Answer to Question #176885 in Management for Michael

Question

You are required to write a report, and in this report you are to consider the importance of

understanding the business environment

Required:

(1) Provide a background to your chosen organization, the

company background should consist of

 Organization name

 Brief History

 Organization type

 Organization size

 Products and services

 Range of products or services

 Customer base

 Other relevant information

(2) Draw a DETAILED organizational structure of your chosen

organisation, and the importance of understanding the business

environment of your chosen organization.

 Students are expected to use infographics to depict how the structure of

their chosen organisation looks like.

Answer 1

Ø Organization name: The Coffee Bar Shop

Ø Brief History: It started in January 2020.

Ø Organization type: Service Industry Organization.

Ø Organization size: It has ten workers.

Ø Products and services: Coffee, tea, chocolate, and bread.

Ø Range of products or services: served and take away.

Ø Customer base: Targets all Customers within Nairobi CBD Metropolitan.

Ø Other relevant information: The slogan of the business is first come first served.

Detailed organizational structure: One manager, one supervisor, one cashier, one storekeeper, four cooks, and two waiters.

Notably, understanding of its business environment helps a firm to make realistic plans and ensure their effective implementation. Thus, enabling the business enterprise in the identification of both threats and opportunities.