Business environment consist internal or external factors which are influence business concern. analysing business environment is essential for every organisation , because it will helps to determine current performance of marketplace. Environment is create render impact on any business. Business environment is help to contribution economic development. Nestle is one of the leading brand in UK. (Wild, Wild and Han, 2014). It provide consumer goods with high quality services. Nestle have a wide rage of product. Nestle provide quality products with in less prices. It will help to attract for many customers. Nestle is purely able to fulfilling customer needs and expectations. In current market situation Nestle has a good probability ratio and high production. In context of case explain some various types of organisation and their repositories of business concern. Discussion on Forms of economic system and explain what should be appropriate for Nestle. Also discuss fiscal and monetary policy impact on Nestle. Determine market structure for business expansion and measure importance of international trade for economy development(Belás, and et.al., 2014).
1.1 Purpose of different types of organisations
- Private Limited Company: Private sector is constituted by those companies which are based on maximum profit earning objective. This is the main purpose of private organisation where they produce maximum outputs and generate supreme profit also. Nestle is also one of the private companies which manufacture a wide range of products with having main purpose to earn maximum profits.
- Public Limited Company: Public organisations are those types of firms which generate their shares and distribute the same to other companies. With the help of share distribution, company raises fund for some developments and growth(Belás, Machácek and Hudáková 2014).
- Sole trader: Sole traders are those individuals who own their business without any partnership and other funder. Main purpose of sole trader is to channelize all resources and generate maximum revenue with the help of optimum use of resources (Wild, Wild and Han, 2014).
- Partnership: Partnership is that type of organisation where two or more business investors are associated with one company and perform together for achieving the set objectives.
1.2 Ways through which Nestle meets the objectives of different stakeholders
There are various types of stakeholders for which Nestle has met the objectives. Stakeholders can be best described as those individuals who put a direct impact on the organisation. The stakeholders have certain expectations with the organisation and business entity need to meet the same. Ways in which objectives of different stakeholders are met by Nestle are:(Belás, and et.a