Limited-time offer! Save up to 50% Off | Solutions starting at $6 each  

Assignment On Organizational Structure - Legal & Divisional Structure

Added on - 05 Feb 2020

Trusted by 2+ million users,
1000+ happy students everyday
Showing pages 1 to 6 of 22 pages
UniversityBusiness and the Business EnvironmentByDateNameLecturer’s Name
Business and the Business EnvironmentContentsTask 1...............................................................................................................................................3Marks and Spencer (M&S)..........................................................................................................5(ii) Relationship between organizational structure and organizational function.........................7LO3................................................................................................................................................10Macro environment analysis......................................................................................................11Positive aspects of macro environment......................................................................................12Negative aspects on macro environment...................................................................................14LO4................................................................................................................................................16Internal analysis of the company...............................................................................................16SWOT analysis..........................................................................................................................16Impact of strengths and weaknesses..........................................................................................20Conclusion.....................................................................................................................................22References......................................................................................................................................23Page2of22
Business and the Business EnvironmentTask 1Today, international business is becoming more and more involved due to the higherorganizational structure(Czinkota, Ronkainen and Moffett, 2011). People are working hard dayand night for achieving the objectives of the organization. However, it is significant for thepeople who are working in the organization and who is determined to join a specific company toknow about the structures of the organizations. Societies are established in specific ways foraccomplishing various goals. Moreover, the organization chart can aid its progress towardsachieving the objectives. Organizational structures can be divided into two sections such as legalstructure and divisional structure. These two structures determine the size of theorganization(Hill and Hult, 2017). The two structures are described below:Divisional Structure:The specific structure is implemented by large companies that function ina wide geographic area. It means the campus of the company is enormous. Moreover, divisionalstructure is also used in large enterprises where separate smaller companies within a specificgroup cover various types of services and products in different areas or specific areas(Knott andTurner, 2017). Divisional structure is often known as private organizations. Private organizationsare large.Legal Structure:Business legal structures change inside and out from country to country.Gathering the right legal, organizational structure for the firm is a defender among the mostfundamental decisions the company will make(Knott and Turner, 2017). While it won't havemuch impact on the regular operations of a private wander, it can have a tremendous impactevaluate time when the organization need to procure trade or haul out money related experts, orin the shocking event that you get indicted. While it is possible to change the organizationalPage3of22
Business and the Business Environmentstructure at a later date, it can be a troublesome and expensive process. Better to settle on theright decision regardless. The legal business structure can be classified into many types out ofwhich sole proprietorship and limited partnership are described below:Sole proprietorship: In a sole proprietorship, the individual owner of an independentbusiness operates the organization as an extension of himself(Jarrett-Kerr, 2011).Moreover, in a sole proprietorship, there is no loss and profit of the firm. It has beenfound that these types of companies have no separate business filing. In fact, the owner ispersonally responsible for any business liabilities.Limited partnership: Based on limited partnership, the core organization structure alongwith the tax implications are same as a general business. Besides that, the limitedpartnership helps the organization to get a permit for more than one limited partners.The structure of an organization is mainly basic for central authority. Most business firms eitherhave a tall or level, various tiered structure. Level structures enable small business firms to settleon speedier decisions, as they are every now and again growing rapidly with new products andneed this versatility. Small business firms are generally speaking use a level, different tieredstructure. For example, a director can report predominantly to the president as an alternative ofan official, and her partners are only two levels under the president(Aslin, 2010). The BusinessPlan, an online orientation website, says small business firms should not worry about varioustiered structure unless they have no under fifteen agents. The reason is that agents into anextraordinary degree small organizations have different obligations, some of which can associatedifferent limits. As a modest organization creates, it can incorporate more prominentorganization levels. For example, a thing director moreover might be accountable for exhibitingPage4of22
Business and the Business Environmentinvestigation and publicizing. Far reaching organizations every now and again have variouslevels or levels of the organization(Hwang and Chung, 2016).Marks and Spencer (M&S)Marks and Spencer is a major British retailer company which has over eight hundred and ninety-five stores in more than forty territories. Domestically, the organization has six hundred storesand internationally, it has two hundred and ninety-five stores. Marks and Spencer are the largestclothing retailer in the world as well as in their nation, United Kingdom(Kent, 2000). The headoffice of the company is located in the Waterside House in the City of Westminster, London,England. It is also the largest supermarket in the world. During the year 2008, the organizationhas become the 43rdlargest selling company internationally. In their domestic stores, their mostof the business sold both the food and clothing to their potential customers. During 1998, theorganization became the primary retailer to create a pre-tax revenue of over one billion euro. InNovember 2009, it was proclaimed that Marc Bolland would take over as the chief executivefrom executive chairman. The chief executive chairman is Stuart Rose in the early year 2010.Internationally, the number of stores of Marks and Spencer is described below:India – 52 stores.Turkey – 48 stores.Russia – 37 stores.Greece – 27 stores.Ireland – seventeen stores.France – fourteen stores.Poland – eleven stores.Page5of22
Business and the Business EnvironmentHungary – six stores.Finland and Spain – 5 stores.The company is very popular all over the world due to a regulated and information-relatedmanagement style of SCM or supply chain management. Moreover, their dealers to make it anecessary win-win condition. The organization and contractors have essentially more than ageneral company, however rather transform into a complicit connection to work. Moreover,Marks and Spencer have just about a thousand of providers, and contractors Dibos organizationshaving more than hundred years joint effort, with more than sixty dealers with more than fiftyyears of the company. Based on the product department of Marks and Spencer, the organizationhas varieties of products from footwear, general merchandise, foods, financial services as well asother goods and services(Worth, 2007). Moreover, the business of food carries a broad range ofarranged foods, ethnic foods, meats, non-alcoholic beverages, perishable foods as well asalcoholic beverages. The product prices also vary from each other.The price of the product and services of Marks and Spencer is determined by the number offactors which include competition, material cost, market share, the identity of the product, aswell the perceived value of the product. Regulation is the organization’s reliable productsuperiority, style, sort as well as framework of supply configuration, product appear, and eventhe team of the facility program has a cautious customary(Worth, 2006). Systematizationadministration most noticeable favored angle is that we can save a lot of the Directorate costs,while purchasers can repair the generic brand of the Marks and Spencer, giving them a home along way from home shop foundation. Marks and Spencer have fulfilled a paperlessmanagement, which confirms that wherever all through the world Martha tie can endure runningprecise. Moreover, the organization followed a value price strategy from its inception. ThePage6of22
desklib-logo
You’re reading a preview
Preview Documents

To View Complete Document

Click the button to download
Subscribe to our plans

Download This Document