PrefaceThis guide is used to give a more in-depth understanding of the relevant aspects to consider before starting or expanding a business. This guide was produced with the help of BCC in support of SMEs. The booklet will provide useful information to partners, directors and senior managers of SMEs, as they will receive valuable advice on how to act in certain situations that will lead them to great business success. It first explains the organizational objectives of the company; their responsibilities and strategies as well as how they achieved the objectives of the different stakeholders. Next, it describes the nature of the national environment in which businesses operate, including a brief description of the different types of economic system; their allocation of resources and the impact of tax, control and competition policy. It also explains the behavior of organizations in their market environment; the role of market structure, market strength, business and cultural environment. It also gives a brief assessment of the importance and impact of global factors shaping national business activities. He also discusses the importance of international trade in the United Kingdom and the impacts of European Union policies. .3 Responsibilities and strategies1.3.1 Responsibilities1.3.2 Strategies for fulfilling responsibilities 6-9678992.0 Nature of the national environment in which businesses operate2.1 How the economic system allocates resources E...... middle of paper.. ....icult in solving these objectives. The owners aim for a better profit. Managers- They aim for sustainable growth. Employees – Employees need good compensation, incentives and a good working environment. Customers- they need varieties in the product range at an affordable price. The company must always aim for customer satisfaction. Suppliers – the Company must satisfy them by making payments without delay. Society: The company must ensure that the product is socially acceptable by following all social norms. Government – ​​the company must be able to comply with the laws and regulations set by the government and pay regular taxes. Shareholders - By increasing profits and growth, shareholders will want to invest more in the company.1http://books.google.co.in/books?id=GgIR4Nxc-F8C&pg=PA6&lpg=PA6&dq=stakeholders+definition +author+name&source =bl&ots=pD6XBWKFLt&sig=4