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Unit 1: Business and Business Environment PDF

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Added on  2021-11-23

Unit 1: Business and Business Environment PDF

   Added on 2021-11-23

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ASSIGNMENT 1 FRONT SHEET

Qualification BTEC Level 4 HND Diploma in Business
Unit number and title Unit 1: Business and Business Environment
Submission date 08/10/2021 Date Received 1st submission
Re-submission Date Date Received 2nd submission
Student Name Nguyễn Thị Thảo vi Student ID GBH200400
Class GBH1008 Assessor name ĐOÀN TRANG
Student declaration
I certify that the assignment submission is entirely my own work and I fully understand the consequences of plagiarism. I understand
that making a false declaration is a form of malpractice.
Student’s signature
Grading grid
P1 P2 P3 M1 M2 D1


Unit 1: Business and Business Environment   PDF_1


Summative Feedback: Resubmission Feedback:















Grade:

Assessor Signature:

Date:
Internal Verifier’s Comments:
Unit 1: Business and Business Environment   PDF_2


Table of Contents
1. Introduction .......................................................................................................................................................... 4
2. Expaplain different types and purposes public sector ........................................................................................ 5
2.1. Types and purposes.......................................................................................................................................... 5
2.2. Example ............................................................................................................................................................ 5
3. Expaplain different types and purposes private sector ...................................................................................... 6
3.1. Types and purposes .......................................................................................................................................... 6
3.2. Example ............................................................................................................................................................. 6
4. Expaplain different types and purposes voluntary sector .................................................................................. 7
4.1. Types and purposes .......................................................................................................................................... 7
4.2. Example ............................................................................................................................................................. 8
5. Choose a company bellong top 500 biggest company in Vietnam, introduce background of the company ... 8
6. Size of the company ............................................................................................................................................. 9
6.1. Data: the total capital, the total revenue, and the total number of employees in 2020 ............................... 9
6.2. How the size of the company ......................................................................................................................... 11
7. Scope of the company ........................................................................................................................................ 12
7.1.1. Identify the stakeholders (internal) ........................................................................................................ 12
7.1.2. External stakeholders .............................................................................................................................. 14
7.2.1 The economic objectives in 2021.............................................................................................................. 14
7.2.2. Social objectives in 2020 of Vinamilk ...................................................................................................... 15
7.3.1 The vision, mission of Vinamilk ................................................................................................................ 16
7.3.2. The vision, mission and objectives meets the need and interests of the stakeholders ........................ 17
8. The selected company, analyze ......................................................................................................................... 17
8.1. The legal structure achieve the specific objectives ....................................................................................... 17
8.2.1. The size to achieve the specific objectives .............................................................................................. 18
8.2.2. The scope to achive the specific objectives ............................................................................................ 18
9. Structure and Fuctions ....................................................................................................................................... 18
Unit 1: Business and Business Environment   PDF_3


10.1. Demonstake how these departments link together or support each other to achieve the set objectives
of the chosen company. ......................................................................................................................................... 20
10.2. Analyze how the changes of the functions make impact on the organizational ........................................ 20
structure of the choosen company. ....................................................................................................................... 20
11. Critical analysis of the complexities of different organization and structure by analyzing the
transformation of the legal structure, size and scope, functions and organizationl structure when the chosen
company grows global or conducts international business. .................................................................................... 20
12. Conclusion. ..................................................................................................................................................... 20
13. References: ..................................................................................................................................................... 20







1. Introduction
In researching the Vietnamese market for investment, I realized that many companies have
high potential. But to thrive in the future, Vietnam Dairy Products Joint Stock Company is
the most impressive. According to research, Vietnam Dairy Products Joint Stock Company,
or Vinamilk for short, was established in 1976, is one of the leading dairy companies in
Vietnam, born to serve the nutritional needs of everyone. In 2010, Vinamilk changed the
slogan from "Vietnamese Faith" to "Standing up Vietnam" and used it up at this moment.
Over 43 years of establishment and development, from the initial 03 factories taking over.
Now and again, Vinamilk has expanded its scale to 40 units, including branches, factories,
dairy farms, logistics, and other branch subsidiaries and affiliates both at home and abroad
Unit 1: Business and Business Environment   PDF_4


2. Expaplain different types and purposes public sector

2.1. Types and purposes
Public sector organizations are run by the government and owned by the people of the
state. Funds in the public sector come from state taxes. State-owned enterprises include
enterprises in which the State holds (or owns) more than 50% of the charter capital and the
total number of voting shares. They are run by the government. Besides that, State-owned
enterprises have legal personalities.The purpose of the public sector is to provide public
services include public goods and government services as the military, police, public
education along with health care, and those working for the government itself to towards
the betterment of society. They are not profitable but help people and the country to move
forward by giving facilities.

2.2. Example
Vietnam Oil and Gas Group (the largest state-owned corporation). The legal status of the
Vietnam Oil and Gas Group is a one-member limited liability company owned by the State,
with legal capital of VND 177,628,383,625,944. The State Capital Management Committee
at Petrolimex owns 981,686,626 shares, accounting for 75.87% of enterprises. This means
that Petrolimex is owned by the state because the state holds more than 50% of the total
shares (according to Clause 11 Article 14 of the Law on Enterprises of Vietnam).
Unit 1: Business and Business Environment   PDF_5



Number of shares of Petrolimex ( Vietstock, 2020)

3. Expaplain different types and purposes private sector

3.1. Types and purposes
Companies in the Private Sector are controlled, managed, and operated by Individuals or
Private. Private individuals or organizations have more than 50%, so the company belongs
to the Private sector (Doantrang 2021, slides 2). The private sector is required to work to
pay profits to the owners. And Private enterprises do not have legal status. The purpose of
the private sector is mainly profit. The rise of a country's economy or GDP is partly due to
private businesses.

3.2. Example
Masan Group Joint Stock Company, referred to as MSN for short, was established in 1996,
with its head office in Ho Chi Minh. Besides, Masan has many subsidiaries such as Masan
Food - consumer goods, Techcombank - financial services,v.v. MSN is a private enterprise,
so it must be a profit organization. Masan Joint Stock Company owns 51.0% of the shares in
the company. From Masan’s dividend table in 2020 below, as it might be seen that Masan’s
dividend payment is 3,172,160,718,000 trillion VND for the stakeholders of the company.
From the above, we can see that Masan Joint Stock Company is private, and it is a highly
profitable company.
Unit 1: Business and Business Environment   PDF_6

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