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Relationship Between Organizational Objectives & Structure

   

Added on  2022-12-14

12 Pages3571 Words493 Views
Business and the
Business Environment

Table of Contents
INTRODUCTION................................................................................................................................3
P1 Purpose and Legal Structure of Organization -Public, Private & Voluntary..............................3
P2 Size and Scope of a range of various types of organization.......................................................5
P3 Relationship Between Different Organizational Objectives & Structure...................................6
TASK 3 ................................................................................................................................................8
P4 Recognize the positive and negative affect of macro-environment on Dyson...........................8

INTRODUCTION
Business refers to a financial entity that regulates various activities in its given marketplace
with an only objective to create money. It is being divided into various department which regulates
effective working of the firm in its respective market of operation. Various strategies and plans are
being formulated in the business firm, managers of the firm regulates various activities in a business
firm that ensures effective growth of the firm with completion of social as well as operational
objectives of the firm. However with presence of various uncertainties and competition in given
market of operation of the business firm, it makes difficult to managers and leaders of the firm to
develop and implement various strategies and plans that ensures effective growth of the firm and
also provides better guide to the business firm for attainment of various objectives and goals of the
business firm. The present report will highlight operational working of various firm such as
Starbucks, NHS and Save the child. It will evaluate various operational strategies undertaken in the
operational firm that regulated effective working of the firm in its present working environment and
also evaluate effective working of the firm with respect to various uncertainties and competition in
given operational working environment of the business firm. With addition to that, internal as well
as external analyses of the firm is also being conducted in the operational firm in order to determine
firm's core strengths as well as weaknesses and also is guided with future opportunities and threats
of the respective firms in given operational environment of the business firm.
P1 Purpose and Legal Structure of Organization -Public, Private & Voluntary
Every organization has a clear mission and legal structure that demonstrate organization's
applicability and motivation for being founded. Every company has its own mission and legal
framework. The following sections address the function and legal framework of public, private and
voluntary companies-
Public Sector Organization
The government has power over the public sector entities. In comparison to other
organizations, government is more active in entire public sector. All laws, acts, and procedures
established by government are followed by public organizations.
Example – NHS
Purpose
The primary goal of any public-sector enterprise is to maximize wealth as well as profit.
Public institutions work for betterment of society as well as the development of the region.
Legal Structure

Central Government : UK's government controls and rules public sector, which is itself
regulated and governed by central government. Government's primary duty is to collect
funds from country's citizens and use them for people's welfare.State Government : Public sector entities are created for specific locations, and all these
organizations are often managed and supervised by the nation's central govt.
Local Government : Municipal corporations and other organisations are examples of
entities governed by regional as well as common authoritative citizens. These companies
collect taxes and use them to provide items and services to general public.
Private Sector Organisations
Individuals and groups of 2 or more persons track and manage private sector organizations.
The government's presence in such types of organizations is minimal, and the primary goal of these
organizations is to increase profits and revenues.
Example: Starbucks
Purpose
The primary goal of these organizations is to generate more profit through creative and
successful ideas that improve people's lives. The key goal of these organizations is to maximize
employee performance so that company's productivity rises in marketplace.
Legal StructureSole Proprietorship : It is part of the fundamental legal system of private companies.
Private corporations are overseen by a single individual who is solely accountable for all
corporate operations in order to increase sales.
Partnership : In the United Kingdom, the majority of private companies are managed as
partnerships. Partnerships are often established between private sector entities Two or
even more partners may function together to achieve organizational objectives in partnership
regulatory framework Apart from that, both partners bear the same benefit and loss, as well
as the same obligations.
Companies : Companies exist as both a legal body as well as perceptual succession,
which means that organization's owner would come or leave as well as switch, but the
corporation will continue to exist indefinitely.
Voluntary Sector Organization
These entities are formed by a group of people who work together to achieve a common
goal. These organizations work to improve the health of the general public and provide programs
that benefit society.
Example : Save the Children
Purpose

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