, goals and objectives of a business and their importance, product and
services offered by the organization, technological development, culture of the organization, and
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behavior of the employees.


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A PESTLE study is a methodology for analyzing a company's major outside elements (political, economic,
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social, technological, legal, and environmental).


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Political: The most stable nations provide enough opportunities for Unilever to develop. One good
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illustration of this is the country's stable political situation. To some extent, European political concerns
constitute a danger to Unilever's activities in the European consumer products market.
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Economic: Wages in emerging nations provide a larger possibility for Unilever profits because customers
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have increased disposable incomes. This, however, poses a risk of rising prices, as the firm has several
production sites situated in emerging nations.
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Social: Unilever can expand by creating and marketing healthy products to customers. A further benefit
of environmentalist conduct is that it may help the business expand by promoting better environmental
effect.

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Technological: Business automation has the potential to boost operational efficiency for Unilever. Robust
distribution efficiency can be improved by providing modern business processing equipment.

Legal: International patent laws will aid growth. It is well known that changing patent rules in emerging
nations have reduced patent-related difficulties for Unilever. Customer service and product quality are
both enhanced because of the additional consumer protection legislation.

Environmental: With increasing environmental awareness, businesses may strengthen their


environmental initiatives to earn new customers who are environmentally conscious. As a result, the
corporation may expand its sustainability strategies to better compete in the consumer products sector.

Outside influences like consumers and the competitive environment have a major part in determining

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company plans and policies for Unilever.

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Goals and Objectives of business

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Unilever evolved through planning and executing strategically. To become well-known, the firm

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implemented its goods globally. If you manage your employees and distribute things, you also become
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greatest FMCG in the planet. Company has these three aims.

Our extensive connections to indigenous culture and businesses throughout the world serve as the
cornerstone for our future success. We apply our depth of information and worldwide skills to service of
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local consumers—a genuinely multi-local multinational. Our long-term success necessitates high levels of
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performance and efficiency, working together successfully, and a readiness to welcome new ideas and
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grow continually.

Companies' products and services include:


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Unilever is a prominent producer of rapidly consumer goods worldwide. Unilever is a multinational


business with offices and factories throughout the world. The businesses of the firm are centered on a
small number of brands, which collectively produce billions of euros in sales
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Unilever is the world's biggest consumer products businesses, offering 400 brands in 190 countries
through a direct-to-consumer business strategy. Unilever has about € 53 billion in sales, which spans care
support, home care, foods, and refreshment. It has technologically developed in order to serve millions
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of consumers. Unilever acknowledges that it cannot meet the diverse market demands of everyone.
Customers are available in huge numbers in the market, and they have varying demands and buying
habits. Companies know that they differ considerably in their capacity to service diverse market groups.
Unilever is no distinct from other businesses. As a result, it knows that it's in its best interest to focus on
serving the requirements of certain markets that it can better service.

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Innovation

Many advancements in company management technology have been made possible by enhanced
software development tools, better internet connectivity, and upgraded data centers. Below are some of
the key applications employed by Unilever

Business Management:

Companies on the cloud are revolutionizing management. Cloud computing is processing done over the
internet. Before, companies ran applications or programmers on a traditional virtual server in their
facility; with cloud computing, they may access the same apps over the internet. Unilever utilizes it as a
means to save their customers' data while also providing them with personalized goods.

E - Mail and office software

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Cloud-hosted email services have made in-house email servers and desktop email clients obsolete for

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many organizations. This system is also one of the most cost-effective email management tools. Official

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communication is also used by unsilvers.

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Recycling:
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Recycling has garnered a lot of attention in recent years, and every person should grasp the value of
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recycling. Consumers have increasingly gravitated towards the items that are environmentally-friendly.
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Unilever has adapted the technology and is utilizing sachets to be recycled, and with the aid of Neste, a
multinational chemicals business, and Unilever have begun a joint initiative to create and utilize chemical
recycling for the recovery and reuse of plastic packaging.
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Business culture
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The distinctive psychological and emotional environment of an organization is known as organizational


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culture.

Unilever's organizational culture of performance stresses the value of employee output. Criteria or
measurements used to assess necessary output and appropriateness of production are a manifestation
of the company culture. Unilever's performance management practices include these characteristics:

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 Prioritize individual and organizational performance

 Productive output in all areas.

 work using technology and other means

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EMPLOYEE MOTIVATION

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Innovative techniques, such as Unilever Klev, have been used by several organizations to assure strong
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staff engagement. The significant use of technology development is at the heart of all of Unilever's
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strategies. Many businesses, large and small, may learn from Unilever's method for improving employee
satisfaction statistics. Ensuring constant communication with software-driven staff scheduling helps
organizations determine meaningful HR strategies, regardless of the size of the organization.
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