Business and business environment INTRODUCTION 1 TASK 11 Different type of organisation and the growth of international business environment
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Business and business environment INTRODUCTION 1 TASK 11 Different type of organisation and the growth of the international business environment1 Public company1 Explanation of various organisation 2 Relationship between different departments4 TASK 26 Impact of macro environment on business6 Internal analyses and its relationship with macro factors 8 Key findings and how it impacts the decision making of business 10 CONCLUSION 10 REFERENCES 12 INTRODUCTION There are so many factors that impact on overall working of business to great extent. TASK 1 1 Different
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Business and business environment
Table of Contents INTRODUCTION...........................................................................................................................1 TASK 1...........................................................................................................................................1 Different type of organisation and the growth of the international business environment...1 Public company......................................................................................................................1 Explanation of various organisation......................................................................................2 Relationship between different departments.........................................................................4 TASK 2............................................................................................................................................6 Impact of macro environment on business............................................................................6 Internal analyses and its relationship with macro factors.......................................................8 Key findings and how it impacts the decision making of business.....................................10 CONCLUSION.............................................................................................................................10 REFERENCES.............................................................................................................................12
INTRODUCTION There are so many factors that impact on overall working of business to great extent. Present study is based on The Five Fields that has many restaurants in UK and offers luxurious services to its guests. Current assignment will explain different type of organisation and the growth of the international business environment.Furthermore, it will explaininterrelation between various departments with advantage and disadvantage of this interrelationship. Report will conduct SWOT analyses of business and its competitor KFC. In addition, study will explain interrelationship between strength and weakness of business with macro elements. TASK 1 Different type of organisation and the growth of the international business environment Public company Public company is the company whose share can be freely traded on the stock exchange. The public company is control and operated by the government personnel. Public companyhas topublish annual report and make public details about their finance and business activities. NHS (National health services) is a publicly funded national healthcare system(Sanchez and Hla, 2004) Purpose-The main purpose is to serve the nation and offer high quality and satisfactory services to consumers. Growth -The growth of public enterprise is rising day by day. As NHS is expanding its company across 63 countries and also profit is increasing and the efficiency in terms of technical, allocation and dynamic is improving and also NHS is rated as most impressive in terms of efficiency (Bull and.et.al., 2016). Legal structure:These firms can sell their shares in stock exchange. In these companies board of members are the decision makers. Ownership and control are in the hand of higher authorities. Private company Private company is the company who issue shares and have shareholders but their shares are not traded on the public exchange and not issue through initial public offer. The investor of private company are those who are closest to the founders such as family, friends and employees. For example: The Five Field’s is restaurants that work as private company (Dcosta and McDonough, 2017) 1
Purpose –The first and foremost purpose of private company is to maximize the profit in any possible ways and so as the purpose of The Five Fields to maximize the profit and the another purpose is to achieve a good position in the market and be a global leader in the market. Growth –The private companies are also growing rapidly and also it maximizing its profit. Legalstructure:Thesehaveseparatelegalidentify,boardofdirectorarechosenby shareholders. Share capital needs to have less than£50,000. Voluntary organisation Voluntary organisation or union is an association of member who enters into the agreement and who work for the common objective or interest and usually from a body and work for the purpose to achieve the objective of the organisation.(Hillier and.et.al., 2013) The largest voluntary organisation is Well come trust in UK. Purpose –The most common objective is to create social impact rather than creating profit. These firms mainly focus on improving people wellbeing and improving health of population . (Hillier and et.al., 2013.) Growth –Well-come trust in the independent global charity organisation. In august 2014, the well come trust bought the cooperative group farm business. Legal structure: members of the voluntary firms are guaranteed by £1. These have separate legal identity. Explanation of various organisation CriteriaNHSThe Five Fields 'sWell come Trust Background detailsNational health service has been created as per national health service act1946.Itoffers medical;servicesetc. NHS was founded by AneurinBevan.NHS recognise that smoking causes cancer. The Five Fields 's is theBritishrestaurant and one of the largest in the world. The Five Fieldshas1776 restaurantsacrossthe world.Itwas established in 1998. The Well come Trust isabiomedical research charity based in London, UK. It was established in 1936. 2
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