Business Environment Analysis of British Airways Essay - 2

Business Environment Analysis of British Airways - Essay Example British airways vision is to encourage achieving values that are very important for the organization (Katie, 2013). The organization values to achieve acceptable standards to govern individual behavior in the organization. The organizations are running their businesses all over the world. The main purpose of these organizations is to fulfill the basic needs of the human and to give good impact on the world. The businesses usually established in order to prevent or improve the human life. Many organizations in the world understand the management of organization and explicit verity of decisions making to provide direction to the organization (Bryson, 2011). The organizational purpose is to take verify of the decisions for the insiders and communicate with the outsiders. In the private sector, the organization is not part of the government. Whereas, the public sector organization, is owned and operated by the government. British Airways is originally a privately owned aviation organization that was nationalized in 1939. British airways merge the financial losses and industrial operations privately (Heinz & Pitfield, 2011). In an organization, the stakeholder relationship model make connections between the organization and its stakeholders. It is essential for the organization to establish a good understanding with the stakeholder in order to raise the profit and organizational profile. There are many stakeholders of British airways, including customers, employees, competitors, suppliers, media, environmental issues, local communities, financial institutions, shareholders, government etc (Balmer, Illia, & Brena, 2013). Below few stakeholders are discussed. The customers are the major source of earning profits for the organization, and these customers have high impact on the management of the organization. The British airways always try to attract the existing customers and move forward to attract the young or new audience. The British airways have the