Analyzing Business Research Methods and Environment

The provided assignment appears to be a comprehensive analysis of business research methods and environmental factors in the context of international business studies. The text includes references to academic articles, books, and online resources on topics such as supply risk management, institutional environment, innovation capacity, and firm performance. It also mentions specific details about business research methods, including the use of guanxi in the Chinese business context. The assignment seems to be focused on understanding the impact of individual factors on business failure in Iranian new-established small businesses.

Business and Business
environment

Table of Contents
INTRODUCTION...........................................................................................................................3
TASK 1............................................................................................................................................3
P1 Different types and purposes of organisations.......................................................................3
P2 Size and Scope of various types of organisations .................................................................5
TASK2.............................................................................................................................................6
P3 Interrelation of various organisation function and their applicability to accomplish
objectives.....................................................................................................................................6
TASK 3 ...........................................................................................................................................7
P4 Positive and negative impact of Macro environment on Business operations.......................7
TASK4.............................................................................................................................................9
P5 Conduct internal and external analysis of specific organisations in order to identify
strengths and weaknesses............................................................................................................9
P6 Interrelation of Strength and weakness with external Macro factors....................................9
CONCLUSION..............................................................................................................................10
REFERENCES................................................................................................................................1

INTRODUCTION
Business environment plays an vital role in overall operation of business. Under which
organisation are required to scan all the changes coming in external environment on the basis of
which modification has been made in the whole organisation structure that allow them to
accomplish all the task within the specified time period (Arasti , Zandi and Talebi ,2012).
Manager of organisation required to discuss about various issues and problems coming in
environment on the basis of which different types of solutions has been evaluated on the basis of
discussion with their team members that leads to rational decision making and they easily beat
all the challenges of rivalry. Under this assignment the company which is preferred I.e. Argos
this is UK based retail grocery company and subsidiary of Sainsbury's operate its business over
845 retail shops and consider as largest high street retailers in UK. Further this report discuss
about type, size, scope and interrelation of strength and weaknesses of various companies.
TASK 1
P1 Different types and purposes of organisations
Basis of
Comparison
NGO NPO For Profit
Meaning NGO can be described as
non Govt. body whose
major objective is to get
established for societal
point of view and thus
uplift the welfare to the
communities. This kind
of body is generally
structured and organised
by the common and
independent people.
There are number of
products and services
which are being sold
with the objective of
enhancement and thus
profit is not being
divided among all the
owners.
This type of sector is set
up with the purpose of
generating the revenue by
selling out the goods and
services within the
marketplace.
Area of
Operations
Operate in large scale Limited their business
within specified
Operate at large scale and
offer services at global

countries. level.
Objectives The major objective of
this kind of division is to
develop such type of
society that uplift the
living standard of society.
This kind of sector has
been developed with the
motive of promoting the
art, science and
commerce.
Earning huge amount of
profit and generating the
revenue for the purpose of
attracting large number of
customers.
Three major sector in which they divided are describe below:-
Public sector:- Under this type of sector whole structure of organisation is develop by group of
central and local government only and overall income has been distributed among people of that
association in which speculation has being mastermind by different people through their
assessment. For example Argos is one of the famous organisation that were focused on salary
class of people.
Purpose:- Their main purpose is to served the people of whole country by providing them
products and services at affordable price to general public.
Private sector:- This kind of organisation is generally establish by private individuals only with
the objective of earning huge amount of profits and Waitrose one of the famous MNC'S that
offer the items and control administration all around the world.
Purpose:- The main motive of this type of organisation is to identifying the utmost needs and
desire of customers by offering them varieties of products and services.
Voluntary sector:- This type of business is generally establish with the process thought of
enhancing the overall welfare of society and their related attributes. For example Oxfam one of
the famous international division.
Purpose:- The main priority of this sector is to increase the living standard of society by
providing better infrastructure facilities for whole business (Bar-Isaac and Shapiro ,2013).
Legal Structure of the Sector
Private sector:- This further divided into following parts:-
Sole Proprietorship:- This type of business is generally establish by single individual only who
prepare the policies and standards for business and enjoy the profit wholly by own only.
Partnership:- Under this group of at-least two people start this type of company in which all the
terms condition related to business define in partnership deed.

Public sector:- Comprises number of government bodies which further divided into following
parts:-
State government:- This type of government handle all the matters related to particular state in
which they manage their whole rule.
Local government:- This kind of government is generally focus on all the matters and issue
related to local communities in order to provide welfare of society.
Central government:- This type of government build top position as compare to above authority
and all the administration is handled by central government only.
P2 Size and Scope of various types of organisations
Whole size of business is divided into small, medium, micro and large sized which describe
below:- Micro scale:- This kind of organisation is generally small in size and operate their
business with the main objective of earning such livelihood through which they satisfy
their basic needs and desire and turnover of such company is very low (Beaumont ,
WHITAKER and PEDERSEN ,2013). Small scale:- This type of business are operate at wider scale as compare to micro
business and comprises of more than 45 to 50 workforce. Apart from it, the profit they
earned is around 5 million. Medium scale:- It comprises of around 250 to 500 employees who generally work at
large scale as compare to small business and profit they earned be around 5 to 23 million Large scale:- This type of organisation are generally operated at global level and
comprises of large employees with the motive of earning huge amount of profits around
250 million dollars.
Objectives differences:
Micro Small Medium Large
The main objective of
this type of scale
organisation is to
maintain their
livelihood and thus get
holding their
In this kind of
division, the major
target is on keeping
the healthy and ethical
lifestyle and thus
catching up of
In this kind of
company, the main
target is on expanding
up the business within
the whole international
market and thus have
These kind of
organisation has the
main target on
structuring the
economy and
maintain sustainability

sustainability within
the society.
opportunities is the
main objective of this
kind of company.
to made themselves a
global player in such
competitive world.
within the nature and
that can be stated as its
main objectives.
Scope of various organisation are describe below:-
Micro scale:- This kind of organisation are limited in respect of their business process and
chances of diversification in all over country is less.
Small scale:- Company using different modern tools and techniques in order to expand their
products and services at various regions.
Medium scale:- Scope of development is high due to higher chances of expanding their business
at global level.
Large scale:- These are top branded association who focuses to retain their brand value among
large economy. For example Argos coming in this scale because of huge market.
TASK2
P3 Interrelation of various organisation function and their applicability to accomplish objectives
Every organisation has their own structure and it has been evaluated that Argos using flat
organisation structure in which level of management is less and because of which workforce are
easily communicate with strategic level of management. Apart from it various type of function
that has been performed by Argos related to HRM, marketing, research development and finance
and it is important for business to perform all the functions of business effectively in order to
achieve all the organisational objectives (Bryman and Bell ,2015).
For the purpose of forming better interrelationship between organisation structure in context of
Argos are discuss below:- Finance department:- This is one of the important department under which overall
budget of company is prepared in which comparison between standard and actual
performance has been measured and if any deviation arises then corrective step is taken
out for maintaining overall finance of company. For example Argos multinational retail
brand need to allocate the type of expense incurred on the basis of which performance
has been measured.

 Marketing department:- This department in such dynamic environment uses such type
of marketing promotional tools and techniques that allow them to aware the customers
regarding all the new and innovative changes they made in respect of their goods and
services for the purpose of enhancing sales and profitability.
 Human resource:- This department formulate such policies and strategies through
which they adopt such tool of recruitment under which they hire such professional
individual who able to understand the recent market and provide such solution that allow
them to beat all the challenges of rivalry.
Apart from it different type of organisation structure that must be concern by Argos are discuss
below:- Functional structure:- Under this whole work is divided on the basis of function
performed by organisation among different department because performing the task by
different individual on the basis of their respective function allow them to accomplish
goals within stated time period.
 Divisional structure:- This structure is largely adopted by large sized companies in
which whole work is divided into different department according to the specialisation of
person so that they use their skill and capability properly in that respective fields which
leads to achievement of daily targets. For example Argos if using this structure easily
able to communicate with workforce effectively and establish better harmony also.
TASK 3
P4 Positive and negative impact of Macro environment on Business operations
Company need to analyse properly the whole pestle analysis along with their positive and
negative aspect which need to conducted by Argos in order to understand all the rapid changes
coming in macro environment and the whole description is given below:-
Political factors:- Their are different type of factors and component that need to be concerned
under political segment that also affect overall business operations also. Further change in
political party and different conditions occur due to various political rules regulation that
sometime become hurdle in company goals (Chadee and Roxas ,2013).
Positive impact:- Favourable policies that enhance development factor in corporates will provide
different opportunities to the businesses especially to the retail sector for the purpose of
expanding business.

Negative impact:- Something changes in political condition affect whole economy negatively
which also decrease their purchasing power and impact on sale of business.
Economical factors:- These factors and elements affect the business sector in huge manner
especially at the phase of inflation, deflation and change in foreign exchange rate affect the
overall sectors in business especially effect on profits.
Positive impact:- In the situation of inflation company get the benefits of higher sale because in
such situation purchasing power of customer is high that facilitates to higher productivity and
market share.
Negative impact:- Unfavourable situation in economic cycles will create unemployment and
reduce the living standard of society.
Social factors:- These factors include emotion, culture and background of individuals that need
to consider by company at the time of offering products and services to particular society.
Positive impact:- If company is able to satisfy the needs and desire of customers through their
products and services will allow them to establish good brand value.
Negative impact:- Sometime using such type of tools and techniques in their marketing
promotion will be detrimental to the value and emotion of customers.
Legal factors:- This means compliances of all legal rules and regulation which has been
enforced by UK government.
Positive impact:- If Argos follow all the labour and commercial laws allow them to conduct all
operation smoothly.
Negative impact:- Non compliances of all legal laws and legislation lead to huge penalty to
company.
Environmental factors:- Different factors and components need to analysed in order to under the
impact of environment fully.
Positive impact:- It help in reducing carbon footprints which occur at the time of producing and
manufacturing goods and services.
Negative impact:- Global warming is one of the negative impact coming from industry smoke.
Technological factors:- Their are different technological advancement and innovative measures
coming in organisation that affect the whole organisation structure.
Positive impact:- Advancement in products and services due to digitalise techniques increase the
development of Argos company.

Negative impact:- Local and small industry are cope up with the advance changes in technical
manner.
TASK4
P5 Conduct internal and external analysis of specific organisations in order to identify strengths
and weaknesses
In order to analyse the internal condition of company it is important for business to ascertain all
the points and measure that affect their performance and for which SWOT analysis is one of the
essential element to understand the present situation of company which stated below:-
Strength
 Argos consider top most brand in retail
sector that allow them to charge
premium price for products.
 Company grew their sales by 8% as
compare to their last financial year. Argos successfully comprises of 15
million customers and increase 40% of
sales through their goods and services.
Weaknesses
 This company is totally dependent on
particular UK market only for selling
its products that slow down their
growth in economy.
 It is highly depend on technology based
goods which narrow their scope.
Opportunities UK government provide good
opportunity to all the investors through
reducing interest rate which speed up
the growth of business.
Threats
 Their is an intense competition from
the rivalry like ASDA, Tesco and PC
world in whole retail market that affect
the sales and profitability of Argos.
P6 Interrelation of Strength and weakness with external Macro factors
Like other companies Argos also have their own their strength and weaknesses and this
will create both positive and negative impact on overall growth and development of business.
Company earning most amount of profits from UK because of already established good brand
value in whole market of Europe that help in increasing their sales and profitability (Cheng , Yip
and Yeung , 2012). Apart from it, after entrance of Brexit in which political incident that may
restrict the association from the growth and development. Argos is consider as strong company

at international market in the country like Europe but after Brexit they are different difficulties
which are coming at the time of expansion of business. Further company facing various
challenges due to rapid changes in external environment in which they have to full-fill various
formalities in order to perform in legal manner.
Apart from it due to subsidiary of Sainsbury's company stand with strong brand value and also
using different innovative medium in the features of products and services that allow them to
attract large number of audiences which leads to higher profitability and productivity. Beside
this company also contributing amount under CSR activities which allow them to conduct such
programmes that enhance the welfare of society and establish ethical brand image in the eye of
customers and once it establish that allow them to charge premium prices for their retail services
(Chetwood , and et. al. ,2014).
CONCLUSION
It has been concluded from above assignment that environment coming in corporate
affected by both micro and macro factors that induces them to regularly research regarding all
the drastic modification arises in external market which allow companies to formulate such
policies and strategies through which they easily bearing all the challenges of rivalry which
coming in the form of modern technologies and digitalise features in respect of facilities they are
given in respect of their products and services. Apart from it, management of Argos must focus
on their organisation structure in order to accomplish daily targets on time.

REFERENCES
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Online
Stakeholder Analysis. 2018. [Online]. Available through
:<https://www.mindtools.com/pages/article/newPPM_07.htm>.
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