Impact of Macro Environment on Business Operations

Business and business
environment

Table of Contents
INTRODUCTION...........................................................................................................................3
P1.The kind and purpose of public, private, voluntary sector or legal structures ......................3
P2.Different types of organisation in respect to the size and scope............................................4
P3. The organisational function and their connection with business objectives and structure.. 6
P4.The impact of macro environment upon business operations positively or negatively.........7
P5.The external or internal analysis of the company to identify strengths and weaknesses .....8
P6.The weaknesses or strengths in relation with the external macro factor ..............................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................11

INTRODUCTION
Business environment explains the total of all people, businesses or other forces and
factors that are related with the external power of the organisations but at the same time may
affect its production. The government, technological, financial or culture forces which work
outside an enterprise are related with its culture. Northern trust investment bank or NTIB,
founded in Chicago since 1889, is a main source of asset, investment management, banking
solutions for corporations, institution all over the world and almost have 4400 offices worldwide.
This report explains the different size, scope or sizes of organisation in relation with public,
private and voluntary structures and demonstrate the positive or negative impact of micro
environment on business. Moreover, also elaborate the internal or external analysis to identify
strength or weakness of organisation.
P1.The kind and purpose of public, private, voluntary sector or legal structures .
Business can be elaborate as structures or groups established with the purpose of the acquiring
specific goals or objectives. The most basic way to differentiate the business is to look their
specific goals or purposes.
Private organisation is basically established with the primary purpose of generating profit and
these are run in private sector that means they are owned by individual or group entities and not
by state government however they are subject to legal or financial framework regulate by
suitable state authorities (Andonova, 2017). Legal structure – The private organisations is
usually owned and run by private individuals and it consists different types of business, like
partnership, limited companies, sole proprietorship and franchise. Sainsbury founded in 1869 by
John James and Mary Ann Sainsbury, is the second largest chain of UK, and done its operations
in food retailing chain. Its purpose-The mission of Sainsbury is simple that is to supply high
quality products or services to its customers along with the maximisation of profit or supply
good financial return to stakeholders. Their primary aim is to maximise buyers expectation in
accordance with fresh, tasty, safe and healthy food products to make their lives even more easier
or simpler every single day.
Public organisation are set up to serve the purpose other than of financial gain and often refer
as not for profit organisation. The charities or social enterprises are fall under the categories of
the public organisation but some of these might take activities of business and the overall fund

occupied from this activities are utilize to further the purpose they support, and their funds are
never distributed amongst their members (Villani ,Greco and Phillips, 2017). These enterprise
are usually produce their funding through donations, sponsorships and other investment and
they are free from tax. Legal structure – The public sector are accountable to central or local
government or they funded directly by the government and tend to supply social services.
Northern Trust Investment Bank headquartered in Chicago that providing financial services that
serve to corporations and top notch net worth individuals and families. Its causes – its main
purpose is to serve clients and become the most trusted financial partner, preserving and
expanding their asset. Their trust is continue by supplying exceptional services tailored
according to every individual clients needs.
Voluntary organisation are known as the non-profit organisation, independently work from
the state or government although may receives state funding, but manage without depiction
from the government. The World Bank clarifies two groups of NGOs namely advocacy or
operational NGOs. Operational NGOs works towards the implementation of development based
projects; while advocacy NGOs task towards promoting as definite cause. Legal structure – the
three main legal structure used by this groups; a trust, a company which is limited by guarantee
and an unincorporated Association (R , R.K and Brudney, 2018). The Red cross is quite
different from other charitable institution grow during the second half of the 19th century in two
respects, the global aspirations and the permanent nature of the institution found on the basis
the resolutions adopted at the Geneva conference of October 1863 which actually gave birth to
Red cross. Main purpose- it will provide the assistance to the victims of the disasters , health
crises and the armed conflicts all over the world.
P2.Different types of organisation in respect to the size and scope.
Basis Micro organisation Small organisation Medium organisation
Meaning When the numbers of
employees is nearly
very low and the
turnover is particularly
very less.
In this business the
numbers of employees
is low but nearly high
compare to micro
level. The NTIB is
connect with the local
In this organisation,
the strength of
employees is large as
compared to micro or
small. The Red Cross,
Northern Trust