other region. With the help of government support supermarket will develop and grow the area by generating employment opportunities (Miller and Friesen, 2003). However, the certain impact of the regional policy on the operations of Iceland supermarket is that organization would expand their activities and stores in the underdeveloped region to attract wide range of customers (Cottarelli and ViĂąals, 2009). International policy- UK governance authorities plays an significant role in heighten the situation of import and export within the economy. Therefore, the EU also mainly devise the international policy that mainly support the firm to sustain in the international market for the long time period. However, the certain impact of international policy on the Iceland supermarket that it will reduces the obstacles and barriers that were existing in the market while enabling the international trade. However, it will also positively impact the organization in enhancing their market share as well as market reach (Bertsch and et.al., 2013).
CONCLUSION From the above report it can be stated that it is essential for the organization to measure and examine various internal and external business environmental factors while preceding in the international market. It has also been stated that business environment plays a pivotal role in most of the enterprises as it will assist in knowing the internal, external environment as well as it will also realizes the current market trend under which establishment is operating their businesses. Furthermore, the report has also concluded that it is necessary for business organizations to have developed focus on he different European Union policies in order to meet the standardized and achieving the stated organizational goals.
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